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Commercial Loan Officer
Career Insights for Loan Officer (General)
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Scorecard
Based on Ohio data
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What they do
A Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or other lender. Markets products and provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May specialize in loans to businesses or individuals, or in loans to buy real estate.
$67,153 / year median in Ohio
-25% projected decline
Job Description
A financial institution is looking for a Commercial Loan Officer to join its team. This position originates, evaluates, prepares loans in compliance with established guidelines, is responsible for marketing loan products, maintains loan relationships with borrowers, and develops new business in the surrounding community. This individual should succeed in working in a positive, team-oriented environment, contributing to the bank's ongoing success. This bank offers competitive wages and a great work/life balance. This organization is in growth mode, especially in its commercial division!
Responsibilities:
Identify and cross-sell a wide range of commercial banking services by following a proactive sales and business development plan Develop new loans and manage the existing loan portfolio Maintain an ongoing business development program to assist existing customers and solicit new customers to the bank Monitor loan portfolio & loan repayment activities and take necessary action to collect from past-due accounts Build a book of business specializing in commercial loans
Requirements:
Bachelor's degree in Business, Accounting, or Finance preferred Strong business development and credit risk assessment skills Must have a proven track record in business development Knowledge of Bank regulations regarding lending and debt collection Need to be from a community bank or credit union atmosphere and be involved in local communities
•Only qualified applicants will be considered and contacted. To find out more about this position, apply directly, or please do not hesitate to reach out to katie.hoogland@gogpac.com or 605-231-5528
Benefits
- Dental Insurance