Commercial Lender

Chesapeake Bank

$67K — $104K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance or related field
  • 1-2 years experience in a financial institution or loan department
  • Familiarity with financial institution policies and procedures
  • Understanding of commercial lending practices
  • Strong managerial, communication, and public relations skills
  • Sales-oriented with solid organizational abilities
  • Proficient in comprehending training materials and financial communications

Responsibilities

  • Review and process commercial loan requests per institution policies
  • Recommend conditions and terms for commercial loans
  • Provide management input to enhance loan services
  • Generate loan status reports and departmental financial statistics
  • Suggest improvements for loan strategies
  • Interview loan applicants and collect financial data
  • Engage with local business and community activities

Benefits

  • Participation in community activities
  • Opportunities for career development and training
  • Access to a supportive work environment focused on compliance and risk management
Full Job Description
Chesapeake Bank-

Join Our Team as a Commercial Lender!

Salary Range: $67,300 - $104,400

This role will be based in the Williamsburg Region.

Job Summary:

Manages the commercial lending process for loan applicants, ensuring that interviews are conducted appropriately and that necessary financial information is on hand for efficient loan processing. Promotes the financial institution and its lending services to the community.

Responsibilities:
  • Reviews, analyzes and processes commercial loan requests and packages loans as necessary, in keeping with financial institution policies and procedures.
  • Recommends conditions and terms of commercial loans.
  • Provides input to management in order to streamline and improve loan services for the benefit of the customer and the financial institution.
  • Provides loan status reports to management and departmental statistics on financial institution loan products.
  • Offers recommendations and actions to improve loan strategies when necessary.
  • Interviews loan applicants, as well as obtains and compiles necessary financial information to process loans.
  • Participates in local business and community activities.
  • Understand your role as defined by the three lines of defense to maintain a compliance culture that includes risk management processes
  • Other duties as assigned

Requirements:
  • Essential experience/skills necessary to perform the role
  • Bachelor's degree in business, finance or related area.
  • One to two years of experience in a financial institution, loan department or similar area.
  • Knowledge of financial institution policies and procedures.
  • Knowledge of commercial lending practices and related areas.
  • Good managerial, communication and public relations skills.
  • Good sales, organization and interpersonal skills.
  • Ability to read and comprehend training materials, financial institution communications and related loan manuals.
  • Completes appropriate career level training identified by manager.

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