Commercial & Installment Loan Officer
USD 90K-138K (estimate) Entry-level Full Time
Tasks
- Analyze loan risk
- Assess collateral value
- Attend sales and Salesforce training
- Call on new and prospective customers
- Complete and maintain loan documentation
- Conduct loan collections and workouts
- Confer with senior lending officer on complex loans
- Coordinate loan and cross sale activities
- Develop action plans for watch credits
- Develop prospecting plan using Salesforce
- Ensure compliance with lending regulations
- Ensure privacy and customer service standards
- Establish business development goals
- Evaluate borrower financial condition
- Generate fee income
- Generate loan origination and volume goals
- Grow and maintain commercial loan portfolio
- Identify unfavorable credit trends
- Maintain knowledge of bank products and services
- Make loan decisions within authority
- Make referrals to other business units
- Meet deposit sales targets
- Monitor loan portfolio quality
- Present loans to loan committee
- Profile customers total financial picture
- Recommend corrective action
- Request additional information
- Solicit loan applications
- Use Salesforce CRM for sales tracking
- Verify account compliance with contract terms
Perks/Benefits
- N/A
Skills/Tech-stack
Collateral valuation | Commercial Lending | Credit Analysis | Cross-selling | Customer Relationship Management | Customer relationship | Deposit Sales | Financial Statement Analysis | Loan Collection | Loan documentation | Loan portfolio management | Loan underwriting | Portfolio Management | Real Estate | Real Estate Lending | Relationship Management | Risk Assessment | Sales Prospecting | Salesforce | Statement Analysis | Workout Management
Education
Roles
Commercial | Commercial Loan Officer | Loan Officer | Officer
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