Market Manager/Commercial Lender

Potential six-figure income and attractive benefits package.  Manage existing loan portfolio.

 

This position is responsible for examining, evaluating, and authorizing approval of customer applications for various types of credit, including commercial loans, real estate loans, consumer loans, and credit card accounts.

 

Essential Duties/ResponsibilitiesInterview applicants and request specified information for loan application. Analyze applicant?s financial status, credit, and property evaluation to determine feasibility of granting a loan or submits request to credit analyst (if available) for verification and recommendation. Correspond with or interviews applicants or creditors to resolve questions regarding application information. Contact banks, trade and credit associations, salespeople, and others to obtain credit information. Study economic trends of a firm(s) or individual(s) branch or industry to predict probable success of a new customer or the future success of an existing customer. Visit establishments to determine the condition of plant equipment and compare methods of operation with accepted practices in the industry. Evaluate the results of site visits. Prepare reports of findings and suggests credit limitations to management. Gather data and information needed to ascertain the likelihood of repayment and develops a strategy for mitigating the risks associated with potential problems of repayment. Consult with management to assist in corporate planning and participate in corporate goals and projects. Approve loans within specified limits or prepare written presentation for appropriate committee for approval. Order and ensure the accuracy of the necessary documentation for preparation of closing documents. Prepare written instruction to have the closing documents drawn up, in accordance with the approval and or the appropriate lending regulations as well as all bank policy regulations. Analyze potential loan markets to develop prospects for loans. Responsible for all collection of loans made and/or loans that may be assigned. Ensure loan agreements are complete and accurate according to policy. Compose letters and other correspondence with no instruction.

Other DutiesAssist in gathering information and documents necessary for preparation of loan documents.Assist in preparation of loan documents. Perform other duties and responsibilities as assigned.

 

Supervisory DutiesNone

 

Knowledge, Skills and Abilities

 

Knowledge: Accounting Background or minimum of 2 years of Financial Statement Analysis. Thorough knowledge of compliance and regulatory requirements. Thorough knowledge of bank products and services. Knowledge of word processing and spreadsheet skills. Knowledge of the terms and vocabulary associated with loan documents.

 

Skills: Communicate effectively with business partners, customers, clients, and vendors; self-motivated, organizing, prioritizing, problem solving and calculating.

 

Ability: Work with various levels of sophistication amongst borrowers; complete several tasks at the same time; problem solving abilities; work well with several different personality types; organize; coordinate and cooperate.

 

Education: A Bachelor?s Degree or equivalent work experience.