Commercial Banking Executive

Burke & Herbert Bank & Trust; Wrights Wharf (MD); On-site; USD 90,000 - 190,000; Full time

Job summary

Burke & Herbert Bank & Trust is seeking a Commercial Banking Executive based in Preston, MD. The role reports to the Regional President and involves presenting loans to the Loan Committee and Board of Directors while coordinating with various bank departments.

Key duties include developing new customer prospects, participating in market events, analyzing credit histories, negotiating terms, and maintaining competitive loan pricing in line with policy and market rates. Travel may be required.

Qualifications

• Knowledge of loan systems and ability to obtain loan documents.
• Ability to cross-sell and promote bank products.
• Follows a structured calling system to meet goals.

Responsibilities

• Develops new customer prospects and business for the bank.
• Participates in market events for brand awareness.
• Analyzes credit histories and loan repayment capabilities.
• Negotiates loan terms and collateral specifications.
• Maintains interest rate structure consistent with policy and market rates.
• Evaluates loan requests and makes recommendations to Credit Department & Loan Committee.
• Reviews laws and regulations affecting business lending and advises management.
• Participates in training as required.
• Other duties as assigned.

Skills

Loan systems

Cross-selling

Structured calling system

Education

Bachelor’s degree in business/finance

8+ years in finance/loan dept

Commercial lending knowledge

Job description

Commercial Banking Executive

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Preston, MD, US

30+ days ago Requisition ID: 2384

TITLE

Commercial Banking Executive

CLASSIFICATION

Exempt

REPORTS TO

Regional President

JOB DESCRIPTION

Summary/Objective

The Commercial Banking Executive will work with all bank staff including other Commercial Banking Executives, Commercial Relationship Representatives, Branch Managers, Retail Branch Staff, Commercial Banking Administrators, Loan Processing, and Debt Management departments. The Commercial Banking Executive will work with and present loans to the Loan Committee and Board of Directors and will report to a direct supervisor.

Essential Functions

• Develops new customer prospects and business for the financial institution.
• Actively participate in market events for brand awareness.
• Analyzes the credit history of applicants and determines their loan repayment capabilities.
• Negotiates credit terms, such as costs, loan repayment methods, and collateral specifications.
• Develops and maintains interest rate structure, with assistance of management or Loan Committee, to be consistent with Bank policies and procedures, and to be competitive with current market rate.
• Evaluates potential customer loan requests and makes loan recommendations to the Credit Department & Loan Committee.
• Reviews new laws and regulations that influence business lending within the financial institution and makes recommendations to management when necessary.
• Participates in training when required for the position.
• Other duties as assigned.

Skills/Abilities

• Maintain working knowledge of loan systems-how to create and/or obtain loan documents through the loan system.
• Cross-sell and promote other bank products to customers.
• Follow structured calling system as set by the supervisor based on expectations and/or goals.

Education and Experience

• Bachelor’s degree in business, Finance, or related field preferred.
• Eight years’ experience in a financial institution or loan department preferred.
• Knowledge of commercial real estate and commercial non-real estate lending policies and procedures preferred.
• Knowledge of lending services, cash management services, and related areas preferred.
• Good managerial, collaboration, communication, organization, and sales skills preferred.

Supervisory Responsibility

This position has no supervisory responsibilities.

This job operates in a fast-paced clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

Physical Demands

This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary.

Travel

Travel may be required for this position.

For Applicants located in Preston, Maryland (MD)

The anticipated salary range for this position is $90,000–$190,000 annually.

The ranges listed for Maryland represent the good-faith compensation the Company reasonably expects to pay for the position at the time of posting. Actual compensation will be determined based on factors including, but not limited to, the candidate's skills, qualifications, experience, education, certifications, internal equity, and business needs. This position may also be eligible for additional compensation, such as bonuses or incentive pay, where applicable.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.