Commercial Lending Leader: Grow Portfolios & Relationships

Morton Community Bank; Bloomington (IL); On-site; USD 90,000 - 183,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Short-Term Disability

HSA

FSA

401k

Life and AD&D Insurance

Long-Term Disability

Vacation Days

Personal Days

Paid Holidays

Job summary

Morton Community Bank in Bloomington, IL is hiring for a Commercial Loan Officer to develop, maintain, and grow a commercial loan portfolio. You will interview applicants, analyze credit, and structure loan requests while adhering to bank policies and lending standards.

The role involves soliciting new business, delivering deposit and cash management solutions, and cross-selling banking products to meet client capital needs.

Qualifications

• Interview applicants to obtain information for loan applications
• Explain loan products and terms to customers
• Analyze applicants’ financial status, credit histories and collateral
• Structure, underwrite and present loan requests per internal policies
• Develop and maintain client relationships and cross-sell banking products

Responsibilities

• Meet with applicants to obtain information for loan applications and to answer questions about the process
• Explain to customers the different loan and credit products that are available, as well as the terms of those services
• Obtain and compile copies of loan applicants’ credit histories, corporate financial statements and other financial information
• Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans
• Structuring, underwriting and presenting loan requests in accordance with internal policies and procedures
• Responding to customer information requests or inquiries involving commercial loans
• Review and update credit and loan files
• Review loan documents to ensure they are complete and accurate according to policy and prepare and organize loan documents for closing
• Adhere to credit policies, credit lines, procedures and standards in conjunction with senior managers
• Service existing customers and enhance relationship by cross selling business and personal products
• Service delinquent accounts by documenting and following Bank policies for collection
• Maintain orderly and complete financial reporting and documentation for all customers
• Develop referral relationships to proactively solicit business and conduct sales-related activities to meet specific loan volume origination goals
• Involvement in local community through clubs, luncheons, business organizations, etc. and developing relationships with local government and business leaders of community
• Maintain and update calling program in effort to attract new business opportunities

Skills

Financial analysis

Credit underwriting

Customer service

Cross-selling

Education

High school diploma or equivalent

Bachelor’s degree from a four-year university

BAI/BSA training

Overview course provided by MCB

Tools

Banking software

Job description

Morton Community Bank in Bloomington, IL is hiring for a Commercial Loan Officer to develop, maintain, and grow a commercial loan portfolio. You will interview applicants, analyze credit, and structure loan requests while adhering to bank policies and lending standards.

The role involves soliciting new business, delivering deposit and cash management solutions, and cross-selling banking products to meet client capital needs.