VP / Commercial Loan Officer

What You'll Do

This position develops, evaluates and authorizes or recommends approval of customer applications for commercial loans.

Responsibilities Include

• Interview applicants to develop information concerning their needs, abilities and earnings to determine whether a loan may be an acceptable risk
• Evaluate and service the needs of present and potential customers seeking a variety of commercial loans, deposit accounts and other Bank products
• Analyze applicant's financial status, credit and property evaluation to determine feasibility of granting loan or submit application to credit analyst for verification and recommendation
• Obtain and direct the analysis of all necessary financial data; may use Credit Services to assist or underwrite
• Make decisions on loans and terms within lending limits
• Negotiate the loan terms and conditions with customers and prospects
• Draft necessary documents and agreements and assure loan documents are complete and accurate
• Identify and analyze potential loan markets to develop prospects for commercial loans
• Advise manager of external factors that may affect established lending policies, such as new or revised legislation and regulations; recommend and implement appropriate changes to established policies and procedures
• Promote and cross-sell other Bank products and services as appropriate
• Provide loan data to support marketing and sales promotion programs
• Administer and manage existing loans to ensure complete conformity with terms and adequacy of documentation remains cognizant of developing trends
• Ensure adherence to Bank guidelines, policies and procedures regarding credit administration
• Call on existing customers to increase or retain business and call on potential customers to develop new business
• Comply with all applicable Banking compliance rules and regulations established by both internal departments and external agencies

What You'll Need to be Successful

Qualifications

Why You Should Apply

Pay Range (Salary) : $150,000.00 - $160,000.00 / year

The purpose of this job description is to provide a summary of duties related to the position. It is not intended to be all-inclusive. The employee will perform other reasonable business duties as assigned by supervisor or other management.

First Northern Bank does not discriminate based on race, color, religions, sex, gender identity, age, national origin, marital status, pregnancy, disability, or any other protected status.

The duties outlined in this description are subject to modification or change by the organization, at any time, with or without notice.