Commercial Loan Officer II

CEN; Fort Worth (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

CEN is seeking a Commercial Loan Officer II in Fort Worth to evaluate credit, interview applicants, and manage a loan portfolio. You will assess financial history, analyze collateral, and ensure documentation adheres to policy while promoting earning growth.

The role requires a broad knowledge of accounting/finance and advanced communication skills to prepare offerings and coordinate with internal teams. A four‑year degree plus lending experience is required.

Qualifications

• Bachelor's degree in general business, finance, economics, or accounting.
• Five (5) years lending experience.
• Five (5) years experience with banking, investment, or economic analysis.

Responsibilities

• Interview commercial loan applicants and make credit decisions.
• Examine and evaluate applicant's credit and financial history.
• Examine/view collateral to determine adequacy; ensure documents comply with policy.

Skills

Communication

Mathematical reasoning

Critical thinking

Education

Bachelors degree in business/finance/economics/accounting

Tools

Microsoft Word

Microsoft Excel

Job description

The Commercial Loan Officer II is responsible for extending credit within the policies and guidelines set forth in the loan policy. This position ensures that all loan decisions, actions, and recommendations are based on an accurate and thorough understanding of each customer's financial needs and conditions and comply with all laws, regulations, and bank policies. The Commercial Loan Officer II must properly administer the creditworthiness and documentation of all loans and/or borrowing relationships originated or assigned to the officer. Further, it is the officer's responsibility to maintain current credit files and proper note and collateral security documents.

Key Responsibilities

• Assign the proper credit rating to loans as defined in policy at origination and as conditions change.
• Recommend approval and administer workout programs for problem loans.
• Recommend approval and monitor levels of reserves for loans serviced by the officer.
• Administer the collection process either internally or with bank counsel, complying with all laws and regulations.
• Protect depositors' funds and stockholder equity.
• Generate earnings for the bank and its stockholders.
• Promote and maintain a favorable image for the bank.
• Interview loan applicants and make credit decisions.
• Develop new business and manage the existing portfolio.
• Collect past‑due loans, keeping credit and collateral exceptions within policy ranges.
• Manage a portfolio of loans and coordinate collection efforts.

Essential Duties and Responsibilities

1. Interview commercial loan applicants.
2. Examine and evaluate applicant's credit and financial history.
3. Examine/view collateral to determine adequacy.
4. Authorize or recommend approval/denial of applicant.
5. Approve loan within specified limits or refer to appropriate approval level.
6. Prepare loan offering memorandum.
7. Ensure all loan documents are complete, accurate, and in accordance with policy.
8. Close/decline loans in a timely manner.
9. Monitor loan portfolio/performance.Correspond with customers.
10. Recommend changes in risk rating.
11. Collect past‑due loan payments.
12. Develop potential loan markets and loan prospects.
13. Complete required BSA/AML training and other compliance training as assigned.
14. Work in a constant state of alertness and safety.
15. Perform any other related duties as required or assigned.

Education and Experience

Broad knowledge of accounting, marketing, business administration, finance, etc. Equivalent to a four‑year college degree plus 5 years related experience and/or training, and 4 years related management experience, or an equivalent combination of education and experience.

Skills

• Communication: Ability to write reports, business correspondence, and policy/procedure manuals; present information to managers, clients, and the general public.
• Mathematical: Ability to work with probability, statistical inference, and fundamentals of algebra, geometry, and trigonometry.
• Critical thinking: Ability to solve practical problems and interpret instructions in written, oral, or diagram formats.

Additional Information

• College degree in general business, finance, economics, or accounting.
• Five (5) years lending experience.
• Five (5) years experience with banking, investment, or economic analysis.
• Two (2) years experience using Microsoft Word and Excel.
• General computer skills.
• Strong oral and written communication skills.
• May require use of a vehicle to service customers.

Equal Opportunity Employer

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.