Job Details
Job Location: Any - Washington, MO
Position Type: Full Time
Education Level: 4 Year Degree
Salary Range: Undisclosed
Job Category: Commercial Lending
Bank of Washington is growing and in need of a Commercial Loan 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. Bank of Washington maintains high expectations of core values, positive attitude, and character in all our employees.
Title: Commercial Loan Officer
- Title and salary commensurate with experience.
DOL Status:
Essential Responsibilities:
- Identifies, engages, and develops new markets and expand lending opportunities.
- Builds relationships, working within the prescribed framework of bank policies and procedures, to offer flexible and competitive financial solutions including business loans, lines of credit, SBA loans, deposits, and other business products.
- Gathers the vital business, financial, and personal background information from potential borrowers.
- Reviews loan requests, credit history, and financial statements to perform a detailed analysis to determine whether proposed applications meet lending criteria.
- Prepares 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.
- Monitors 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.
- Maintains the credit quality of their individual portfolio within bank standards and guidelines; promptly surfaces all risk issues uncovered over the course of managing the portfolio.
- Actively participates in the local and business community at large.
Preferred Education, Experience, Technical Knowledge and Skills:
- Bachelor's Degree
- Commercial Lending: (Preferred)
- Outside Sales: (Preferred)
- Financial Services: (Preferred)
Compliance:
- Employee is responsible and accountable for the establishment and following of procedures to ensure compliance with all applicable regulatory rules and regulations.
- Bank of Washington will reasonably accommodate qualified individuals with a disability so that they can perform the essential functions of a job.
The Bank of Washington 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.