Commercial loan officer Jobs in Usa

Job Description

Job Description

Position Summary

The Commercial Loan Officer (CLO) is responsible for managing and growing profitable commercial lending relationships through active networking and cold calling efforts with local centers of influence such as accountants, attorneys, and brokers.

Essential Functions

• Responsible for the initial screening and evaluation of potential commercial loan transactions, including site visits.
• Evaluate and structure loan requests balancing Unity's credit philosophy with the applicant's requests.
• Prepare and submit to the credit department, an initial draft of the loan proposal, including collateral, cash flow and guarantor analysis, along with all other required documents.
• Responsible for accuracy of all content in the loan proposal.
• Present loan proposal to senior management and or executive loan committee.
• Assist the credit and closing departments in obtaining required documentation to facilitate timely closings.
• Cross-sell other Unity Bank products and business partner services.
• Monitor and report assigned loan portfolio activity to senior management as required by Unity Bank policy and procedures.
• Responsible for ongoing monitoring of financial performance including renewals and any necessary memos.
• Complete other reporting requirements as directed by senior management.
• Assist other areas (ex. Collections, Retail) of Unity Bank regarding assigned loan portfolio as directed by senior management.

Additional Functions

Education and Experience

Knowledge, Skills, and Abilities

Required Manual Skills :

Physical Requirements

Working Conditions

Compliance

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin / nationality, ancestry, religion / religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.