Commercial Loan Business Development Officer sells commercial loan services to prospective clients. Develops the initial relationship with prospects and coordinates with loan relationship manager to close selling process. Being a Commercial Loan Business Development Officer develops sales strategies for expanding referral sources. Typically requires a bachelor's degree. Additionally, Commercial Loan Business Development Officer typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Business Development Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Description
Develop and manage loan accounts that meet established lending requirements and provide maximum profitability to the Bank at minimum risk.
Statement of Expectations:
Community Bank expects all employees to comply with the responsibilities of their assigned position to the highest degree of performance by:
Requirements
o Interviewing customers seeking loans;
o Collecting and analyzing financial and related data to determine general creditworthiness;
o Rejecting or approving loans and terms within officers’ limits and established Bank policies;
o Monitoring loan repayment activities and taking necessary action to collect from past-due accounts; and
o Handling consumer/installment loans as needed.
Proficiencies
Education and Experience
• Bachelor’s degree in Business Administration or equivalent education/experience.
• Four (4) to five (5) years of lending experience.
• Possess a valid driver’s license.
• Must be bondable.
COMPANY BENEFITS
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