Commercial Lending Officer
About this role
As a Commercial Lender, you will play a crucial role in the growth and success of our banking institution. Your primary responsibility will be to develop and maintain relationships with commercial clients, providing them with the financial solutions they need to achieve their business goals. You will be responsible for analyzing loan applications, assessing creditworthiness, and structuring loan packages that meet the needs of both the client and the bank. By effectively managing a portfolio of commercial loans, you will contribute to the overall profitability and risk management of the bank.
Preferred Qualifications:
- 5+ years of commercial lending experience is strongly preferred
- Experience in underwriting and managing complex commercial loan transactions.
- Knowledge of industry-specific lending practices and market trends.
- Ability to identify and pursue new business opportunities.
- Excellent communication and interpersonal skills, with the ability to build and maintain client relationships.
- Strong knowledge of financial analysis, credit risk assessment, and loan structuring.
- Solid understanding of banking regulations and compliance requirements.
Responsibilities:
- Develop and maintain relationships with commercial clients, acting as their primary point of contact for all financial needs.
- Analyze loan applications and financial statements to assess creditworthiness and determine appropriate loan structures.
- Prepare and present loan proposals to credit committees, ensuring compliance with internal policies and regulatory requirements.
- Monitor and manage a portfolio of commercial loans, including conducting regular credit reviews and proactively addressing any potential issues.
- Collaborate with internal teams, such as credit analysts and loan operations, to ensure smooth and efficient loan processing and servicing.
Benefits May Include the Following:
https://www.bankwithbos.com/careers/
Salary Range:
The salary range for this position is $75,000.00 - $100,000.00/year, depending on experience and qualifications. In addition to the base salary, compensation may include bonuses, benefits, and other incentives.
Company at a glance
With a focus on community, Jack A. Marantz founded Bank of Springfield (BOS) in Springfield, Illinois in 1965. Today, the tradition continues under the leadership of Chairman of the Board and Chief Executive Officer, Tom Marantz; our President, Mike Pence; and Executive Vice President and Vice Chairman of the Board, Jason Knoedler.
From our roots as a neighborhood bank on the southeast side of Springfield, Illinois; BOS has grown to 15 full-service branches in Illinois and Missouri and one loan production office in Missouri. As we continue to expand operations, you have our promise to remain privately held and responsive to your needs.
BOS is committed to utilizing our resources to make a positive impact on the communities we serve. We are proud to sponsor many projects, organizations, and events.
Our employees continually dedicate their time volunteering for local organizations, including food, clothing and toy drives, blood drives, and numerous charity events. We are passionate about educating our communities through financial literacy programs and working with customers to grow their financial future.
Member FDIC. Equal Housing Lender.
For your security, never post account information or your social security number on social media sites. Please call 1-877-698-3278 for assistance.
Top Benefits
- Bonuses
- Benefits
- Other Incentives
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