Commercial and Private Banking Officer

Resource Bank (Louisiana); Metairie (LA); On-site; USD 75,000 - 110,000; Full time

Job summary

Resource Bank (Louisiana) seeks a Commercial & Private Banking professional to generate new relationships and evaluate loan and deposit opportunities. You will advise borrowers on financial matters, and guide loan approvals within policy.

The role involves analyzing financial data, building client portfolios, and collaborating with loan committees to finalize terms. Bachelor's degree or 4+ years of experience required; strong numeric skills and knowledge of banking products preferred.

Qualifications

• Bachelor's degree or 4+ years related experience required.
• Strong knowledge of financial statements, banking products, and loan underwriting.
• Understanding of economic and accounting principles and financial markets.

Responsibilities

• Meet with applicants to obtain information for loan applications and deposit needs.
• Analyze financial status, credit, and property evaluations to determine loan feasibility.
• Obtain and compile loan applicants' credit histories and financial information.
• Explain loan and deposit options and terms to customers.
• Ensure loan agreements are complete and accurate per policy.
• Compute payment schedules and approve loans within limits.
• Refer loans to loan committee for approval.
• Develop prospects by analyzing potential loan markets.
• Negotiate payment arrangements for delinquent loans.

Skills

Credit analysis

Financial analysis

Customer service

Negotiation

Relationship building

Education

Bachelor's degree / four-year college or university

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