Description:
The position of Commercial Banker is responsible for identifying a target market for new business and subsequently developing and establishing a book of new business from those relationships. The position is responsible for the negotiating, underwriting, and coordinating the closing of a variety of major and complex equipment, SBA, commercial building, and business loans in compliance with the Bank’s lending policies and procedures; develops business checking and deposit relationships with customers.
- Compiles and analyzes market research data to develop recommendations regarding products and services focused on needs of target market.
- Engages in business development activities and solicitation of new business based on the target market.
- Calls and visits target customers to promote and sell Bank products and services to establish a new book of business.
- Develops and maintains customer data base including calls and results on all new business relationships. Makes reports to superiors as required.
- Interviews prospective applicants and requests specified information related to loan or credit application; corresponds or re-interviews applicants to resolve questions regarding application information.
- Performs basic pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends.
- Gathers all information necessary to present a financing request to senior management or Loan Committee for approval; meets with new/potential customers; visiting sites of loans; negotiates loan terms and conditions; refers and recommends acceptance to the Chief Credit Officer or Loan Committee.
- Coordinates processing of approved loans; ensures loans are processed according to agreement, customer needs and conform to Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans within the Relationship Manager’s portfolio.
- Maintains a superior knowledge of financial industry status and trends.
- Recommends to senior management those products and services experiencing less than satisfactory performance.
- Represents the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business; assists the Bank in establishing and maintaining market position in the financing arena.
What You'll Need
- Bachelor’s degree from a four-year college or university and eight (*) or more years of related experience and/or training; or a combination of experience and education.
- Work related experience must consist of a basic lending background including negotiating, underwriting, and coordinating the closing of a variety of major and complex consumer, residential, equipment, SBA, commercial building and business loans, relationship development, experience in the financial services industry.
- Educational experience, through in-house training sessions, formal school, or financial industry related curriculum, should be business or financial industry related.
- Intermediate to advanced knowledge of related state and federal banking compliance regulations, and other Bank operational policies.
- Intermediate to advanced knowledge and experience in financial statement and tax return analysis typically resulting from a combination of education in accounting, financial and/or credit analysis or related areas.
- Intermediate knowledge of Bank lending procedures, Bank policies and procedures, and the Bank’s products and services.
- Extensive knowledge in all facets of relationship management.
- Exceptional analytical skills.
- Intermediate skills in word processing and spreadsheet software (i.e., Microsoft Word, Excel, etc.).
- Exceptional oral, written, and interpersonal communication skills
- Exceptional organizational and time management skills.