Requisition Number: 666
Job Title: Junior Commercial Loan Officer
Area of Interest: Lending
City: Sapulpa
State/Province: Oklahoma
Requirements: Education and/or Experience•Bachelor’s degree or equivalent combination of education, training, and experience that provides the required knowledge, skills, and abilities.
•Typically less than three years lending experience. Knowledge of current bank lending procedures and policies, lending regulations (state and federal), lien laws, collection/bankruptcy regulations, and loan documentation preferred. Knowledge of commercial lending and real estate field, including appraisals, deeds, and lien recording also preferred.
Computer Skills
•Ability to use PC and telecommunications for organizational advantage and communication.
•Knowledge of Internet software and word processing software; advanced knowledge of spreadsheet software.
Language Skills
•Ability to read, write, and speak English.
•Excellent verbal, listening and communication skills. Strong customer relations skills and ability to work with employees and customers in a cooperative manner. Ability and desire to work as part of a team, and with people of diverse backgrounds.
•Ability to speak effectively before employees of the organization.
Mathematical Skills
•Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, and yields.
Other Skills
•Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
•Strong organizational skills and attention to detail.
Complete job description available upon request.
Job Description:
•Actively calls on new and prospective customers, exploring needs and recommending bank products and services that are in the best interest of the customer and that achieve their financial objectives; profiles customers to ensure strong understanding of the total customer financial picture.
•Interviews loan applicants to develop information concerning their businesses, needs, desires, abilities, and earnings to determine whether a loan may be an acceptable risk. Evaluates the financial condition of the client, the value of the pledged collateral, and the client’s management effectiveness. Makes decision on loans and terms if within own lending limits. Refers loans over loan authority to manager. Ensures optimum profitability balanced with acceptable risk.
•Monitors the quality of existing accounts by verifying that assigned accounts conform to contract and policy limits. Ensures that necessary documentation is completed and requests additional data as needed. Recognizes unfavorable trends and recommends corrective action. Confers with manager on difficult or sensitive issues.
•Under management direction, establishes business development, sales, and referral goals. Develops a marketing plan using effective sales techniques that will generate additional new commercial loans. Maintains personal accountability for sales and service standards and for meeting business development, sales, and referral goals.
•Identifies opportunities to deepen our relationships. Identifies clients that are not profitable and aggressively manages the relationship to be a more profitable one.
•Ensures thorough knowledge and understanding of compliance and regulatory issues relating to loan policy and procedures (e.g., CRA, Fair Lending, etc.) evidenced by appropriate application of these regulations in day-to-day operations.
Tags: loan officer job, mortgage, mortgage jobs, Sales
