Business Banking Loan Officer

About the position

A Business Banking Loan Officer is a portfolio management position responsible for creating value for our Business Banking relationships and Treasury Management relationships while promoting other products and services provided by Oxford Bank.

Responsibilities

• Developing and manage an existing Business Banking portfolio.
• Manage our customers relationship around profitability and portfolio risk while responsible for profitable growth of the assigned portfolio.
• Meet with business owners to build strong relationships.
• Identify needs, and recommend product solutions.
• Partner with Personal Banking to create and deliver customer solutions.
• Partner with Credit and Loan Documentation to ensure accuracy and completeness of credit packages according to policy.
• Serve as a resource to a team of Business Bankers in the areas of marketing, new business development, and loan analysis and servicing.
• Oversee annual department objectives, provide input on our operating plan, and help implement department programs to comply with organization requirements.
• Call on complex commercial accounts to develop new relationships with prospective clients, cross-sell products, and services, and retain existing clients.
• Participate in community and professional activities to enhance our image and expand your network of business contacts for development of new business.
• Partner with Credit & Loan Processing on the approval, documentation, and booking processes.
• Analyze and evaluate credit requests, write loan commitments, recommend appropriate risk rating, and issue declinations.
• Provide input to leadership regarding negotiation of loan proposals, analysis of credit requests, prepare loan commitments, and recommend appropriate credit grades.
• Make oral presentations to loan committee and provide back-up support to team members with loan committee presentations.

Requirements

• Excellent written and verbal communication skills.
• High level of professionalism.
• Experience using Microsoft Office products.
• Demonstrated consistent and effective negotiation skills.
• General knowledge of business banking, lending, and deposit products and services.
• Demonstrate knowledge of credit structures, along with thorough understanding of current banking industry.
• Work well within a team environment and collaborate closely with internal partners to deliver customer solutions.

Nice-to-haves

• Bachelors Degree in a related field.
• Formal Credit Lending training.
• At least 1-2 years experience managing business relationships.