Business Banker

The Poca Valley Bank, Inc.; Winfield (WV); On-site; USD 55,000 - 85,000; Full time

Job summary

The Poca Valley Bank, Inc. is seeking a qualified professional to manage an assigned commercial loan portfolio and conduct due diligence on borrower information.

You will gather financial data, analyze credit risk, and support credit approvals for larger transactions. Responsibilities include reviewing financial statements, communicating with managers, and developing new business while maintaining regulatory compliance.

Qualifications

• Responsible for managing an assigned commercial loan portfolio.
• Performs due diligence to verify information provided by customer and loan application.
• Gathers information about customer relationship and related credit exposures.
• Gathers background information on assigned clients from multiple sources.
• Gains understanding of the borrower's industry.
• Gathers and evaluates financial statements, balance sheets and tax returns to determine ability to pay.
• Works with manager and credit administration on analysis.
• Assists with credit approval presentations to Executive Loan Committee and Board when loan value exceeds authority.
• Assists with credit file review and annual review of loans; monitors existing credits.
• Reviews new laws and regulations that influence business lending.
• Assist in correction of loan deficiencies cited by examiners.
• Develops new customer prospects and business for the financial institution.
• May participate in customer calls with other lenders.
• Responsible for deepening customer relationships through understanding full account relationships and sales calls.
• Attend and/or complete assigned training.
• Comprehensive knowledge of banking and lending concepts, practices and policies.
• Ability to analyze information and make timely, sound decisions.
• Highly organized.
• Strong service and team orientation.
• Proficient in Excel and Microsoft Word to produce documents and compile information.
• Strong communication and interpersonal skills.
• Complies with requirements imposed by federal and state regulatory agencies.
• Respond to the needs and priorities of the customer; establish effective working relationships.

Responsibilities

• Manage an assigned commercial loan portfolio and monitor credit quality and profitability.
• Perform due diligence to verify information from customers and loan applications.
• Gather relationship and credit exposure data for borrowers.
• Analyze borrower's industry and financial statements to assess repayment ability.
• Present credit analyses to executives when authority is exceeded.
• Assist with reviews and annual loan reviews; monitor existing credits.
• Stay updated on banking laws and lending regulations.
• Identify and correct loan deficiencies cited by examiners.
• Develop new customer prospects and deepen existing customer relationships.
• Support calls with other lenders and participate in training.
• Maintain strong service orientation and teamwork.

Job description

• Responsible for managing an assigned commercial loan portfolio. This responsibility includes credit quality, credit approval and profitability of the portfolio.
• Performs due diligence to verify the information provided by customer and contained in the loan application or other information submitted.
  • Gathers information about customer relationship and related credit exposures
  • Utilizes multiple sources to gain background information on assigned clients
  • Gains understanding of the borrower's industry
• Gathers and evaluates business/personal financial statements, balance sheets and tax returns to determine borrower's ability to pay
• Works with manager and credit administration on analyzing of information obtained.
• Assists with credit approval presentations to the Executive Loan Committee and Board of Directors when the proposed loan dollar value exceeds lending authority.
• Assists with credit file review and annual review of loans, and monitors existing credits
• Reviews new laws and regulations that influence business lending within the financial institution.
• Assist in the correction of loan deficiencies cited by examiners.
• Develops new customer prospects and business for the financial institution.
• May participate in customer calls with other lenders
• Responsible for deepening customer relationships with new and existing customers. This will be accomplished through understanding the full account relationship with customers and making sales calls.
• Attend and/or complete any assigned training
• Comprehensive knowledge of banking and lending concepts, practices and policies
• Ability to effectively analyze information and situations to make timely and sound decisions
• Highly organized
• Strong service and team orientation
• Proficient in Excel and Microsoft Word to produce documents and compile information
• Strong communication and interpersonal skills
• Complies with requirements imposed by federal and state regulatory agencies
• Respond to the needs and priorities of the customer, recognize and take appropriate action to meet their needs; establish an effective working relationship with customers to gain their respect and loyalty