SVP Commercial Lender

SNI Financial; United States; On-site; USD 90,000 - 130,000; Full time

Job summary

SNI Financial is seeking a Commercial Loan Officer to aggressively develop commercial loans and manage a growing loan portfolio. The role involves analyzing financial statements, assessing creditworthiness, and driving new business through calls, referrals, and visits to client accounts.

The candidate will mentor junior staff, contribute to risk management discussions, and partner with senior leadership to achieve lending goals and growth across the bank’s commercial portfolio.

Qualifications

• Bachelor’s degree required in finance, accounting, economics, or related field.
• 5–10 years in credit analysis and/or commercial lending.
• Strong knowledge of financial statement analysis and risk assessment.
• Proven leadership and mentoring abilities.

Responsibilities

• Develop commercial loans by identifying prospects and setting appointments.
• Analyze financial information to assess creditworthiness.
• Prepare credit memorandums for approval.
• Mentor junior credit staff and support policy interpretations.
• Collaborate with senior management to assess credit goals.
• Maintain compliance with lending policies and covenants.

Skills

Credit analysis

Leadership

Interpersonal skills

Risk assessment

Financial statement analysis

Portfolio management

Education

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

Job description

This position has a defined path to team lead. Commercial Loan Officer is responsible for aggressively soliciting and servicing prospective customers producing a variety of commercial loans as well as generating and managing a portfolio of business and corresponding relationships, while seeking new accounts through calling efforts, marketing, and referrals, and may also be responsible for managing commercial lenders.

Essential Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform the following satisfactorily; other duties may be assigned. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Develop commercial loans and deposit business by identifying prospects through a variety of sources including calling on and setting up appointments with potential loan prospects.
• Analyze financial information including balance sheets, income statements, cash flow statements, and tax returns to form an opinion of creditworthiness of applicants based on sound risk-based examination of strengths and weaknesses.
• Determine appropriate risk ratings and make recommendations for approval/denial of loan requests.
• Act as a mentor to less experienced credit staff including technical guidance, time management skills, lending policy interpretations, and critical decision-making skills.
• Provide analytical support directly to the President & Chief Executive Officer to identify and measure credit risk and emerging trends within the association’s overall loan portfolio.
• Identify and generate leads for new business opportunities; obtain and analyze background information on potential customers.
• Analyzes client-provided financial information to appropriately underwrite and/or present credit structures for approval. Understands credit structures for underwriting commercial loans and adheres to company policies and procedures.
• Prepare written credit memorandums for presentation and approval.
• Monitor compliance with CRC approved terms for ongoing information requirements such as monthly financial statement information, borrowing base information, and/or loan or letter agreement covenants.
• Exercise Loan authority to make loans, issue letters of credit, lines of credit and pay overdrafts within designated authority.
• Calls on customers and make on-site visits to business customers to maintain rapport and to cross-sell other products and services. Calls on CPAs, attorneys, title companies, real estate brokers, and other sources to develop referral sources for new business.
• Active in the assessment of annual credit goals and objectives to optimize utilization of human and financial resources and to achieve corporate financial goals.
• Provide input and feedback to executive management regarding credit decisions on specific transactions.
• Participate in meetings with other units/departments to provide input and improve the process.

Knowledge, Skills & Abilities:

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Comprehensive understanding of commercial and real estate underwriting practices and regulatory governance of commercial lending activities.
• In-depth knowledge of economic, market, and competitor pricing trends to make informed recommendations for product pricing adjustments.
• Strong leadership and organizational skills to effectively motivate and develop teams.
• Well-developed interpersonal skills to positively represent the bank in interactions with staff, clients, vendors, management, and directors.
• Proficient in auditing loan portfolios to ensure compliance with policy guidelines.
• Effective problem-solving skills to investigate and resolve issues related to clients' accounts.
• Ability to make decisive decisions and attend meetings, reporting on areas of responsibility as requested by the President.
• Capability to work closely with senior management and various departments to implement programs that enhance the bank's growth.
• Competence in monitoring economic, market, and competitor pricing, and making necessary adjustments.
• Aptitude for collaborating with the President, CEO, CFO, COO, Branch Managers, Human Resource Manager, Marketing, and Compliance Coordinator.

Education:

• Bachelor’s degree in finance, accounting, economics, or related field.
• Five (5) to ten (10) years’ experience in credit analysis and/or commercial lending