VP Commercial Loan Officer

Citizens Alliance Bank; Watertown (MN); On-site; USD 90,000 - 130,000; Full time

Job summary

Citizens Alliance Bank in Watertown, MN is seeking a VP Commercial Loan Officer to manage an existing portfolio and originate new lending relationships across the Twin Cities metro area. You will underwrite, structure, and close loans while maintaining strong customer relationships.

The role requires solid credit judgment and familiarity with regulatory requirements; you will analyze financial statements, prepare credit memoranda, and collaborate with credit, operations, and other departments to

Qualifications

• Relevant education and ongoing training to maintain professional knowledge.
• Strong credit and financial analysis skills required.
• Experience in commercial lending is essential.

Responsibilities

• Originates and grows commercial lending relationships within the Twin Cities area.
• Underwrites, structures, documents, and closes commercial loans.
• Analyzes financial statements, cash flows, tax returns, and collateral for creditworthiness.
• Prepares clear credit memoranda and presents loans to approval authorities.
• Monitors portfolio performance and ensures adherence to policies and regulations.
• Collaborates with credit, operations, and other departments to deliver excellent service.

Skills

Relationship development

Credit analysis

Underwriting

SBA lending

CRE lending

C&I lending

Financial modeling

Portfolio management

Microsoft Office Suite

Education

High School diploma or GED

Continuing Education to maintain job knowledge

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

Tools

Microsoft Office Suite

Job description

VP Commercial Loan Officer

Citizens Alliance Bank Watertown, Minnesota, United States

About this position

Description:

Position Summary:

The VP Commercial Loan Officer manages an existing commercial loan portfolio and originates new commercial lending relationships within the great Twin Cities metropolitan area. This role underwrites, structures, and closes commercial loans in accordance with the Bank’s policies and applicable state and federal regulations. The officer exercises sound credit judgment and maintains strong customer relationships.

The level of this position is based on years of service, education and/or equivalent experience, knowledge level and skill set.

Essential Functions:

• 1. Proactively develop new commercial relationships through networking, referrals, and targeted outreach.
• 2. Foster referral and participation networks and cross-sell bank products and services.
• 3. Through relationship development, originate commercial loans and grow deposits.
• 4. Underwrite, structure, document, and close commercial loans across a variety of products.
• 5. Analyze financial statements, cash flows, tax returns, and collateral to assess creditworthiness.
• 6. Prepare clear credit memoranda and approve credits within this position’s individual lending authority or present loan requests to approval authorities.
• 7. Monitor portfolio performance and proactively manage risk; recommend workout strategies as needed.
• 8. Maintain current knowledge of lending policies, regulatory requirements, and BSA/AML obligations.
• 9. Ensure loan documentation and processes comply with internal controls and regulatory guidance.
• 10. Collaborate with credit, operations, and other departments to deliver excellent customer service.
• 11. Assist colleagues and contribute to team goals.
• 12. All employees are expected to exemplify and follow our core values.
• 13. Regular attendance and punctuality when reporting to work.
• 14. Travel for trade and industry schools and seminars as needed.
• 15. This position may require the employee to install and use Multi-Factor Authentication (MFA) apps on the employee’s personal mobile device; MFA apps are used to authenticate a user’s identity to the system for security purposes.
• 16. Adhere to and comply with all applicable, federal, and state laws, regulations, and guidance, including those related to BSA/AML, as well as adhere to the Bank’s policies and procedures.
• 17. The employer reserves the right to revise this job description at any time. This document is not a contract of employment.
• 18. Perform other duties as assigned.

Core Values

Humility - We are “blue-collar bankers”. We are relatable, down-to-earth people who greet our smallest customer the same way we greet our largest.

Respectful, Genuine Care for Others - We care about each other, we care about our customers, and we care about our communities.

Finds A Way - This simply put, is nothing more than attitude. It’s a can-do spirit, a desire to help, to contribute, to go above and beyond, and to make a difference.

Effort - We expect a lot of ourselves and hold ourselves to a high standard. We are not entitled, and we need to earn it from our customers and each other every day.

Owning-It - Owning-It or Accountability is a big word that can encompass a great many things. For Citizens Alliance Bank, it’s about ownership. When an employee says they will do something, they follow through and get it done.

Requirements:

Education and Experience:

• Required – High School diploma or GED, Etc.
• Required – Continuing Education to maintain job knowledge.
• Required – Three years of related commercial banking experience.
• Preferred – Bachelor’s degree in business, finance, accounting, or related field.
• Preferred – Five to ten years of related commercial banking experience.
• Preferred – Proficiency in Microsoft Office Suite.
• Preferred - Experience with SBA, CRE or C&I lending and financial modeling skills preferred.

The employer has the right to revise this position description at any time. The position description is not a contract for employment.

Citizens Alliance Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual preference or orientation, gender identity, gender expression, national origin, disability, veteran status and all other protected classes.