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Union Bank of VT/ NH

Commercial Loan Officer II or III

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Based on Vermont 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.

$81,688 / year median in Vermont

-25% projected decline

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Job Description

Description Union Bank has called Vermont home since 1891 — and we're proud of our local roots. We're a modern, community-focused bank where people come to grow their careers and make a difference. We offer strong benefits, support continuing education, and believe in promoting from within. Our CEO's journey from teller to the top is just one example. If you're looking for purpose, opportunity, and a team that cares, you'll find it here! What are we looking for? As a Commercial Loan Officer II or III, you will be responsible for servicing an existing portfolio of commercial loans in the Chittenden County area. Develop and underwrite new account relationships. You will primarily handle the more complex commercial loans in the Bank's portfolio. Why work with us? You can enjoy the following perks:
  • Generous Paid Time Off
  • Health, Dental, and Life Insurance
  • Partially paid Short and Long-Term Disability
  • Company-matched 401K retirement account
  • Bankers' hours
  • Paid Federal Holidays Requirements 1.
BS or BA in Business Management. 2. Minimum of 7-10 years previous commercial lending and banking experience. 3. Sales experience required. 4. Must be able to read and understand the corporate level financial statements. 5. Knowledge of environmental assessments as well as state and local permitting requirements. 6. Knowledge and experience with commercial real estate appraisals; understanding of commercial real estate evaluation methodologies. 7. High level of knowledge with legal requirements and commercial law. 8. Mathematical aptitude. 9. Responsible for keeping up to date with pertinent banking regulations and banking principles. 10.
Software Utilized:
Microsoft Office Suite, Jack Henry Silverlake, Baker Hill.
Salary description:
$85,000 - $160,000