Commercial Lender

The First National Bank & Trust; Tuttle (AR); On-site; USD 80,000 - 110,000; Full time

Job summary

Brooks Bank in Oklahoma seeks a Commercial Lender to evaluate and process loan applications for commercial clients, analyzing a business's financial health to structure loan packages that fit both client needs and bank policy.

The role requires strong customer relations, active listening, and the ability to advise on suitable products while complying with federal regulations; travel within the bank footprint is expected to support growth of the loan portfolio.

Qualifications

• Bachelor's degree in Accounting, Business, Finance or a related field is preferred
• Minimum of five years of commercial lending experience is required
• Graduate Banking School or Intermediate Banking School certification is preferred but not required
• Demonstrated working knowledge of underwriting principles, including cash flow, debt service coverage, and loan-to-value ratios
• Must be willing to participate in community and bank events
• Outside business development efforts are required
• Excellent verbal and written communication skills; able to present information professionally and clearly
• Careful attention to detail and strong organizational skills
• Strong work ethic and high integrity

Responsibilities

• Knowledge and understanding of the requirements and restrictions of each commercial loan program offered by the bank
• Remain in regular communication with applicants throughout application and document collection, underwriting, closing, and beyond
• Bank product knowledge required to effectively offer deposit products and other banking services
• Active participation in business development by analyzing potential loan markets, developing referral networks to identify prospects, and contacting and/or visiting potential customers and current customers
• Approve loans within specified limits and refer loan applications outside those limits to the internal loan committee for review/approval
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans
• Explain to customers loan and credit options as well as the terms of those services
• Review loan agreements to ensure that they are complete and accurate according to policy
• Ensure each loan submitted has the required documents and signatures to reduce the possibility of loss and assist in efficient loan processing and reduction of exceptions
• Submit applications to credit analysts for verification and recommendation when necessary
• Handle customer complaints and take appropriate action to resolve them
• Negotiate payment arrangements with customers who have delinquent loans.
• Maximize profitability through fee income, including referrals for all other retail products, including trust, fixed rate mortgages, cash management and merchant programs.

Skills

Excellent verbal communication

Excellent written communication

Customer relations

Active listening

Strong work ethic

High integrity

Education

Bachelor's degree in Accounting, Business, Finance or related field

Graduate Banking School or Intermediate Banking School

Job description

Job Details

Job Location: Tuttle - Tuttle, OK 73089

Position Type: Full Time

About Us

Brooks Bank is a leading financial institution with corporate offices in Chickasha, OK and bank locations in the surrounding area. For more than 130 years, the bank has remained a strong and faithful community partner with expertise in a full range of banking services. We are excited for the future and our continued commitment to the bank's mission.

Job Summary

The Commercial Lender will facilitate business financing by evaluating and processing loan applications for commercial clients. This role requires a thorough analysis of a business's financial health to structure loan packages that align with both the customer's needs and the bank's policies. This position plays a key role in helping businesses secure capital for growth and operations. The ideal lender will possess excellent customer relations and active listening skills to assist in identifying and advising on applicable products to fit applicant needs. In this role, the incumbent will adhere to federal regulations and will establish goals for long-term portfolio growth.

Essential Functions

• Knowledge and understanding of the requirements and restrictions of each commercial loan program offered by the bank
• Remain in regular communication with applicants throughout the process of application and document collection, underwriting, closing, and beyond
• Bank product knowledge required to effectively offer deposit products and other banking services
• Active participation in business development by analyzing potential loan markets, developing referral networks to identify prospects, and contacting and/or visiting potential customers and current customers
• Approve loans within specified limits and refer loan applications outside those limits to the internal loan committee for review/approval
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans
• Explain to customers loan and credit options as well as the terms of those services
• Review loan agreements to ensure that they are complete and accurate according to policy
• Ensure each loan submitted has the required documents and signatures to reduce the possibility of loss and assist in efficient loan processing and reduction of exceptions
• Submit applications to credit analysts for verification and recommendation when necessary
• Handle customer complaints and take appropriate action to resolve them
• Negotiate payment arrangements with customers who have delinquent loans.
• Maximize profitability through fee income, including referrals for all other retail products, including trust, fixed rate mortgages, cash management and merchant programs.

This list includes the current primary responsibilities of this position. It is not intended to be all-inclusive and is subject to change, as needed, for the purpose of operational efficiency.

Qualifications

Position Requirements

• Bachelor's degree in Accounting, Business, Finance or a related field is preferred
• Minimum of five years of commercial lending experience is required
• Graduate Banking School or Intermediate Banking School certification is preferred but not required
• Demonstrated working knowledge of underwriting principles, with an understanding of cash flow, debt service coverage, and loan-to-value ratios, as well as how these metrics influence a borrower's capacity to repay a loan
• Must be willing to participate in community and bank events
• Outside business development efforts are required
• Excellent verbal and written communication skills; able to present information professionally and clearly
• Careful attention to detail and strong organizational skills
• Strong work ethic and high integrity

Other Requirements

Must reside in Oklahoma and pass a background and credit check Regular travel within the bank footprint and surrounding area is necessary for success in this position