Skowhegan Savings Bank · 1 week ago
Commercial Loan Officer I- Portland
PORTLAND,ME,US
Full-time
Onsite
Mid Level
3+ years expSkowhegan Savings Bank is seeking a Commercial Loan Officer to join their team in Portland, ME. The role involves building and maintaining commercial banking relationships, generating loans, and managing the commercial loan portfolio while understanding potential risks.
BankingFinanceFinancial ExchangesFinancial Services
Responsibilities
Develops commercial loan prospects from current customers, referral leads, and other sources to include both Commercial and Commercial Real Estate loans
Initiate calls with other bank personnel while reciprocating referrals back to each line of service
Contact prospective customers to present information on available commercial loan and deposit services
Makes presentations on financial, deposit and loan services to groups to attract new clients
Collects and analyzes financial and other related data in order to determine the credit worthiness of the borrower within the parameters of the bank’s loan policies (includes thorough analysis of financial statements)
Prepares proposal to sell services
Establishes and negotiates the terms under which credit will be granted to comply with loan underwriting guidelines
Originates, processes, approves within lending authority or submits for approval, and closes commercial loan originations
Participates in various civic and business organization events and activities to develop business network and favorable image for the bank
Be the Bank’s eyes and ears into business and economic activities for assigned geographic market
Works with the Commercial Credit Analyst and Commercial Loan Assistant to ensure and expedite proper completion of all documentation required for each loan
Reviews existing loan portfolio for documentation exceptions and periodic financial statements to maintain established quality standards consistent with bank policy
Work with the Finance Authority of Maine and Small Business Association to secure agency guarantees for commercial customers
Assumes additional responsibilities as assigned
Qualification
Required
Associate's degree or equivalent work experience
3 -5 years of related experience and/or training in Commercial Banking
Strong knowledge of commercial lending
Strong knowledge of bank products and services
Demonstrated proficiency with analyzing financial statements
Strong sales, negotiation and networking skills
Strong and effective communication skills, both oral and written
Strong analytic and critical thinking skills
Excellent organizational skills and attention to detail
Proficient computer skills
Ability to handle multiple projects and meet deadlines
Company
Skowhegan Savings Bank
Skowhegan Savings is an independent mutual savings bank with 12 branches throughout Central, Western and Southern Maine specializing in personal and business banking.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
James Barron
Senior Vice President & Chief Financial Officer
Andrew Fortin-Trimble
SVP Chief Marketing Officer
Recent News
2025-04-15
2025-02-12
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