2 FIRST ENTERPRISE BANK Jobs near me
FIRST ENTERPRISE BANK is Hiring a Commercial Lender Near Oklahoma, OK
Job Details
Description
Major Duties & Responsibilities:
- Acquire new commercial relationships and expand existing commercial relationships within the bank.
- Conduct financial analysis, balance sheet and income statement, statement of cash flows and cash flow projection assessments.
- Perform credit risk assessments and evaluate the overall financial health and creditworthiness of borrowers.
- Present recommendations to senior management and loan committee for approval.
- Collaborate with loan officers, borrowers, and other stakeholders to gather necessary information and documentation.
- Monitor and manage client relationships.
- Stay updated on industry trends, regulations, and best practices related to commercial lending.
- Work with Loan Assistant in preparation of loan documents and ensuring compliance with regulatory requirements.
- Participate in meetings with clients to understand their financing needs and provide appropriate product solutions.
Qualifications
Skills and Qualifications:
- Minimum of 5 years in banking with at least 2 years of experience in commercial lending, and financial analysis.
- Bachelor's degree in Accounting, Finance, Economics, or a related business field required.
- Strong understanding of financial statements, accounting principles, and credit analysis. Credit analyst experience is a strength, though not required.
- Knowledge of the commercial loan products including, Term Loans, Advancing Term Loans, Revolving Lines of Credit, Guidance Lines of Credit, and Letters of Credit.
- Knowledge of Treasury products and the benefits they provide.
- Knowledge of guidelines for loan programs and various types of loans such as SBA (7a, 7a Express & 504) and USDA is an asset, but not required.
- Excellent relationship development skills and communication skills.
- Excellent verbal and written communication skills.
- Ability to work independently and as part of a team in a fast-paced environment.
- Strong organizational and time management skills.
- Proficient in Microsoft Office Suite, particularly Excel and Word.
- Knowledge of commercial lending regulations and compliance standards is a plus.
EOE/M-F/Disabled/Protected Veterans
Job Summary
Other
Banking
$44k-58k (estimate)
06/07/2024
06/28/2024
firstenterprisebank.com
OKLAHOMA CITY, OK
25 - 50
1907
Private
BILL RICHARDSON
<$5M
Banking
Related Companies
The job skills required for Commercial Lender include Commercial Loans, Microsoft Office, Written Communication, Accounting, Time Management, Economics, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Lender. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Lender. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Commercial Lender positions, which can be used as a reference in future career path planning. As a Commercial Lender, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Lender. You can explore the career advancement for a Commercial Lender below and select your interested title to get hiring information.
If you are interested in becoming a Commercial Lender, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Lender for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Commercial Lender job description and responsibilities
A commercial lender grants financial loans to businesses.
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Commecial Lender resolves uncertainties relating to customer application information through inquiries with applicant or creditors.
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They structure loans within loan policy. Approves loan within specified limits or champions loan opportunities to the credit department and/or Committee for proper approval.
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Commercial Lender prepares financing proposals consistent with approval for presentation to the applicant.
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Commercial lenders also look at the purpose of the business, the character of the business owner, where the business operates, and the projected annual sales and growth for the business..
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Commercial Lender jobs
There are many ways to advance in the field of commercial lending. One of the best is to get an advanced degree in business or finance. This will give an individual the skills and knowledge they need to move into management or executive positions.
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They can also advance by taking on more responsibility at your current job, or by moving to a larger bank or financial institution.
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Present a professional loan package.
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Minimum of 5 years’ experience in Commercial Lending, with a preference for existing experience within service area
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Attend credit training.
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Step 3: View the best colleges and universities for Commercial Lender.
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