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Title
Text copied to clipboard!Commercial Lending Officer
Description
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We are looking for a Commercial Lending Officer to join our dynamic financial institution. The ideal candidate will be responsible for evaluating, authorizing, or recommending approval of commercial loan applications for businesses and organizations. This role requires a deep understanding of financial statements, credit analysis, and risk assessment, as well as strong interpersonal skills to build and maintain client relationships.
As a Commercial Lending Officer, you will work closely with business clients to understand their financial needs and provide tailored lending solutions. You will analyze credit data and financial statements to determine the risk involved in extending credit or lending money. You will also be responsible for preparing loan proposals, negotiating loan terms, and ensuring compliance with internal policies and regulatory requirements.
This position requires a high level of financial acumen, attention to detail, and the ability to make sound credit decisions. You will collaborate with internal departments such as credit analysts, underwriters, and legal teams to ensure the successful processing and closing of loans. Additionally, you will be expected to stay informed about market trends, industry developments, and changes in lending regulations.
The successful candidate will have a proven track record in commercial lending, excellent communication skills, and a customer-focused approach. You should be comfortable working in a fast-paced environment and capable of managing multiple loan applications simultaneously. If you are a strategic thinker with a passion for helping businesses grow, we encourage you to apply.
Responsibilities
Text copied to clipboard!- Evaluate and process commercial loan applications
- Analyze financial statements and credit reports
- Determine creditworthiness and risk levels
- Prepare and present loan proposals to credit committees
- Negotiate loan terms and conditions with clients
- Ensure compliance with internal policies and regulations
- Maintain and grow client relationships
- Monitor loan performance and manage portfolio risk
- Collaborate with underwriters and legal teams
- Stay updated on market trends and lending regulations
Requirements
Text copied to clipboard!- Bachelor’s degree in Finance, Business, or related field
- 3+ years of experience in commercial lending or banking
- Strong knowledge of financial analysis and credit evaluation
- Excellent communication and negotiation skills
- Proficiency in financial software and Microsoft Office
- Ability to manage multiple projects and deadlines
- Detail-oriented with strong analytical skills
- Understanding of regulatory and compliance requirements
- Customer-focused mindset
- Ability to work independently and in a team environment
Potential interview questions
Text copied to clipboard!- How many years of experience do you have in commercial lending?
- Can you describe your process for evaluating a loan application?
- What financial metrics do you consider most important when assessing credit risk?
- How do you handle difficult negotiations with clients?
- Have you ever declined a loan application? What was the reason?
- How do you stay updated on changes in lending regulations?
- Describe a time you successfully closed a complex loan deal.
- What tools or software do you use for financial analysis?
- How do you manage your loan portfolio to minimize risk?
- What industries do you have the most experience lending to?
