Commercial Lender

White Plaines, NY

Job Category: Banking Job Number: 42713575 Pay Rate: $120000-150000 / year

Job Description

Our client, a reputable financial institution going on 125 years in business is currently seeking a leader in the Commercial Lending industry.  
Job descriptionGeneral Summary: Develop, originate, manage and underwrite commercial & industrial loans & commercial real estate loans which meets established lending requirements and provide maximum profitability to the Bank with a minimum of risk.
General Summary: 
  • Develop, originate, manage and underwrite commercial & industrial loans & commercial real estate loans which meets established lending requirements and provide maximum profitability to the Bank with a minimum of risk
  • Interview loan applicants and collects and analyzes financial data to determine the general creditworthiness and appropriateness of the loan request
  • Establish and negotiate the terms under which credit will be extended including loan pricing, structure, repayments terms and collateral requirements that are consistent with the Bank’s policies
  • Meet established loan production goals as well as deposit and fee income goals
  • Participate in community activities to increase the Bank’s visibility and to enhance new business opportunities
  • Develop analysis and Credit Memorandums for presentation and approval of loan requests
  • Monitor loan portfolio for repayments, and take necessary actions for the collection of past due accounts, as well as the annual collection of financial information and annual reviews
  • Periodically visit with Borrowers, performing site visits and to promote good customer relations
  • Participate in sales meetings and blitzes
  • Cross sell Bank products and services
  • Non-confined office type setting in which he or she is free to move about at will
  • The position includes driving a bank or personal owned vehicle approximately 50-75% of the time which I includes exposure to the outside weather elements and moving mechanical parts
  • It may include some minor annoyances


ESSENTIAL DUTIES AND JOB RESPONSIBILITIES:• Interview loan applicants and collects and analyzes financial data to determine the general creditworthiness and appropriateness of the loan request.• Establish and negotiate the terms under which credit will be extended including loan pricing, structure, repayments terms and collateral requirements that are consistent with the Bank’s policies.• Meet established loan production goals as well as deposit and fee income goals.• Participate in community activities to increase the Bank’s visibility and to enhance new business opportunities.• Develop analysis and Credit Memorandums for presentation and approval of loan requests.• Monitor loan portfolio for repayments, and take necessary actions for the collection of past due accounts, as well as the annual collection of financial information and annual reviews.• Periodically visit with Borrowers, performing site visits and to promote good customer relations.• Participate in sales meetings and blitzes.• Cross sell Bank products and services.
EDUCATION, CERTIFICATION, EXPERIENCE:• Bachelor’s Degree in Business/Economics/Accounting of finance or equivalent work experience.• 5-10 years of Commercial Lending experience required.
KNOWLEDGE, SKILLS, ABILITIES:• Accounting and financial skills• Strong analytical skills• Strong banking and legal knowledge• Advanced understanding of commercial loan documentation• Strong personal computer skills• Strong interpersonal skills
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