Commercial Lender

Rhode Island Commerce; Covington (KY); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

401(k) Retirement Plan

Company paid Life Insurance

Paid Bank Holidays

Sick & Personal Time

Accrued Vacation from day one

Job summary

Rhode Island Commerce is seeking an experienced commercial lender in Covington, KY to develop and manage a portfolio of high-quality business loans. You will analyze borrower's financials and structure loan proposals aligned with risk standards.

The role requires 3–5+ years in commercial lending, strong analytical and negotiation skills, and proficiency in MS Office and loan origination tools. Collaborative cross-functional work and community engagement are expected.

Qualifications

• Bachelor’s degree in Finance, Business Administration, Accounting required.
• 3–5+ years of experience in commercial lending or business banking.
• Strong understanding of credit structuring and lending regulations.
• Ability to build relationships and grow the loan portfolio.
• Excellent communication and analytical skills.
• Proficient in Microsoft Office and loan origination software.

Responsibilities

• Develop and maintain a portfolio of high-quality commercial loans through prospecting, networking and relationship management.
• Analyze creditworthiness of borrowers using financial statements, tax returns and other documents.
• Structure, underwrite, and present commercial loan proposals meeting client needs and risk standards.
• Conduct site visits, client interviews and financial reviews as part of due diligence.
• Monitor existing loan portfolios for credit risk, covenant compliance and performance issues.

Skills

Credit analysis

Relationship management

Financial statement analysis

Risk assessment

Negotiation

Communication

Education

Bachelor’s degree in Finance, Business Administration, Accounting

Tools

MS Office

Loan origination software

Credit analysis software

Job description

• Location 3600 Decoursey Ave,Latonia, KY, 41015,United States
• Employee Type Full Time

• Develop and maintain a portfolio of high-quality commercial loans through prospecting, networking, and relationship management.
• Analyze creditworthiness of borrowers using financial statements, tax returns, and other relevant documents.
• Structure, underwrite, and present commercial loan proposals that meet both the client's needs and the institution’s risk management standards.
• Conduct site visits, client interviews, and financial reviews as part of the due diligence process.
• Monitor existing loan portfolio for credit risk, covenant compliance, and performance issues; take proactive steps to mitigate risk.
• Work closely with credit analysts, loan processors, underwriters, and legal/compliance teams to ensure timely loan closings.
• Maintain knowledge of local market trends, economic conditions, and competitor products to inform lending strategies.
• Ensure compliance with all internal policies and external regulations, including lending limits, documentation requirements, and reporting standards.
• Participate in community and business development activities to promote the institution’s presence and attract new commercial clients.
• Conducts daily operation in accordance with the laws, regulation, policies, procedure, and expectations of the Bank. Compliance will be recognized as part of the period performance review; noncompliance may result in disciplinary action, up to and including termination of employment.

Requirements

• Bachelor’s degree in Finance, Business Administration, Accounting, or a related field required.
• 3–5+ years of experience in commercial lending, credit analysis, or business banking within a financial institution.
• Strong understanding of credit structuring, commercial loan products, financial statement analysis, and risk assessment.
• Knowledge of commercial loan regulations and compliance requirements, including SBA lending (preferred but not required).
• Demonstrated ability to build relationships and grow a loan portfolio.
• Excellent communication, negotiation, and analytical skills.
• Proficient in Microsoft Office and loan origination/credit analysis software.

Summary

• 401 (K) Retirement Plan with Company Match
• Company paid Life Insurance for full-time employees.
• Paid Bank Holidays
• Sick & Personal Time
• Accrued Vacation time begin day one.