Commercial Loan Officer

First International Bank & Trust; Edina, Northern (MN, KY); Hybrid; USD 75,000 - 110,000; Full time

Benefits offered by this job

401K with Employer Match

Life and Disability Insurance

Generous PTO and Holiday pay

Job summary

First International Bank and Trust seeks an experienced Commercial Loan Officer to join our Edina team. You will build relationships with businesses, assess credit, structure loans, and manage documentation to ensure compliance.

Responsibilities include developing a robust local lending pipeline, staying current with market trends, and delivering tailored financial solutions to clients in the Twin Cities area. Strong communication and analytical skills are essential.

Qualifications

• Bachelor's degree in finance, accounting, economics or related field required.
• 3+ years of commercial lending experience or equivalent.
• Proven track record in business development and loan origination.
• Strong analytical skills and attention to detail.

Responsibilities

• Assess creditworthiness and authorize loan approvals by reviewing financial statements and documentation.
• Analyze title reports, surveys, and collateral to identify and mitigate risk.
• Structure and negotiate loan terms beneficial to customer and FIBT.
• Clearly communicate loan conditions, terms and obligations to customers.
• Monitor delinquent accounts and recommend actions for resolution.
• Build and maintain relationships with new and existing clients with customized financial solutions.
• Prepare and manage accurate loan documentation to ensure compliance.
• Stay informed on lending market trends and covenant structures.
• Develop and manage a pipeline of commercial lending opportunities in the Twin Cities area.

Skills

Relationship-building

Credit analysis

Loan origination

Financial statement analysis

Communication

Education

Bachelor's degree in finance, accounting, economics or related field

Tools

Credit analysis software

Job description

Edina, 3600 Minnesota Dr, Edina, Minnesota, United States of America

Job Description

As a community-focused bank with a strong regional presence, we’re committed to serving our customers with integrity while supporting the growth of our employees. At FIBT, you’ll work in a collaborative environment where your contributions make a meaningful impact on our clients and communities.

We are seeking an experienced, relationship-focused Commercial Loan Officer to join our team in Edina, MN. This role is ideal for a motivated, customer-centric professional who thrives on building strong business relationships, structuring sound financial solutions, and driving commercial growth in the local market.

Key Responsibilities:

• Assess creditworthiness and authorize loan approvals by reviewing financial statements and required documentation.
• Analyze title reports, surveys, and collateral to identify and mitigate risk.
• Structure and negotiate loan terms that are beneficial to both the customer and FIBT.
• Clearly communicate loan conditions, terms, and obligations to customers.
• Monitor delinquent accounts and recommend appropriate action for resolution.
• Build and maintain strong relationships with new and existing clients by delivering customized financial solutions.
• Prepare and manage accurate loan documentation to ensure compliance with legal and regulatory standards.
• Stay informed on local and regional lending market trends, including interest rates and covenant structures.
• Actively develop and manage a pipeline of commercial lending opportunities in the Twin Cities area.

Qualifications:

• Bachelor's degree in finance, accounting, economics or related field; minimum of 3 years of commercial lending or closely related experience; equivalent education and experience, or equivalent combination of education and experience is required.
• Proven track record in business development and loan origination.
• Strong analytical skills and attention to detail.
• Familiarity with the Twin Cities market and its business environment.
• Excellent communication and relationship-building skills.

First International Bank and Trust is a family-owned full-service Community Bank with locations in ND, MN, SD, and AZ.

We show our employees we care by providing competitive benefits and training and growth opportunities. Here are the things we offer within our full-time benefits package:

• 401K Retirement Plan with Employer Match
• Life and Disability Insurance
• Generous PTO and Holiday pay

Edina, 3600 Minnesota Dr, Edina, Minnesota, United States of America