Commercial Lender

United Bank NWA; Bentonville (AR); On-site; USD 65,000 - 95,000; Full time

Job summary

United Bank NWA in Bentonville, AR seeks a full-time Lending professional to analyze loan requests, originate and service commercial and consumer loans, and ensure compliant, timely documentation. You will interact with customers to assess financing options, monitor portfolios, and promote bank services.

The role requires three years of commercial lending experience, strong regulatory knowledge, and the ability to work in a fast-paced environment while maintaining attention to detail.

Qualifications

• Advanced knowledge of small business, commercial and consumer banking products and services.
• Advanced knowledge of federal and state banking regulations.
• Ability to work in a fast-paced, deadline-driven environment.
• Ability to multi-task and manage time effectively.
• Strong initiative and independent decision-making ability.
• Experience making presentations to individuals and groups.
• Organizational and time management skills.

Responsibilities

• Analyze loan applications and determine terms within lending authority.
• Originate and service commercial and consumer loans, secured and unsecured.
• Ensure loan documentation complies with policy and is accurate.
• Prepare credit memoranda detailing borrower strength and loan details.
• Present loans to executives/board for approval as needed.
• Coordinate with loan assistants to complete documents timely and accurately.
• Monitor past-due reports and contact customers to resolve delinquencies.
• Maintain accurate loan pipeline and renew matured loans timely.
• Represent United Bank at events and promote bank products and services.

Skills

Banking knowledge

Regulatory knowledge

Multitasking

Initiative

Decision making

Presentations

Time management

Interpersonal skills

Team player

Company values

Education

High school diploma

Finance/Business degree preferred

Job description

Job Details

Job Location: Bentonville - Bentonville, AR 72712

Position Type: Full Time

Job Shift: Monday - Friday

Job Category: Lending

Summary

Support the companys mission statement, values, and sales goals by establishing new customer relationships and retaining and expanding existing customer relationships. Analyze loan applications, decision loans within the lenders individual lending authority, generate interest income, monitor and service existing loan customers, make credit decisions, collect on loans and market the banks services and products.

Duties

• Compile and analyze data for commercial loan requests; outline loan terms and conditions and inform borrowers of loan commitments; assist borrowers by making appropriate recommendations concerning financing options and financial decisions.
• Originate and service business and individual loans both secured and unsecured.
• Maintain compliance with loan policy, procedures and documentation, including loan package preparation, while properly structuring, underwriting, and pricing.
• Write Credit Memorandum detailing borrower(s) credit strength, details of loan and other necessary information needed for a clear representation of credit package and recommendation for approval.
• Present loans (outside individual lending authority) to President/CEO, CLO, OLC and/or the Board of Directors for approval.
• Work with loan assistant assuring loan documents are completed in a timely manner and accurately; solves problems prior to closing, and attends closing as necessary.
• Monitor past due reports and contact customers to determine solution.
• Maintain accurate pipeline report.
• Renew matured loans in a timely manner.
• Inspect property under construction for draws on construction loans when required.
• Produce quality referrals through regular calls on existing and prospective customers as well as referral sources.
• Attend and participate in community events, volunteer events, and local organizations to represent United Bank and make business contacts.
• Promote and refer United Bank products and services and further establish business relationships when possible.
• Represent United Bank in a positive and professional manner.
• Perform other duties as assigned.

QualificationsSkills, Knowledge, Abilities:

• Advanced knowledge of small business, commercial, and consumer banking products and services.
• Advanced knowledge of federal and state regulations affecting banking functions.
• Work well in a fast paced, deadline driven environment.
• Ability to multi-task.
• Show strong initiative.
• Ability to make independent decisions.
• Ability to make one-on-one and group presentations.
• Advanced organizational and time management skills.
• Interpersonal skills to communicate with customers, vendors, and colleagues in a courteous and professional manner at all times.
• Strong desire to work in a team environment and support the Bank with a positive attitude.
• Foster a culture consistent with our core values of Do the Right Thing, Respect, Positivity, Innovation, Teamwork and Accountability.

Education:

• High school diploma or equivalent
• College degree in Finance, Business, or a related field is preferred.

Experience:

• Three years commercial lending experience is required
• Lending experience in banking and in northwest Arkansas preferred

Certificates, Licenses, Registrations

• Must be abide by all SAFE Act requirements, including registration

Physical Demands and Work Environment:

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical demands: In the work environments described below, position requires sitting at desk/workstation and utilizing a computer and telephone for prolonged periods of time, good eye/hand coordination, verbal and written conversation with others, walking, standing, lifting/carrying (up to 20 lbs). Vision abilities required by the job include close vision.

Work Environment: Work will be performed in an office environment. The noise level in the work environment is usually low to moderate.