Centennial Bank · 10 hours ago
Commercial Loan Officer I
Elberta, Alabama, United States
Full-time
Onsite
Mid, Senior Level
5+ years expCentennial Bank is seeking a Commercial Loan Officer I responsible for extending credit within established policies and guidelines. The role involves assessing customer financial needs, managing loan portfolios, and ensuring compliance with laws and regulations.
BankingFinanceFinancial Services
Responsibilities
Interviews commercial loan applicants. This duty is performed daily, about 10% of the time
Examines and evaluates applicants credit and financial history. This duty is performed daily, about 10% of the time
Examines/Views collateral (if applicable) to determine adequacy. This duty is performed daily, about 10% of the time
Authorizes or recommends approval/denial of applicant. This duty is performed daily, about 10% of the time
Approves loan within specified limits or refers to appropriate approval level. This duty is performed daily, about 5% of the time
Prepares loan offering memorandum. This duty is performed daily, about 10% of the time
Ensures all loan documents are complete, accurate and in accordance with policy. This duty is performed daily, about 5% of the time
Closes/Declines loans in a timely manner. This duty is performed daily, about 5% of the time
Monitors loan portfolio/performance. This duty is performed daily, about 5% of the time
Corresponds with customers. This duty is performed daily, about 10% of the time
Recommends changes in risk rating. This duty is performed daily, about 5% of the time
Collects past due loan payments. This duty is performed weekly, about 5% of the time
Develops potential loan markets and loan prospects. This duty is performed daily, about 5% of the time
Completes required BSA/AML training and other compliance training as assigned. This duty is performed annually, about 5% of the time
The ability to work in a constant state of alertness and in a safe manner
Perform any other related duties as required or assigned
Qualification
Required
Broad knowledge of such fields as accounting, marketing, business administration, finance, etc
Equivalent to a four year college degree, plus 5 years related experience and/or training, and 19 to 23 months related management experience, or equivalent combination of education and experience
Ability to write reports, business correspondence, and policy/procedure manuals
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane, algebra, solid geometry and trigonometry
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists
Ability to interpret a variety of instructions furnished in written, oral, or diagram formats
Intermediate: Spreadsheet, Word Processing/Typing
College degree in general business, finance, economics or accounting
Five (5) years lending experience
Five (5) years experience with banking, investment, or economic analysis
Two (2) years experience using Microsoft Word and Excel
Must have general computer skills
The ability to communicate using oral and written skills
Company
Centennial Bank
Centennial Bank offers businesses, investors, and municipalities a wide range of commercial, retail banking, and related financial services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Arlene Lovelace
SVP, Chief Human Resources Officer
Brandon Cass
SVP, Chief Information Security Officer
Recent News
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