Commercial Loan Manager
The purpose of this job is to develop and manage commercial loan accounts that meet established lending requirements and maximize profitability to the bank with minimal risk. Provides portfolio maintenance and loan administration in accordance with bank policies.
This position may be filled as a Level II or III. Additional responsibilities and qualifications apply.
Responsibilities
- Portfolio management and pricing decisions within credit authority
- Recommendations for credit approval to Senior Loan Committee
- Cross-selling referrals
- Business development strategies, including prospect list development
- Recommend promotional sponsorships to senior management
- Maximizes the department's profitability through the maintenance of a high-quality loan portfolio. Has credit authority on large and complex accounts
- Actively participates in business development activities for the purpose of attracting additional profitable business for the bank
- Maintains professional community relations, including leadership roles, to increase the bank's visibility and new business opportunities, and to further personal development
- Cross-sell additional products and services to existing customer base and asks for referrals.
Level III additional responsibilities :
Has a leadership role in the bank's business development activities. Attracts new business relationships and expands existing business relationships through the call program.Provides guidance to, and may manage, less experienced relationships managersApproves or rejects loans exceeding the credit authority of subordinate relationship managers up to approved lending limitsQualifications
Bachelor's degree in business, finance, accounting, related field, or equivalent experienceMinimum 5 years of progressively increasing commercial lending experienceKnowledge of pricing models as it relates to profitability of lending unitFully developed understanding of lending and credit approval process as well as pertinent bank policies and external regulationsKnowledge of sales principlesDetailed knowledge of credit analysis practice and procedureIn-depth knowledge of products and services offered by financial services institutionsStrong analysis, judgment, and communication (oral and written) skillsShould possess excellent negotiation and problem-solving skillsAbility to present loan commitments to executive management of customers should be attained prior to this levelMust possess a high level of analytical skillsMust possess effective interpersonal skillsAbility to be assertive and decisive in arriving at sound business decisions which serve the best interest of the association and the borrowerMotivation and initiative are essentialLevel III additional qualifications :
Minimum 10 years' experience managing a commercial loan portfolio with a proven track record in sales ability / aptitude and business developmentResults-oriented, flexible, and demonstrated ability to prioritize work assignmentsPhysical Requirements / Working Conditions : Must be able to sit for long periods of time and use computer keyboard and / or mouse, while viewing computer screens.
Note : This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.