Commercial Loan Officer

Bankwithpremier; Beloit (WI); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Excellent benefits package

Generous PTO starting on day one

401(k) with company contributions

Job summary

A leading financial institution in Beloit is seeking a Commercial Loan Officer to enhance local businesses' growth. The successful candidate will manage a profitable loan portfolio while building robust customer relationships. With five years of experience in commercial lending, excellent financial and analytical skills, and a commitment to ethical practices, you can make a significant community impact. This role offers a competitive salary and an extensive benefits package, including generous paid time off and retirement plans.

Qualifications

• Five years of experience in commercial lending, underwriting, or banking.
• Strong understanding of commercial loan documentation and credit principles.
• Commitment to confidentiality and ethical banking practices.

Responsibilities

• Proactively prospect new business relationships across all areas of the bank.
• Develop and manage a profitable commercial loan portfolio.
• Analyze borrowers’ financial statements to determine creditworthiness.
• Monitor past dues and financial covenant exceptions.
• Maintain consistent contact with customers.

Skills

Relationship-focused

Strong financial skills

Excellent interpersonal skills

Analytical skills

Communication skills

Education

Associate’s degree in Finance, Business Administration, Accounting

Bachelor’s degree in related field

Job description

Overview

At PremierBank, relationships are at the heart of everything we do. As we expand into new markets, we’re looking for a relationship-driven Commercial Loan Officer in the Janesville/Beloit area to join us in helping local businesses grow, strengthening community connections, and building a thriving portfolio of satisfied customers. This is a unique opportunity to be part of our growth story, make a meaningful impact, and shape the future of our presence in these vibrant communities.

Key Responsibilities

• Proactively prospect new business relationships across all areas of the bank through referrals, networking, outreach efforts, and other strategic sources.
• Develop, manage, and service a profitable commercial loan portfolio while maintaining strong credit quality and minimizing risk to the bank and its shareholders.
• Analyze borrowers’ financial statements, credit histories, and collateral to determine creditworthiness; recommend or approve commercial loan requests within lending authority.
• Utilize external programs and resources to mitigate risk and ensure solutions align with the customer’s best interests.
• Identify and initiate cross-selling opportunities by reviewing clients’ full banking relationships and collaborating with internal partners.
• Maintain consistent and meaningful contact with customers through regular meetings and ongoing communication.
• Monitor and resolve past dues, overdrafts, insurance exceptions, and financial covenant exceptions in a timely manner.
• Own credit quality for assigned relationships, including financial analysis, covenant monitoring, and risk grading in accordance with bank policy.
• Remain active in the community and local organizations to strengthen PremierBank’s presence and reputation.
• Demonstrate the ability to grow loan and deposit relationships while maintaining strong asset quality and customer satisfaction.

Requirements

Ideal Candidates will be relationship focused with a drive for success. In addition, candidates must also possess:

• Associate’s degree in Finance, Business Administration, Accounting, or a related field required (Bachelor’s degree preferred); and/or
• Five or more years of experience in commercial lending, underwriting, banking, sales, or a related field.
• Strong understanding of commercial loan documentation, regulations, and credit principles.
• A relationship-driven mindset with a proven ability to build and maintain customer relationships.
• Results-oriented approach with a commitment to quality, accuracy, and sound judgment.
• Excellent interpersonal and communication skills.
• Ability to work independently while collaborating with internal partners.
• Professional, positive representation of the bank in all interactions.
• Strong financial and analytical skills with attention to detail.
• Commitment to confidentiality and ethical banking practices.
• Willingness to participate in community events and occasional evening or weekend activities.

RIGHT candidate values

In addition, the RIGHT candidate will have personal values that align with the core values we live by:

• Intentionally Customer Focused
• Collaborative
• Integrity. Professionalism. Respect. In ALL we do.
• Accountability
• Community Minded

Benefits

We offer a great team environment, competitive salary and an excellent benefit package which includes, medical, dental, vision, life, short-term and long-term disability insurance, and both Traditional and Roth 401(k) retirement plans with company contributions and matching. Generous paid time off starts on day one, with three weeks of PTO available upon hire!

If you meet the above qualifications and are looking for a great opportunity to utilize your talents and skills at a leading organization, apply now!

PremierBank is an affirmative action and equal opportunity employer and adheres to EEO Guidelines to offer employment without regard to race, color, religion, marital status, sex, sexual orientation, gender identity, pregnancy, age, national origin, disability, veteran status, or any other basis. All qualified applicants will receive equal consideration for employment.