As a Commercial Loan Officer at Prospect Bank, you will leverage your customer relationship skills to guide clients through the loan process. This role requires a deep understanding of commercial loan programs and the ability to analyze financial data to support lending decisions, all while ensuring compliance with banking regulations.
Key Responsibilities
Develop and maintain strong commercial lending relationships
Collect and analyze financial data to support loan approval or denial decisions
Monitor credit quality to ensure adherence to bank standards
Manage past due loans and resolve loan file exceptions
Recommend charge-offs for problem loans and manage recovery of charged-off accounts
Ensure compliance with all applicable banking regulations
Design and implement loan products aligned with bank's strategic goals
Uphold customer confidentiality and data security standards
Support training and professional development initiatives for lending staff
Assist in preparing monthly loan portfolio reports for the Board
Complete additional duties or projects as assigned by the Board or CEO
Adapt to evolving organizational needs and job requirements
Required Qualifications
Bachelor's degree from a four-year college or university
Minimum of five years of relevant experience and/or training
Strong critical thinking, problem-solving, communication, and presentation skills
In-depth knowledge of portfolio management, including rate and risk structures
Experience in commercial, consumer, and mortgage lending