What are the responsibilities and job description for the Commercial Banking Officer position at WESTERN STATE BANK?
About the Role:
The Commercial Banking Officer plays a critical role in driving the growth and profitability of the bank's commercial lending portfolio by establishing and maintaining strong relationships with business clients. This position is responsible for evaluating, structuring, and managing commercial loans to meet the financial needs of small to mid-sized businesses while ensuring compliance with regulatory standards and internal policies. The officer will analyze creditworthiness, assess risk, and develop tailored lending solutions that support clients' business objectives and contribute to the bank’s asset quality. Collaboration with internal teams such as credit analysts, risk management, and retail banking is essential to deliver comprehensive financial services and maintain a healthy loan portfolio. Ultimately, the role demands a proactive approach to business development, risk mitigation, and customer service excellence to enhance the bank’s market presence and financial performance.
Minimum Qualifications:
- Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
- Minimum of 5 years of experience in commercial lending or commercial banking.
- Strong knowledge of commercial loan products, credit analysis, and loan portfolio management.
- Proven ability to assess credit risk and structure loan agreements accordingly.
- Excellent communication and interpersonal skills to build client relationships.
Preferred Qualifications:
- Experience with asset-based lending and small business lending in a retail banking environment.
- Familiarity with regulatory compliance and risk management frameworks in the banking industry.
- Demonstrated success in business development and client acquisition.
Responsibilities:
- Originate, evaluate, and structure commercial loans including asset-based lending and small business lending products.
- Conduct thorough credit analysis and risk assessments to determine loan eligibility and terms.
- Manage and monitor the commercial loan portfolio to ensure compliance with bank policies and regulatory requirements.
- Develop and maintain strong relationships with existing and prospective commercial clients to identify new business opportunities.
- Collaborate with credit analysts, underwriters, and retail banking teams to facilitate loan approvals and service delivery.
- Prepare detailed loan proposals, documentation, and presentations for internal credit committees.
- Stay informed on market trends, economic conditions, and regulatory changes affecting commercial banking and lending.
- Provide ongoing support and financial advice to clients to help them manage their banking needs effectively.
Skills:
The required skills such as commercial lending, credit analysis, and loan portfolio management are applied daily to evaluate client financials, structure loan products, and mitigate risk effectively. Commercial loan expertise enables the officer to tailor lending solutions that meet diverse business needs while maintaining asset quality. Strong communication and relationship-building skills are essential for engaging with clients and internal stakeholders to facilitate smooth loan processing and service delivery. Knowledge of asset-based lending and small business lending expands the officer’s ability to serve a broad client base, enhancing business growth opportunities. Preferred skills like regulatory compliance and advanced certifications support the officer in navigating complex banking regulations and elevating the quality of credit decisions.