Commercial Lender

The Agency Recruiting; Mauston (WI); On-site; USD 60,000 - 80,000; Full time

Job summary

A financial services company in Wisconsin is seeking a Commercial Lender responsible for developing new business, underwriting and servicing commercial loans. The ideal candidate has 2+ years of experience in commercial lending and a bachelor’s degree in business administration. Strong communication skills and proficiency in Microsoft Office are required. This role involves managing a loan portfolio and participating in community events.

Qualifications

• Minimum of 2 years’ experience in Commercial Lending.
• Ability to generate $3-5 million in new loan growth.

Responsibilities

• Interview applicants to determine loan requirements.
• Analyze applicant’s financial status and credit.
• Structure loans within loan policy.
• Maintain a positive working relationship with customers.

Skills

Judgment in relationships

Problem-solving

Written and verbal communication

Proficiency in Microsoft Office Suite

Analytical and mathematical capabilities

Education

Bachelor’s Degree in Business Administration or related area

Job description

Overview

Job Description: Commercial Lender

Summary: Responsible for developing new business, underwriting, structuring and closing of commercial loans, as well as maintaining and servicing a commercial loan portfolio. Represent the bank in its market area through active participation in community affairs.

Role and Responsibilities

• Interviews applicants to determine loan requirements and gathers pertinent information for loan applications.
• Requests applicant credit reports, background checks, reference checks and other information pertinent to loan applicant’s evaluation.
• Analyzes applicant’s financial status, credit, and asset evaluation to determine feasibility of granting loan, establishes credit limit through written and/or oral assessment.
• Resolves uncertainties relating to customer application information through inquiries with applicant or creditors.
• Structure loans within loan policy. Approves loan within specified limits or champions loan opportunities to the credit department and/or Committee for proper approval.
• Prepares financing proposals consistent with approval for presentation to the applicant.
• Reviews loan documentation prior to closing for completeness and acceptance by the applicant.
• Ensures timely loan closing and funding activities.
• Maintains a positive working relationship with customers, bank staff, local professionals, centers of influence, and community organizations.
• Participate in community and professional organizations and events.
• Manage loan portfolio including renewals, modifications, updated credit analysis, collections, and portfolio monitoring.
• Uses experience and sound judgment to plan and accomplish goals.

Qualifications and Education

• Minimum of 2 years’ experience in Commercial Lending
• Bachelor’s Degree in Business Administration or related area.
• Ability to generate $3-5 million in new loan growth.

Skills Required

• Applicant should be able to exercise good judgment in establishing and maintaining working relationships, solve problems, and be able to deliver a high level of accuracy, focus and timeliness with limited supervision.
• Strong written and verbal communication skills are required along with a proficiency in Microsoft Office Suite of Programs/Products.
• Must have the ability to read, analyze, and interpret policies, contracts, credit and financial documents as well as other legal documents as needed.
• Ability to present, sell and service bank products as well as demonstrate professional knowledge of commercial lending.
• Strong analytical and mathematical capabilities as well as an understanding of credit underwriting and loan documentation.