Commercial Loan Officer

Summary/Objective
The Commercial Loan Officer is responsible for developing new business, underwriting, structuring and the closing of commercial loans, as well as maintaining and servicing an existing portfolio. This position represents the bank in the local community through active participation in community affairs and participates in marketing all of the bank’s products and services.

Principal Duties
Reasonable accommodations may be made to enable individuals with disabilities to perform principal duties and essential functions described herein.
1. Monitor an existing commercial real estate loan portfolio to ensure proper risk ratings and early identification of potential problems.
2. Source, develop and underwrite new financing requests for new and existing customers. These requests may include but are not limited to commercial
acquisitions or expansions, real estate, working capital lines of credit, equipment and vehicle financing.
3. Oversee funding of permanent, interim, and revolving financing requests for new and existing customers.
4. Maximize bank profitability through appropriate pricing of new loan originations, fee income and selling of all bank products and services.
5. Monitor portfolio for past due accounts; negotiate and collect payments. Identify and deescalate potential legal and collection problems.
6. Conduct a daily review, approval and disposition of commercial overdrafts.
7. Negotiate terms, structure loan financing based on risk considerations and present credits for approval to appropriate levels of authority with the bank as
required.
8. Serve as a voting member of the Loan Committee.
9. Follow all bank policies and procedures as well as comply with all Federal and State regulations related to job functions listed within.
10. Follow open loans to ensure complete compliance with terms, payments and ongoing documentation requirements.
11. Support the bank’s strong relationship banking culture through on-going customer contact, quality customer service and superior product knowledge.
12. Provide financial advice and counsel to customers and prospective customers.
13. Must be registered as an MLO (Mortgage Loan Originator) with the NMLS (Nationwide Mortgage Licensing System) and adhere to the Bank’s S.A.F.E. Act Policy.
14. Serve in the community to assist in the Bank’s Community Reinvestment Act outreach efforts.
15. Become knowledgeable with and ensure compliance with regulations of governing agencies and industry best practices. These include but are not limited to:

• Equal Credit Opportunity Act (Reg B)
• HMDA (Reg C)
• Flood Disaster Protection Act
• Truth in Lending (Reg Z)
• Unfair, Deceptive and Abusive Acts and Practices (Reg AA)
• Fair Credit Reporting Act (Reg V)
• RESPA (Reg X)
• Bank Secrecy Act / Anti-Money Laundering Act
• Privacy Act
• Americans with Disabilities Act

16. Follow all Bank policies and procedures.

Other Duties
1. Assist commercial loan customers with personal loan requests as needed.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Essential Functions
1. Exercise discretion and independent judgement the matters of significance as described herein.
2. As this is a front-line customer service position, attendance within policy guideline is essential. Exceptions to this, for medical or other pre-approved
absences, should be documented in an individual’s personnel file.
3. A primary function is to communicate with customers, bank employees, and others. Employee must be able to express oneself and exchange accurate information in person, by phone and/or email.
4. Employee must be able to input, retrieve and assess information from computer and other office machinery.
5. Employee will operate a computer and other standard office communication devices and productivity machinery.

Competencies
1. Communications Proficiency.
2. Financial Management.
3. Customer/Client Focus.
4. Technical Capacity.
5. Independent Judgement
6. Business Acumen
7. Time Management
8. Manage Subordinates in a Fair and Consistent Manner

Supervisory Responsibility
Commercial Loan Officers are responsible for the hiring, performance management, and the directing and overseeing the work of a Loan Assistant. In the cases where a Loan Assistant may be working for more than one Commercial Loan Officer, it is the responsibility of each to clearly define management roles as well as assist in prioritizing the workload for the Loan Assistant.

Work Environment
This job operates in a bank branch office. It is a professional environment. Requires that the employee make outside calls to customers’ and prospective customers’ places of business.

Position Type and Expected Hours of Work
This is typically an exempt full-time position. Hours may fluctuate due to workload and customer needs; however, the typical work week is expected to be 40 hours; work is normally performed between 8:00 a.m. and 6:00 p.m. Monday-Friday. All officers may be asked to oversee teller functions on Saturdays.

Reports To
Chief Lending Officer

Required Education and Experience
1. Bachelor’s degree in finance, business or economics.
2. Formal credit training.
3. Minimum of three years of commercial lending related experience. A working knowledge of different commercial financing options, including SBA loan products is required.

Additional Eligibility Qualifications
1. Must be Bondable

EEO Statement
Security Bank is an equal opportunity employer. This means Security Bank will not discriminate in any of its employment practices on the basis of sex, age, race, color, mental or physical disability, national origin, religion, sexual orientation, marital or veteran’s status, or other legally protected status. All employees have the responsibility to adhere to this policy and to use all efforts to further its implementation.