What are the responsibilities and job description for the Commercial Lending Officer position at United Bank of Union?
United Bank of Union is searching for a Commercial Lending Officer to develop and support the lending activities of the bank. The ideal candidate will possess prior commercial lending experience, a strong credit/risk management background, a record of successful business development, a desire for continued professional development, and strong teamwork and communication skills.
UBU offers comprehensive benefits package and perks: paid time off; paid childbirth/parental leave; health, vision, dental, life insurance; employee assistance program; 401K plan; professional development opportunities; gym reimbursement; monthly lunch n learn program; volunteer opportunities; work-life balance; and more.
Essential Responsibilities:
- Identify and cultivate new commercial lending and deposit opportunities through networking, referrals, and community involvement.
- Build and maintain relationships with business clients and referral sources.
- Analyze client needs and recommend appropriate loan products.
- Review loan requests, credit history, and financial statements to perform a detailed analysis to determine whether proposed applications meet lending criteria.
- Prepare proposed credit memos, including recommendations for loan pricing and terms, and receive concurrence from the credit approving officer/s prior to proceeding with in-depth client negotiations.
- Monitor loan portfolio, communicating directly with borrowers, to ensure that all required financial exhibit due dates are monitored and received from customers in a timely manner.
- Maintain the credit quality of their individual portfolio within bank standards and guidelines; promptly surface all risk issues uncovered over the course of managing the portfolio.
- Ensure all loans meet federal, state, and internal banking regulations.
- Adhere to all federal, state, and bank regulations, including lending limits and documentation.
- Represent the bank at community events and business functions to enhance visibility and build relationships.
Qualifications:
What Makes You Stand Out:
- Bachelor's Degree in finance, business administration ore related field (or equivalent experience).
- Minimum 3-5 years of commercial lending experience in a banking environment.
- Proven track record in business development and portfolio management.
- Strong analytical and financial analysis skills.
- Excellent communication and negotiation abilities.
- Proficiency in loan origination systems and Microsoft Office.
Our UNITED Core Values will tell you who we are:
U – Understanding (because UNDERSTANDING the needs and views of others leads to effective communication and respect).
N – Neighborly (because being NEIGHBORLY and serving our community is essential to our success).
I – Integrity (because having INTEGRITY builds trustworthy relationships).
T – Teamwork (because when we work and adapt as a TEAM we can outperform our competition).
E – Energy (because working in an ENERGETIC environment makes work fun).
D – Dependability (because being DEPENDABLE helps us achieve our goals and promotes accountability).
United Bank of Union is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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