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Commercial Lender in Cincinnati, Ohio at Vaco

Date Posted: 5/20/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    At least 5 year(s)
  • Date Posted:
    5/20/2019
  • Job ID:
    COMME99787

Job Description

Job Description: Commercial Lender

Summary:

Responsible for developing new business, underwriting, structuring and closing of commercial loans, as well as maintaining and servicing a commercial loan portfolio. Represent the bank in its market area through active participation in community affairs.

Role and Responsibilities:

* Interviews applicants to determine loan requirements and gathers pertinent information for loan applications.

* Requests applicant credit reports, background checks, reference checks and other information pertinent to loan applicant's evaluation.

* Analyzes applicant's financial status, credit, and asset evaluation to determine feasibility of granting loan, establishes credit limit through written and/or oral assessment.

* Resolves uncertainties relating to customer application information through inquiries with applicant or creditors.

* Structure loans within loan policy. Approves loan within specified limits or champions loan opportunities to the credit department and/or Committee for proper approval.

* Prepares financing proposals consistent with approval for presentation to the applicant.

* Reviews loan documentation prior to closing for completeness and acceptance by the applicant.

* Ensures timely loan closing and funding activities.

* Maintains a positive working relationship with customers, bank staff, local professionals, centers of influence, and community organizations.

* Participate in community and professional organizations and events.

* Manage loan portfolio including renewals, modifications, updated credit analysis, collections, and portfolio monitoring.

* Uses experience and sound judgment to plan and accomplish goals.

Qualifications and Education Requirement:

* Minimum of 5 years' experience in Commercial Lending, with a preference for existing experience within service area. Credit training.

* Bachelor's Degree in Business Administration or related area.

* Ability to generate $8-12 million in new loan growth.

Skills Required:

* Applicant should be able to exercise good judgment in establishing and maintaining working relationships, solve problems, and be able to deliver a high level of accuracy, focus and timeliness with limited supervision.

* Strong written and verbal communication skills are required along with a proficiency in Microsoft Office Suite of Programs/Products.

* Must have the ability to read, analyze, and interpret policies, contracts, credit and financial documents as well as other legal documents as needed.

* Ability to present, sell and service bank products as well as demonstrate professional knowledge of commercial lending.

* Strong analytical and mathematical capabilities as well as an understanding of credit underwriting and loan documentation.