Middle Market Commercial Loan Officer

MRINetwork; Oxnard (CA); On-site; USD 90,000 - 125,000; Full time

Job summary

MRINetwork seeks an experienced commercial lender to join a team delivering creative financing solutions for local businesses with revenues ranging broadly. You will solicit bank services, analyze financial data to assess creditworthiness, and structure secured financing for working capital growth, acquisitions and debt restructuring.

With the credit team, you’ll establish terms, costs, repayment methods and collateral; and you’ll prospect and maintain dialogues with sponsor groups, financial

Qualifications

• 7+ years of commercial lending experience.
• Strong understanding of commercial depository services.
• Excellent credit skills and familiarity with commercial documentation.

Responsibilities

• Solicit sale of bank services to businesses and develop financing solutions.
• Collect and analyze financial data to determine creditworthiness.
• Provide secured financing for working capital growth, acquisitions and debt restructuring.
• Negotiate terms, costs, repayment methods and collateral requirements with clients.
• Prospect and maintain dialogues with sponsor groups, intermediaries, and professionals.

Skills

Commercial lending

Credit analysis

Depository services

Book of business

Education

Bachelor's degree in Finance/Accounting/Economics/Marketing

Job description

Activelyseeking an experiencedcommercial lender to join a team of successful professionals who will collectively develop creative financing solutions to resolve complex and often unique issues for local businesses with revenues $20MM-1billion.

The successful candidate will solicit the sale of bank services to businesses. Other duties and responsibilities include collecting and analyzing financial data to determine the creditworthiness of the prospect.

Provide secured financing solutions in support of working capital growth, acquisitions and debt restructuring for your new and existing clients with the goal of generating income and enhancing the Bank's overall profitability. With the assistance of the credit team, you will establish and negotiate terms under which credit will be extended, including costs, repayment method and collateral requirements.

Prospecting and maintaining dialogues with sponsor groups, financial intermediaries, businesses, accountants, attorneys and other centers of influence. Develop and maintain a direct calling database of prospects.

Job Requirements

• 7+ years of commercial lending experience
• Bachelor's degree: Finance, Accounting, Economics, Marketing (preferred)
• Strong understanding of commercial depository services
• Excellent credit skills and general familiarity with commercial documentation
• Established book of business required