Commercial Lender at Sturgis Bank & Trust Co in St. Joseph, MI

Summary:

Responsible for developing new business, structuring, and closing of commercial loans, as well as maintaining and servicing a commercial loan portfolio. Represents the bank in the respective market area through active participation in community affairs. Interprets, and implements complex financial and accounting concepts or techniques in the business development of commercial lending.

Key Responsibilities:

• Interviews applicants to determine loan requirements and gather pertinent information for loan applications.
• Requests applicant credit reports, background checks, reference checks and other information pertinent to loan applicants’ evaluation.
• Coordinates with all levels of management to gather, analyze, summarize, and prepare recommendations regarding commercial loans, business development, and operating forecasts.
• Partners with the credit analysts to analyze applicant’s financial status, credit, and asset evaluation to determine feasibility of granting loan. Establishes credit limit through written and/or oral assessment.
• Resolves uncertainties relating to customer application information through inquiries with applicants or creditors.
• Structure loans within the loan policy. Approves loans within specified limits or champions loan opportunities to the credit department for proper approval.
• Prepares financing proposals consistent with approval for presentation to the applicant
• Reviews loan documentation prior to closing for completeness and acceptance by the applicant.
• Manage loan portfolio including renewals, modifications, updated credit analysis, collections, and portfolio monitoring.
• Other tasks as assigned.

Supervisory Responsibilities:

No supervisory responsibility.

Qualifications:

• Applicant should be able to exercise good judgment in establishing and maintaining working relationships, solve problems, and be able to deliver a high level of accuracy, focus and timeliness with limited supervision.
• Ability to read, analyze, and interpret policies, contracts, credit and financial documents as well as other legal documents as needed.
• Ability to make effective presentations on complex topics to top management, public groups, and/or boards of directors.
• Ability to respond effectively to the most sensitive inquiries or complaints.
• Strong analytical and mathematical capabilities as well as an understanding of credit underwriting and loan documentation.
• Strong written and verbal communication skills are required along with a proficiency in Microsoft Office Suite of Programs/Products.

Education and/or Experience:

Bachelor’s degree (B.A.) in finance, accounting, or business required (advanced degree preferred). Minimum of two (2) to five (5) years of commercial lending experience with advanced credit analysis, underwriting, and portfolio management responsibility.

Certificates, Licenses, Registrations

Not applicable.

Work Environment:

General office working conditions exist. Employee may experience sustained moderate/high periods of activity with multiple tasks being performed. They may experience communication with a variety of internal and external sources under favorable and unfavorable conditions. Noise level in the work environment is usually minimal.