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)
The Commercial Loan Officer is responsible for developing and managing the commercial loan portfolio. As part of a team, this lending position will be responsible for sourcing new relationships and growing the loan and deposit portfolio of the Business Services Department.
In addition to lending responsibilities, the Commercial Loan Officer will assist the members when needed in opening, closing, and maintaining commercial accounts; closing commercial loans, and maintaining proper documentation and reviews of commercial loans.
The Commercial Loan Officer will also support and assist the Business Services Specialist in the daily operations of the commercial loan department including interacting with commercial members with their deposit and loan requests; assisting in preparing, presenting, closing, and monitoring commercial loan requests and developing and maintaining business loan service relationships to help support loan operations.
With support from Business Development, this position will also be responsible for contacting businesses and corporations to determine the need for business services and loans within their operations.
Responsibilities
Qualifications
Compensation
$70,000 at plan commission
Job Type: Full-time
Pay: $70,000.00 - $80,000.00 per year
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Work Location: In person