Commercial Lender / Corporate Lender

Crescent Search, Inc.; Bossier City (LA); On-site; USD 144,000 - 176,000; Full time

Job summary

Crescent Search, Inc. in Louisiana seeks an experienced Loan Officer to interview applicants, analyze financial data, and determine credit worthiness for commercial and private banking loans. The role focuses on building customer relationships, negotiating terms, and presenting to the Loan Review Committee.

You will monitor repayments, advise on financial matters, ensure compliance with BSA/AML, and develop new business while maintaining confidentiality and professional standards.

Qualifications

• College degree in Business Administration, Finance, Accounting or related area with five years lending experience including management training.
• Five years of experience at operating a personal computer including Microsoft Word and Excel software.
• Requires successful registration with, and issuance of a unique identification number from, the Nationwide Mortgage Licensing System (NMLS) in compliance with the SAFE Act.

Responsibilities

• Establishes, and negotiates where necessary, terms under which credit will be extended, including the costs, repayment method, and schedule and collateral requirements.
• Approves loans with a legal loan limit according to Bank policy. In general, handles the more complex and substantial department loans.
• Collects and analyzes information reflecting current credit worthiness of customers and current merits of existing loans.
• Monitors loan repayment activities and takes necessary action to collect from past-due accounts.
• Advises customers concerning business management and financial matters.
• Develops new business by contacting prospects and customers, cross-sells bank services.
• Develops material for loan presentations to the Loan Review Committee.
• Adherence to and support of all compliance and BSA/AML rules and regulations related to this job function.
• Promotes the bank in the community.
• Participates in community affairs to increase the Bank's visibility and to enhance new business opportunities.
• Maintains awareness of economic conditions and planned developments within service area that could affect profitability.
• Undertakes special projects relating to departmental services as assigned by the senior officer.

Skills

Analytical skills

Lending knowledge

Confidentiality

Communication skills

Management and supervisory skills

Education

College degree in Business Administration, Finance, Accounting or related area

NMLS registration (S.A.F.E. Act)

Tools

LaserPro software

Job description

Develops new and maintains existing customer relationships by calling on businesses, professional groups, high net worth individuals and existing customers. Solicits new deposit and loan business and referrals that meet established lending requirements and provide maximum profitability to the bank at minimum risk. Attends to the needs of customers seeking commercial and private banking loans. Maintains loan portfolio, building relationships, ensures customer satisfaction, timely follow-up on renewals and delinquencies. Maintains customer confidence by keeping information confidential.

About the Role

Interviews loan applicants, and collects and analyzes financial and related data to determine the general credit worthiness of the prospect and the merits of the specific loan request.

Responsibilities

• Establishes, and negotiates where necessary, terms under which credit will be extended, including the costs, repayment method, and schedule and collateral requirements.
• Approves loans with a legal loan limit according to Bank policy. In general, handles the more complex and substantial department loans.
• Collects and analyzes information that reflects the current credit worthiness of customers and the current merits of existing loans. May obtain information through direct inspection of the applicant's business and/or collateral, review of interim financial reports, personal interview, and other means.
• Monitors loan repayment activities and takes necessary action to collect from past-due accounts.
• Advises customers, where possible, concerning business management and financial matters.
• Develops new business by contacting prospects and customers, cross-sells bank services.
• Develops material for and makes loan presentations to the Loan Review Committee.
• Adherence to and support of all compliance and BSA/AML rules and regulations related to this job function.
• Performs other duties that may be assigned by Management.
• Promotes the bank in the community.
• Participates in community affairs to increase the Bank's visibility and to enhance new business opportunities.
• Maintains an awareness of economic conditions and planned developments within his/her service area that could affect the overall profitability.
• Undertakes special projects relating to departmental services as assigned by the senior officer.

Qualifications

College degree in Business Administration, Finance, Accounting or related area with five years lending experience with management training and bank related courses. Five years of experience at operating a personal computer including Microsoft Word and Excel software. Requires successful registration with, and issuance of a unique identification number from, the Nationwide Mortgage Licensing System (NMLS) in compliance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act).

Required Skills

• Possess a high level of analytical skills to assess and evaluate the operation of subordinate areas of responsibility, participates in establishing financial goals, analyzes new products, and reviews legal opinions, monitors economic conditions and drafts operational reports to the Board of Directors.
• Broad knowledge of the lending function.
• Maintain a high level of company and customer confidentiality.
• Must have knowledge of operating laser-pro software and familiar with laser-pro documents.
• Must possess excellent communication skills, human relation skills and organizational skills.
• Must possess management and supervisory skills.

Preferred Skills

Work schedule will vary depending upon demand, but will consist of an 8-hour shift between the hours of 7:45 a.m. – 6:30 p.m., Monday through Friday. Schedule may require representing the company after hours at related functions, customer calls or training. Regular attendance is required.

Pay range and compensation package

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to stand; walk; sit; use of hands and fingers to feel or handle equipment and files; reach with hands and arms; and talk and hear. The employee is occasionally required to climb or balance and stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and ability to adjust focus.

Salary starts at $160,000 for well-qualified team members + bonus.

Range of Bonus: 10%-20% Base Compensation

Existing Range of Commercial Portfolio: $25Million-$50Million