Commercial Loan Officer

Antwerp Exchange Bank; Cuba (IN); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

401(k)

Dental insurance

Health insurance

Paid time off

Training & development

Vision insurance

Job summary

Antwerp Exchange Bank is seeking a Loan Officer to develop and manage a portfolio of commercial loans, evaluating creditworthiness and fostering client relationships to drive revenue growth. You will analyze financial data, structure loan deals, and ensure compliance with banking regulations while minimizing risk.

The role is based in Harlan, Indiana with possible travel to Antwerp and Payne, and reports to the Senior Vice President of Lending.

Qualifications

• Bachelor’s degree preferred in finance, business, or related field.
• 2+ years in consumer, mortgage, or commercial lending.
• Strong analytical and credit risk assessment skills.

Responsibilities

• Meet with customers to assess financial needs and recommend loan products.
• Analyze financial condition, projections, credit history and collateral.
• Ensure underwriting adheres to bank and regulatory requirements.

Skills

Credit analysis

Customer relations

Financial statement analysis

Communication

Loan pipeline management

Independent teamwork

Education

Bachelor’s degree in finance, business, or related field

Tools

Loan origination software

Banking systems

Microsoft Office Suite

Job description

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Training & development
• Vision insurance

Job Title: Loan Officer
Reports To: Senior Vice President of Lending

Employment Type: Full-time
FLSA Status: Exempt
Location: Harlan, Indiana possible travel to Antwerp and Payne
Schedule: Monday–Friday, 7:30 AM–4:30 PM, Wednesday 7:30 AM-12:00 PM Saturday rotation (with flexibility as needed)

Job Summary: The Loan Officer is responsible for developing and managing a portfolio of commercial loans, evaluating creditworthiness, and fostering relationships with business clients to drive revenue growth. This role involves analyzing financial data, structuring loan deals, and ensuring compliance with banking regulations while minimizing risk.

Essential Duties and Responsibilities:

Client Consultation & Origination:

• Meet with customers to assess financial needs and recommend suitable loan products based upon business/personal goals and financial health.

Underwriting & Analysis:

• Analyze applicants’ financial condition, projections, credit history, and collateral position to determine the client’s creditworthiness.
• Ensure all underwriting adheres to bank and regulatory requirements

Documentation & Compliance:

• Originate and submit loan applications for underwriting, including gathering and verifying financial information.
• Ensure all loan documents are accurate, complete, and compliant with federal regulations and internal bank policies.
• Co-ordinate closings and disbursements of loan proceeds.
• Maintain strong knowledge of loan policies, interest rates, and available bank products.

Portfolio Management:

• Monitor existing loan portfolios for performance (i.e. timely payments and requested financial information), renewals, and risk. Mitigate potential defaults through proactive client outreach.

Business Development:

• Generate new leads through networking, referrals, and community involvement.
• Cross-sell additional bank products that meet the financial needs of clients.

Reporting/Monitoring:

• Maintain accurate records
• Participate in community outreach, networking, and bank-sponsored events to promote lending services.
• Ensure all lending activities comply with bank policies, as well as federal and state regulations.

Qualifications:

Education:

• High school diploma or equivalent - bachelor’s degree in finance, business, or a related field preferred.

Experience:

• 2+ years of experience in consumer, mortgage, or commercial lending.

Skills:

• Strong analytical skills with proficiencies in financial analysis and credit risk assessment.
• Excellent interpersonal, communication, and customer service skills.
• Proficient in loan origination software, banking systems, and Microsoft Office Suite.
• Ability to meet sales goals and manage a loan pipeline effectively.
• Ability to work independently and collaboratively in a team-oriented environment.