Commercial Lender

Center Bank; Plymouth (MN); On-site; USD 70,000 - 110,000; Full time

Job summary

Center Bank is seeking a Commercial Loan Officer to develop new business, underwrite, structure, and close commercial loans while maintaining a loan portfolio. The role emphasizes local market activity and community engagement in Minnesota.

Ideal candidates have 3+ years in commercial lending, a business degree, and strong analytical/communicational skills to deliver accurate credit analyses and solid loan proposals.

Qualifications

• Minimum 3 years’ experience in Commercial Lending.
• Bachelor’s Degree in Business or related field.
• Ability to present, sell and service bank products with professional lending knowledge.
• Ability to generate $4–$6 million in new loan growth annually.
• Strong written and verbal communication with accuracy and timeliness.

Responsibilities

• Interview applicants to determine loan requirements and gather pertinent information.
• Conduct initial analysis of applicant's financial status, credit, and asset evaluation.
• Determine proper loan structure by listening and asking questions.
• Structure loans within policy and seek approvals as needed.
• Prepare financing proposals for presentation to applicants.
• Review loan documentation prior to closing for completeness.
• Ensure timely loan closing and funding activities.
• Maintain positive relationships with customers, staff, professionals, and community organizations.
• Participate in community and professional events.
• Manage loan portfolio including renewals, modifications, and monitoring.

Skills

Credit analysis

Financial analysis

Analytical thinking

Interpersonal skills

Communication skills

Microsoft Office

Education

Bachelor's Degree in Business

Tools

Microsoft Office Suite

Job description

Center Bank is a family-owned and woman-owned community-oriented bank proudly serving the communities of Litchfield, Plymouth and Chaska, Minnesota. At Center Bank, local decision-making, lasting partnerships and legendary service are the center of who we are. We take pride in our empowered, experienced, and tenured team working at Center Bank and are looking to add a marketing manager.

Summary

The Commercial Loan Officer is responsible for developing new business, underwriting, structuring and closing of commercial loans, as well as maintaining and servicing a commercial loan portfolio. This position will represent the bank in its market area through active participation in community affairs.

Primary Responsibilities

• Interview applicants to determine loan requirements and gathers pertinent information for loan applications.
• Conduct initial analysis of applicant's financial status, credit, and asset evaluation to determine feasibility of granting loan. Work with Credit Analyst Department to prepare financial analysis and credit display.
• Ability to listen and ask questions of applicants to understand the applicant's business and determine proper loan structure.
• Structure loans within loan policy. Approves loan within specified limits or champions loan opportunities to the credit department and/or Committee for proper approval.
• Prepare financing proposals consistent with approval for presentation to the applicant.
• Review loan documentation prior to closing for completeness and acceptance by the applicant.
• Ensure timely loan closing and funding activities.
• Maintain a positive working relationship with customers, bank staff, local professionals, centers of influence, and community organizations.
• Actively 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.

Education & Experience

• Minimum of 3 years’ experience in Commercial Lending, with a preference for existing experience within service area. Credit training/experience required.
• Bachelor’s Degree in Business or related area.
• Ability to present, sell and service bank products as well as demonstrate professional knowledge of commercial lending.
• Ability to generate $4-$6 million in new loan growth annually.
• 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.
• Strong analytical and mathematical capabilities as well as an understanding of credit underwriting and loan documentation.