Orange Bank & Trust Company

Commercial Loan Officer

Orange Bank & Trust Company$80K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Economics, Accounting, Finance, or equivalent experience
  • 5-10 years of experience in Commercial Lending
  • Strong analytical and accounting skills
  • Comprehensive knowledge of banking and legal regulations
  • Expertise in commercial loan documentation
  • Proficient with personal computer applications and software
  • Exceptional interpersonal communication skills

Responsibilities

  • Interview and assess loan applicants to evaluate creditworthiness
  • Negotiate loan terms including pricing, structure, and collateral
  • Achieve loan production, deposit, and fee income targets
  • Engage in community activities to boost the Bank's visibility
  • Draft comprehensive analysis and Credit Memorandums for loans
  • Monitor loan repayments and manage overdue accounts effectively
  • Conduct site visits with Borrowers to foster strong relationships
  • Participate actively in sales meetings and promotional events
  • Cross-sell additional Bank products and services

Benefits

  • Opportunity to develop a diverse portfolio of loans exceeding $1 million
  • Engagement in community events for professional networking
  • Collaborative team environment with sales-driven objectives
  • Fieldwork opportunities with site visits to Borrowers
  • Flexibility in office and traveling assignments within a non-confined setting
Full Job Description
General Summary: Develop, originate, manage and underwrite commercial & industrial loans & commercial real estate loans in excess of $1,000,000.00 which meets established lending requirements and provide maximum profitability to the Bank with a minimum of risk.

ESSENTIAL DUTIES AND JOB RESPONSIBILITIES:
  1. Interview loan applicants and collects and analyzes financial data to determine the general creditworthiness and appropriateness of the loan request.
  2. Establish and negotiate the terms under which credit will be extended including loan pricing, structure, repayments terms and collateral requirements that are consistent with the Bank's policies.
  3. Meet established loan production goals as well as deposit and fee income goals.
  4. Participate in community activities to increase the Bank's visibility and to enhance new business opportunities.
  5. Develop analysis and Credit Memorandums for presentation and approval of loan requests.
  6. Monitor loan portfolio for repayments, and take necessary actions for the collection of past due accounts, as well as the annual collection of financial information and annual reviews.
  7. Periodically visit with Borrowers, performing site visits and to promote good customer relations.
  8. Participate in sales meetings and blitzes.
  9. Cross sell Bank products and services.

EDUCATION, CERTIFICATION, EXPERIENCE:
  1. Bachelor's Degree in Business/Economics/Accounting of finance or equivalent work experience.
  2. 5-10 years of Commercial Lending experience required.

KNOWLEDGE, SKILLS, ABILITIES:
  1. Accounting and financial skills
  2. Strong analytical skills
  3. Strong banking and legal knowledge
  4. Advanced understanding of commercial loan documentation
  5. Strong personal computer skills
  6. Strong interpersonal skills

WORK ENVIRONMENT:
  1. Non-confined office type setting in which he or she is free to move about at will. The position includes driving a bank or personal owned vehicle approximately 50-75% of the time which I includes exposure to the outside weather elements and moving mechanical parts.

PHYSICAL DEMANDS:
  1. The ability to lift 25 pounds.

Special Note:

This job description in no way states or implies that these are the only duties to be performed by an employee. Additional functions and requirements may be assigned by supervisors as deemed appropriate, based on the employee's knowledge, skill and ability as well as his/her mental and physical abilities.

About Orange Bank & Trust Company

Chemical Bank was a bank with headquarters in New York City from 1824 until 1996. At the end of 1995, Chemical was the third-largest bank in the U.S., with about $182.9 billion in assets and more than 39,000 employees around the world. Beginning in 1920 and accelerating in the 1980s and 1990s, Chemical was a leading consolidator of the U.S. banking industry, acquiring Chase Manhattan Bank, Manufacturers Hanover, Texas Commerce Bank and Corn Exchange Bank among others. After 1968, the bank operated as the primary subsidiary of a bank holding company that was eventually renamed Chemical Banking Corporation. In 1996, Chemical acquired Chase Manhattan Corporation in a merger valued at $10 billion to create the largest financial institution in the United States. Although Chemical was the acquiring company and the nominal survivor, the merged bank adopted the Chase name, which was considered to be better known, particularly internationally.
Learn more about Orange Bank & Trust Company

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