Senior Commercial Loan Officer

American Bank · Covington, United States

Job Function: Responsible for managing the Bank’s commercial loan portfolio, overseeing a team of Commercial Loan Officers, and driving portfolio growth while ensuring regulatory compliance.

Responsibilities:

• Manage a team of Commercial Loan Officers
• Cultivate new business relationships and source prospective clients
• Assist the CLO in creation of guidelines and policies relating to the accurate and timely servicing of the institution’s commercial loan portfolio
• Participate in the review and approval of presented loan applications
• Maximize portfolio growth through effective planning, development, and implementation of lending strategies
• Review existing and new client relationships for credit quality, structure, and pricing
• Monitor and manage institution’s commercial portfolio and communicate performance and concerns to top management
• Develop and maintain manuals and references
• Stay abreast of regulations and legislation, as well as other political and policymaking events that directly affect the financial institution
• Conduct various assessments and audits to ensure department procedures are achieving accurate and desired results
• Interact with auditors, compliance, and examiners to assist in Bank reviews and examinations; address and ensure necessary changes or recommendations have been implemented
• Maintain open communication and partner effectively with other department managers
• Achieve department goals within defined timelines
• Perform ongoing training, review, and communicate current or developing industry topics or standards, policy changes, and regulations
• Provide effective performance management, including regular feedback, coaching, goal setting, and performance evaluations
• Consistently support the Bank and its core values
• Follow all policies and procedures
• Additional duties may be assigned by supervisor

Requirements:

• High school diploma or equivalent
• Bachelor’s degree in business administration, finance, or related field
• Master’s degree or Graduate School of Banking preferred
• 10+ years experience in lending and loan operations, administration, and policies and procedures
• 5+ years experience in a management role
• Active NMLS license
• Extensive knowledge of banking laws, regulations, policies, and procedures
• High level analytical skills
• Strong interpersonal, negotiation, and business development skills
• Excellent written and verbal communication
• Effective time management skills
• Intense attention to detail