Commercial Lender

Minnbankers; Plymouth (MN); Hybrid; USD 90,000 - 125,000; Full time

Job summary

Center Bank in Plymouth, MN is seeking a Commercial Lender to develop new business, underwrite, structure, and close commercial loans while servicing an active loan portfolio. The role represents the bank in the market and involves community engagement to strengthen relationships with clients and professionals.

Requirements include 3+ years in commercial lending, a Bachelor's in Business or related field, and strong communication skills.

Qualifications

• Minimum of 3 years' experience in Commercial Lending.
• Bachelor's Degree in Business or related area.
• Ability to generate $4-$6 million in new loan growth annually.
• Strong written and verbal communication skills.
• Proficiency in Microsoft Office.
• Ability to read, analyze, and interpret policies, contracts, credit, financial, and legal documents.

Responsibilities

• Interview applicants to determine loan requirements and gather pertinent information for loan applications.
• Conduct initial analysis of applicant's financial status, credit, and assets to determine feasibility of granting loan.
• Listen and ask questions to understand the applicant's business and determine proper loan structure.
• Structure loans within loan policy; approve loans within specified limits or champion opportunities to the credit department and/or Committee for 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 positive working relationships 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.

Education

Bachelor's Degree in Business

Credit training/experience

Tools

Microsoft Office

Loan origination software

Job description

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.

Commercial Lender

Center Bank

115705 37th Ave N, Plymouth, MN 55446

Job Description

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 gather pertinent information for loan applications.
• Conduct initial analysis of applicant's financial status, credit, and assets to determine feasibility of granting loan; work with the Credit Analyst Department to prepare financial analysis and credit display.
• Listen and ask questions to understand the applicant's business and determine proper loan structure.
• Structure loans within loan policy; approve loans within specified limits or champion opportunities to the credit department and/or Committee for 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 positive working relationships 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.
• Use experience and sound judgment to plan and accomplish goals.

Education & Experience

• Minimum of 3 years' experience in Commercial Lending, with preference for experience within service area. Credit training/experience required.
• Bachelor's Degree in Business or related area.
• Ability to present, sell and service bank products and demonstrate professional knowledge of commercial lending.
• Ability to generate $4-$6 million in new loan growth annually.
• Good judgment, problem-solving, accuracy, focus and timeliness with limited supervision.
• Strong written and verbal communication skills; proficiency in Microsoft Office.
• Ability to read, analyze, and interpret policies, contracts, credit, financial, and legal documents.
• Strong analytical and mathematical capabilities; understanding of credit underwriting and loan documentation.

About Us

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.