Commercial and Private Banking Officer

Resource Bank (Louisiana); Baton Rouge (LA); On-site; USD 65,000 - 100,000; Full time

Job summary

Resource Bank in Baton Rouge is seeking a Commercial & Private Banking professional to generate new customer relationships and evaluate, authorize, or recommend approval of commercial real estate and credit loans while advising borrowers on financial matters.

The role involves meeting with applicants, analyzing financials, obtaining credit histories and statements, staying current with loan products, and coordinating with loan committees to ensure policy compliance and timely funding.

Qualifications

• Bachelor’s degree or four or more years related experience and/or training; or equivalent combination of education and experience required.
• Knowledge of numbers, their operations, and interrelationships including arithmetic, algebra, geometry, calculus, statistics, and their application.
• Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

Responsibilities

• Meet with applicants to obtain information for loan applications or deposit account needs and to answer questions about the process.
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
• Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
• Stay abreast of new types of loan and deposit products and other financial services to better meet customers' needs.
• Explain to customers the different types of deposits, loans and credit options that are available, as well as the terms of those services.
• Ensures loan agreements are complete and accurate according to policy.
• Compute payment schedules.
• Approves loan within specified limits.
• Refers loan to loan committee for approval.
• Analyzes potential loan markets to develop prospects for loans.
• Negotiates payment arrangements with customers for delinquent loan balance.

Education

Bachelor’s degree or equivalent

Job description

Position Summary

This position reports to the Senior Commercial & Private Banking Officer/Market Leader, and responsibilities include generating new Commercial & Private Banking customer relationships, evaluating, authorizing, or recommending approval of commercial real estate, or credit loans and deposits and advising borrowers on financial matters.

Position Summary

This position reports to the Senior Commercial & Private Banking Officer/Market Leader, and responsibilities include generating new Commercial & Private Banking customer relationships, evaluating, authorizing, or recommending approval of commercial real estate, or credit loans and deposits and advising borrowers on financial matters.

Essential Functions

• Meet with applicants to obtain information for loan applications or deposit account needs and to answer questions about the process.
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
• Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
• Stay abreast of new types of loan and deposit products and other financial services to better meet customers' needs.
• Explain to customers the different types of deposits, loans and credit options that are available, as well as the terms of those services.
• Ensures loan agreements are complete and accurate according to policy.
• Compute payment schedules.
• Approves loan within specified limits.
• Refers loan to loan committee for approval.
• Analyzes potential loan markets to develop prospects for loans.
• Negotiates payment arrangements with customers for delinquent loan balance.

Experience and Education

Bachelor’s degree from four-year college or university; or four or more years related experience and/or training; or equivalent combination of education and experience required.

Knowledge of numbers, their operations, and interrelationships including arithmetic, algebra, geometry, calculus, statistics, and their application. Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. Knowledge of principles and processes for providing customer and personal services including needs assessment techniques, quality service standards, alternative delivery systems and customer satisfaction evaluation technique.

Resource Bank strives to be the “employer of choice” EEO\Minority\Female\Vets\Disabled