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Commercial Loan Officer

  • Rapid Valley, SD, United States

$75,000 to $125,000 USD / year

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Job details

Pay
$75,000 to $125,000 USD / year
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Posting language
English
Posted

Original job description

Commercial Loan Officer - position located in Sioux Falls, SD

Do you prefer family owned, publicly traded, or community owned and focused? Appreciate the community-feel and culture? A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team. This Loan Officer individual should succeed in working in a positive, team-oriented environment, contributing to the bank's ongoing success. This bank offers its Commercial Loan Officers and Business Bankers competitive wages and a great work/life balance. This organization is in growth mode, especially in its commercial division!

Compensation for Commercial Loan Officer:

• Vacation, life and health insurance, dental, vision and ESOP.

• Very good benefits. Incentives throughout the year based on loans closed

  • Big enough to serve your larger customers, small enough to provide personalized service

Identify and cross-sell a wide range of commercial banking services by following a proactive sales and business development plan

  • Develop new loans and manage the existing loan portfolio
  • Maintain an ongoing business development program to assist existing customers and solicit new customers to the bank
  • Monitor loan portfolio & loan repayment activities and take necessary action to collect from past-due accounts
  • Build a book of business specializing in commercial loans

Requirements For Commercial Loan Officer:

  • Bachelor's degree in Business, Accounting, or Finance preferred
  • 15 years minimum and in an active lending role currently
  • Strong business development and credit risk assessment skills
  • CRE with larger revenue to middle market baby whale hunting ability
  • Must have a proven track record in business development
  • Knowledge of Bank regulations regarding lending and debt collection
  • Need to be from a community bank or credit union atmosphere and be involved in local communities
More about this job

Skills

  • Sales
  • Hazard assessment

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