Commercial and Private Banking Officer

RESOURCE BANK

Commercial and Private Banking Officer 

Position Summary:

This position reports to the Commercial and Private Banking Officer/Market Leader and responsibilities include evaluating and recommending approval of commercial, real estate, or credit loans and advising borrowers on financial status and methods of payments as well as working on the renewal of existing loans and the development of new business and personal customer relationships.

Essential Functions:

• Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting and renewing loans.
• Stay abreast of new types of loans and other financial services and products to better meet customers' needs.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Prepare loan packages based on information submitted to present for loan approval.
• Attend Loan Committee and other required meetings.
• Ensures loan agreements are complete and accurate according to policy.
• Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.
• Prepare reports that include the degree of risk involved in extending credit or lending money.
• Generate financial ratios, using computer programs, to evaluate customers' financial status.
• Analyzes potential loan markets to develop prospects for loans and customer relationships.
• Call on customers in potential loan markets in order to generate new loans and customer relationships within the portfolio.
• All other duties assigned.

Knowledge and Skills:

• Communication - Excellent verbal and written communication skills.
• Interviewing Skills - Strong interviewing skills.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Speaking - Talking to others to convey information effectively.
• Time Management - Managing one's own time and the time of others.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Experience and Education:

Bachelor’s degree from four-year college or university and 2 or more years of customer service banking experience; BS in Finance preferred.