Bank of Commerce (Philippines) · 11 hours ago
Commercial Lender - Duncan
Duncan, OK
Full-time
Onsite
Mid, Senior Level
3+ years expBank Of Commerce is seeking a Commercial Lender who will be responsible for soliciting, negotiating, underwriting, and coordinating the closing of various types of loans. The role involves developing business relationships, ensuring compliance with lending policies, and participating in the bank's business development plan.
BankingCommercialFinancial Services
Responsibilities
Engages in business development activities as outlined in the Business Development plan with the solicitation of prospective clients and consistent contact with existing clients while instilling and maintaining an effective sales environment throughout the organization through education of the Bank’s products and services
Interviews prospective loan applicants and requests specified information related to loan or credit application; corresponds or re-interviews applicants to resolve questions regarding application information
Performs timely pre-qualification assessment and analysis of financial condition and risk of financing requests within framework of Bank credit culture and current economic and industry trends
Gathers and analyzes all information necessary to present a financing request to Loan Committee for approval; meets with existing or potential customers; visiting sites of loans; negotiates loan terms and conditions; approves loans within established lending limits
Coordinates processing of approved loans; ensures loans are processed according to agreement, customer needs and conform to Bank lending policies; obtains sufficient information and/or documentation from customers; solves problems relative to processing and servicing of loans within his or her portfolio; approves loan disbursements in accordance with agreements
Ensures that certification or deletion of collateral is made by the appropriate personnel
Negotiates, underwrites and processes renewals of credit facilities within established loan policy guidelines
Authorizes commitment, engagement, and decline letters
Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees
Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition
Represents the Bank in various community, civic, and community functions to further enhance the Bank’ image and develop additional business; assists the Bank in establishing and maintaining market position in the financing arena
Reviews NSF and overdraft reports for customers assigned within his or her portfolio; approves or declines such exceptions within established lending limits
Cross sells the Bank’s other products and services, referring customers to appropriate staff as indicated
Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge-offs to ensure all possible precautionary actions or measures are taken
Assists in meeting annual loan and deposit growth goals as outlined in the Business Development Plan.; participates in various internal committees assigned by senior management
Provides leadership and training to less experienced loan officers, credit analysts and other staff members
Responds to inquiries or refers inquiries to the appropriate department or person, and exhibiting the necessary follow through with customers and/or staff involved
Consistently applies superior decision-making techniques pertaining to inquiries, approvals and requests as they apply to existing policies and procedures, keeping within assigned approval limits
Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities
Qualification
Required
Minimum 3 - 5 year's experience in bank lending, loan review and/or compliance experience or equivalent education in bank lending, loan review/compliance procedures and policies
Significant understanding of commercial and consumer lending practices
Knowledge of accounting principles and concepts related to loan accounting
Seasoned credit underwriter with progressively responsible lending experience
Highly knowledgeable of lending laws, regulations, and compliance requirements
Significant experience in analyzing and monitoring credit risk and related trends at both the loan and portfolio levels
Proven ability to effectively manage and analyze data
Ability to effectively manage commercial loan portfolios, improving credit quality and overall performance
Strong collaboration skills with ability to work effectively across all levels of the organization
Excellent sales and communication skills
Comfortable making presentations in all settings
Strong work ethic with a commitment to excellence and achieving quality results in a timely manner
Preferred
Bachelor's degree in business administration, accounting, finance or related field preferred
Company
Bank of Commerce (Philippines)
Bank of Commerce (BankCom) is one of the country’s progressive banks with a universal banking license from the Bangko Sentral ng Pilipinas (BSP) subject to regulatory requirements.
1001-5000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase