Senior Commercial Loan Officer

American Bank; Covington (LA); On-site; USD 110,000 - 150,000; Full time

Job summary

American Bank in Covington, LA seeks a senior leader to manage the commercial loan portfolio and a team of Commercial Loan Officers. You will drive growth, ensure regulatory compliance, and shape lending strategies across client relationships.

The role requires extensive lending experience, strong leadership and analytical skills, and an active NMLS license. A Bachelor's degree is required; a Master’s in Banking is preferred.

Qualifications

• Bachelor’s degree in business, finance, or related field.
• Master’s degree or Graduate School of Banking preferred.
• 10+ years lending/loan operations experience.
• 5+ years in a management role.
• Active NMLS license.
• Strong knowledge of banking laws/regulations.

Responsibilities

• Manage a team of Commercial Loan Officers.
• Cultivate new business relationships and source prospective clients.
• Assist the CLO in creation of guidelines and policies relating to the accurate and timely servicing of the institution’s commercial loan portfolio.
• Participate in the review and approval of presented loan applications.
• Maximize portfolio growth through effective planning, development, and implementation of lending strategies.
• Review existing and new client relationships for credit quality, structure, and pricing.
• Monitor and manage institution’s commercial portfolio and communicate performance and concerns to top management.
• Develop and maintain manuals and references.
• Stay abreast of regulations and legislation, as well as other political and policymaking events that directly affect the financial institution.
• Conduct various assessments and audits to ensure department procedures are achieving accurate and desired results.
• Interact with auditors, compliance, and examiners to assist in Bank reviews and examinations; address and ensure necessary changes or recommendations have been implemented.
• Maintain open communication and partner effectively with other department managers.
• Achieve department goals within defined timelines.
• Perform ongoing training, review, and communicate current or developing industry topics or standards, policy changes, and regulations.
• Provide effective performance management, including regular feedback, coaching, goal setting, and performance evaluations.
• Consistently support the Bank and its core values.
• Follow all policies and procedures.
• Additional duties may be assigned by supervisor

Skills

Leadership

Team management

Business development

Regulatory compliance

Analytical skills

Negotiation

Education

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

Master’s degree or Graduate School of Banking preferred

High school diploma or equivalent

Job description

Job Function: Responsible for managing the Bank’s commercial loan portfolio, overseeing a team of Commercial Loan Officers, and driving portfolio growth while ensuring regulatory compliance.

Responsibilities:

• Manage a team of Commercial Loan Officers
• Cultivate new business relationships and source prospective clients
• Assist the CLO in creation of guidelines and policies relating to the accurate and timely servicing of the institution’s commercial loan portfolio
• Participate in the review and approval of presented loan applications
• Maximize portfolio growth through effective planning, development, and implementation of lending strategies
• Review existing and new client relationships for credit quality, structure, and pricing
• Monitor and manage institution’s commercial portfolio and communicate performance and concerns to top management
• Develop and maintain manuals and references
• Stay abreast of regulations and legislation, as well as other political and policymaking events that directly affect the financial institution
• Conduct various assessments and audits to ensure department procedures are achieving accurate and desired results
• Interact with auditors, compliance, and examiners to assist in Bank reviews and examinations; address and ensure necessary changes or recommendations have been implemented
• Maintain open communication and partner effectively with other department managers
• Achieve department goals within defined timelines
• Perform ongoing training, review, and communicate current or developing industry topics or standards, policy changes, and regulations
• Provide effective performance management, including regular feedback, coaching, goal setting, and performance evaluations
• Consistently support the Bank and its core values
• Follow all policies and procedures
• Additional duties may be assigned by supervisor

Requirements:

• High school diploma or equivalent
• Bachelor’s degree in business administration, finance, or related field
• Master’s degree or Graduate School of Banking preferred
• 10+ years experience in lending and loan operations, administration, and policies and procedures
• 5+ years experience in a management role
• Active NMLS license
• Extensive knowledge of banking laws, regulations, policies, and procedures
• High level analytical skills
• Strong interpersonal, negotiation, and business development skills
• Excellent written and verbal communication
• Effective time management skills
• Intense attention to detail