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Small Business Lender I

Small Business Lender I

Columbia Bank (WA, OR & ID)Voorhees, NJ, United States
8 days ago
Job type
  • Full-time
Job description

Summary : The Small Business Lender I analyzes and underwrites commercial loans of average complexity, and dollar size, typically up to $500,000., primarily using a Quick Decision process. Approves and renews business loans within established guidelines and lending authority. Develops new business relationships which will include lines of credit, term loans, and OORE. Maintains portfolio of existing customer relationships. Assists Branch Managers with business relationships in order to develop new, and retain existing customers, and general loan portfolio tasks. Works with customers, prospects, and branch managers in low and moderate income areas to assist small businesses, and promote the Bank within these areas.

Job Responsibilities :

New Loans

  • Interviews loan applicants
  • Gathers and submits loan applications for Quick Decision loans, analyzes financial and related data for credit worthiness and merits of loan requests.
  • Establishes terms and approves loans within lending authority or recommends approval to senior management.
  • Informs customers of Bank decisions.

Business Development

  • Develops new business by contacting potential customers, branch personnel, and COIs, and follows up on leads.
  • Cross sells Bank products and services.
  • Loan Maintenance and Monitoring

  • Maintains performing commercial loans. Interacts with customers to maintain and enhance business relationships and process servicing needs.
  • Monitors delinquencies and evaluates problem loans. Analyzes benefits of restructuring or foreclosure.
  • Negotiates and reworks loans or implements foreclosure actions.
  • Estimates final impact on the Bank.
  • Reporting

  • Assists in the preparation of monthly, quarterly and annual reports and the forecasting of loan balances.
  • Job and Industry Knowledge

  • Maintains a current knowledge of local and national economic, financial, political and legislative trends.
  • Determines the possible impact on commercial lending activities.
  • Other Responsibilities

  • Performs other job-related duties as assigned.
  • Job Requirements :

  • Bachelor's degree in a related field.
  • Formal credit training at a credited financial institution, or a minimum of 5 years at a commercial bank, in a commercial banking function.
  • Ability to travel within the Bank's geographic operating area.
  • Bi-lingual a plus.
  • Computer literate, knowledge of Word, Excel a plus.
  • Excellent organizational, follow-up, and time management skills.
  • Decision making and problem solving skills.
  • Knowledge of lending regulations.
  • Excellent written and verbal communication skills.
  • Columbia Bank offers the following benefits :

  • Medical, Dental, Vision and Rx which are contributory.
  • Bonus programs.
  • Employee Stock Option Program (ESOP).
  • Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
  • Paid Time Off (PTO) which includes Personal and Vacation Time.
  • Paid Sick Time.
  • Bank Holidays.
  • Employees may participate in the 401k program.
  • Schedule :

    This role is eligible for a hybrid schedule; 3 days in the office and 2 days' work from home based on business need.

    Columbia Bank and its affiliates is an Equal Opportunity Employer, including individuals with disabilities and veterans.

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    Lender • Voorhees, NJ, United States

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