Vice President, Commercial Loan Officer

LAKE ELMO BANK; Lake Elmo (MN); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Employee Stock Ownership Plan

Paid time off

Job summary

Lake Elmo Bank is seeking a Senior Lending Officer in Lake Elmo, MN to lead commercial lending initiatives and manage client relationships. The role requires expertise in sourcing, structuring, analyzing and closing multi-million dollar facilities.

You will work with CRE, C&I, IRE and AD&C lending, ensure regulatory compliance, and contribute to the bank's growth with strategic deal structuring and SBA program experience.

Qualifications

• Proven ability to source, structure, analyze, negotiate and close multi-million dollar credit facilities and generate new business of $10-15 million annually.
• Ability to toggle between CRE, C&I, IRE and AD&C lending.
• Proven client relationship and portfolio management skills.
• Experience closing loans under the SBA's 504 and 7a lending programs.
• History of compliance with the various regulations pertaining to commercial loans.

Skills

Credit facilities negotiation

Deal structuring

Portfolio management

Regulatory compliance

SBA 504/7a expertise

Education

Bachelor's degree in accounting, finance, business administration or related field

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Lake Elmo Full-time Regular Lake Elmo, MN, US

3 days ago Requisition ID: 1096

Salary Range: $110,000.00 To $170,000.00 Annually

Type

Full -Time Salaried Exempt; (not eligible for overtime)

Reports to

Senior Vice President, Chief Lending Officer

Education and Experience

• Bachelor's degree in accounting, finance, business administration or related field is preferred.
• 5-10 years of progressive experience in commercial lending.

Knowledge, Skills and Abilities

• Proven ability to source, structure, analyze, negotiate and close multi-million dollar credit facilities and generate new business of $10-15 million annually.
• Ability to toggle between CRE, C&I, IRE and AD&C lending.
• Proven client relationship and portfolio management skills.
• Experience closing loans under the SBA's 504 and 7a lending programs.
• History of compliance with the various regulations pertaining to commercial loans.

Benefits and Salary Information

Medical, Dental, Vision; Bank paid Life Insurance, Short Term Disability and Long Term Disability; Float time, vacation and sick time; 401(k); Employee Stock Ownership Plan. The salary range for this position is $110,000-$170,000 per year depending on qualifications.

Lake Elmo Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodation is available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact the human resources department.

About Our Organization

Lake Elmo Bank was chartered on August 1, 1911 and has built its tradition on a personal approach to banking. We get to know our customers so that we understand each customer's unique needs with the intent of building long-term financial relationships. This goal has been the foundation of our business for over 100 years.

Today, with assets over 500 million dollars, Lake Elmo Bank is among the larger community banks in the State of Minnesota. Because of its unique history and the bank's commitment to community service, Lake Elmo Bank has successfully served the residents and businesses of the east metro area with a continued commitment to its tradition of service. Lake Elmo Bank has been voted "Best Bank" for more than 10 years by the Stillwater Gazette Readers' Choice Awards.