Commercial Loan Officer jobs in Mississippi
Commercial Loan Officer solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Commercial Loan Officer jobs
Relationship Banker (Commercial Loan Officer)
- YourCNB
-
Madison, MS
FULL_TIME
-
Job Description
Relationship Banker III
Classification: Exempt
Reports to: Senior Relationship Banker
Summary/Objective
The Relationship Banker III is responsible for establishing and growing relationships within the bank. This involves making sales calls and developing a rapport with the customer or potential customer. Growth goals for all RBs are established for loans, deposits, and fee income, while the RB is also asked to be active in the communities we serve.
Primary Functions- Adheres to the Bank’s Vision, Mission Statement, Moments of Truth, Core Competencies, Sales and Service standards, Bank policies, Bank regulations, and the Bank Operations Manual.
- Structures and analyzes new and renewed loan requests and makes loans within lending authority.
- Follows the Bank’s sales process and interviews commercial loan applicants.
- Actively participates in new business development program.
- Works closely with SRB, RP, and RSCO and presents loan applications for the appropriate approval.
- Works closely with RBGA to prepare loan packages for approval, closings, and post-closing.
- Manages all aspects of assigned loan portfolios and relationships including assigning appropriate risk grades to loans and relationships and monitoring compliance with loan policies and appropriate regulations.
- Collects past due loans unless assigned to the centralized collectors.
- Responds to referrals from Senior Management and others.
- Handles customer service matters and inquiries for lending and non-lending issues.
- Sends financial statements to the credit analysts for spreading and analysis.
- Provides informal training and guidance for less experienced lenders.
- Participates in community activities and organizations.
- Refers appropriate banking opportunities to other departments and personnel.
- Cross sell all company products and services.
Supervisory Responsibility
Generally, this position does not have direct supervisory responsibility but may informally supervise and guide less experienced Relationship Bankers and Relationship Banking Group Assistants.
Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
Physical Demands- Prolonged periods working at a desk.
This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m. Work outside of this schedule may be required as job duties demand.
Travel
Travel is expected for this position, primarily within the local area and occasional trips for Regional/Corporate meetings.
Required Education, Experience, And Skills- High School Graduate or GED and 5 years of related experience or Bachelor’s degree and 3 years of related experience.
- Must be proficient in Microsoft Word and Excel and other necessary software for efficiency.
- Motivation and initiative are essential and must have a sense of urgency and be proactive.
- Excellent verbal and written communication skills.
- Ability to handle multiple tasks.
- Must possess excellent negotiation and problem solving skills.
- Knowledge of sales principles, the understanding of lending and credit approval processes, and pricing models.
- Ability to present loan commitments to executive management of customers.
- Must possess a high level of analytical skills, effective interpersonal skills, and have the ability to be assertive with sound business decisions that best interest the bank and borrower.
- Bachelor’s Degree or more than 7 years of related experience.
Citizens National Bank is an equal employment opportunity employer and complies with all applicable laws and regulations regarding affirmative action and equal opportunity and does not illegally discriminate against anyone protected by law because of that person’s race, creed, color, age, sex, sexual orientation, gender identity, national origin, religion, status as an individual with a disability, or protected veteran status.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. - 11 Days Ago
Relationship Banker (Commercial Loan Officer)
- Citizens National Bank
-
Madison, MS
FULL_TIME
- Job Description Relationship Banker III Classification: Exempt Reports to: Senior Relationship Banker Summary/Objective The Relationship Banker III is responsible for establishing and growing relation...
- 12 Days Ago
Relationship Banker (Commercial Loan Officer)
- Citizens National Bank of Mississippi
-
Madison, MS
FULL_TIME
- Job Description Relationship Banker III Classification: Exempt Reports to: Senior Relationship Banker Summary/Objective The Relationship Banker III is responsible for establishing and growing relation...
- 12 Days Ago
Mortgage Loan Officer
- Fidelity Bank LA
-
Ridgeland, MS
FULL_TIME
- This position is located in Ridgeland, MS, 39157.The Loan Officer is responsible for making sales. This position requires strong sales and marketing skills, excellent communication and detailed follow...
- 6 Days Ago
Loan Officer Assistant
- Primary Residential Mortgage
-
Ridgeland, MS
FULL_TIME
- Position Purpose - Responsibilities/Duties/Functions/TasksThe purpose of this position is to assist the loan officer and processor with the work flow on each transaction, including chasing docs, follo...
- 6 Days Ago
Mortgage Loan Officer
- Merchants & Marine Bank
-
Ridgeland, MS
OTHER
- Canvas Mortgage - A Division of Merchants & Marine BankCanvas Mortgage, a division of Merchants & Marine Bank, is growing and expanding our mortgage production teams in Louisiana, Mississippi, Alabama...
- 6 Days Ago
Commercial Loan Officer jobs at Popular Companies
Commercial Loan Officer
- Wayne Bank
-
Geneva, NY
- Job Description Job Description Duties: Manages a commercial loan portfolio in the designated service area, provides dir...
- 6/11/2024 12:00:00 AM
Commercial Loan Officer
- gpac
-
San Antonio, TX
- Position: Commercial Loan Officer We have have partnered with a well-established company in the Financial Services indus...
- 6/11/2024 12:00:00 AM
Commercial Loan Officer
- Hudson Valley Credit Union
-
Poughkeepsie, NY
- Overview: Hudson Valley Credit Union is currently recruiting for the position of Commercial Loan Officer. Primary Functi...
- 6/10/2024 12:00:00 AM
Commercial Loan Officer
- Terrydale Capital
-
Dallas, TX
- Terrydale Capital is in need of a Commercial Loan Officer to join our growing team! We are actively searching for a dedi...
- 6/9/2024 12:00:00 AM
Commercial Loan Officer
- City National Bank & Trust
-
Lawton, OK
- Commercial Loan Officer Description: We are looking for an experienced Loan Officer who will be responsible for developi...
- 6/9/2024 12:00:00 AM
Commercial Loan Officer
- Frontier Credit Union
-
Idaho Falls, ID
- Job Type Full-time Description Position Overview: Solicits and services commercial loans and deposits. Builds and mainta...
- 6/9/2024 12:00:00 AM
Commercial Loan Officer
- Goldenwest Federal Credit Union
-
Ogden, UT
- WHO WE ARE Goldenwest Credit Union is a premier non-profit financial cooperative providing exceptional member service to...
- 6/9/2024 12:00:00 AM
Commercial Loan Officer
- RIO BANK
-
McAllen, TX
- Job Description Job Description Overview Rio Bank is a South Texas owned and managed bank with a strong focus on persona...
- 6/8/2024 12:00:00 AM
About Mississippi
Mississippi is bordered to the north by Tennessee, to the east by Alabama, to the south by Louisiana and a narrow coast on the Gulf of Mexico; and to the west, across the Mississippi River, by Louisiana and Arkansas.
In addition to its namesake, major rivers in Mississippi include the Big Black River, the Pearl River, the Yazoo River, the Pascagoula River, and the Tombigbee River. Major lakes include Ross Barnett Reservoir, Arkabutla Lake, Sardis Lake, and Grenada Lake with the largest lake being Sardis Lake.
Mississippi is entirely composed of lowlands, the highest point being Woodall Mountai...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Officer jobs
$58,513 to $80,939
Most Popular Cities in Mississippi for Commercial Loan Officer Jobs
What does a Commercial Loan Officer do?
Commercial Loan Officer in New Suffolk, NY
In addition to reviewing loan applications, commercial loan officers must evaluate the credit history of the applicant.
January 13, 2020
Commercial Loan Officer in Altus, OK
This requires the officer to independently analyze an applicant’s credit history, negotiate credit terms such as cost loan repayment methods and collateral, prior to making a loan decision.
January 16, 2020
Commercial Loan Officer in Gainesville, FL
Secured loans are common when the level of capital is not sufficient.
December 05, 2019