Commercial Loan Officer - New Brunswick, NJ
Commercial Loan Officer - New Brunswick, NJ
Mid Penn Bank
New Brunswick, NJ
See who Mid Penn Bank has hired for this role
A great banking experience starts with a great team! Mid Penn Bank is actively seeking a Commercial Loan Officer to join our team in New Brunswick, NJ.
- Solicits new business from present and prospective customers; maintains ongoing business relationships with present customers in order to take advantage of additional cross-selling opportunities.
- Serves as a member of the Bank's sales team; makes group sales calls where these types of calls will improve the opportunity for new business development.
- Effectively utilizes the bank’s Customer Relationship Management program to track customer sales and service activities as well as cultivate prospective opportunities within the office’s market area.
- Maintains an active role in community affairs to improve Bank’s visibility in the area; serves on various civic committees to increase Bank community involvement.
- Maintains a thorough knowledge of the features and benefits of all Bank commercial products and services in order to ascertain customer needs and to sell in conjunction with these needs.
- Assists customers in obtaining specialized services from other bank departments as necessary; provides help to customers with specific inquiries or service problems.
- Develops and manages commercial loan accounts which meet established lending requirements and which provide maximum profitability to the Bank with minimum risk.
- Requests applicant credit reports, background checks, reference checks, and other information pertinent to the loan applicant’s evaluation.
- Compiles loan packages and facilitates negotiation of loan structure with applicant; ensures loan agreements are complete and accurate according to Bank policy; assures timely loan closing and funding activities; approves loans within established lending authority.
- Maintains credit quality and portfolio administration within bank guidelines including participation in the collection of delinquent accounts.
- Continues ongoing education to stay abreast of current lending regulations and procedures.
- Interviews loan applicants and collects and analyzes financial and related data to determine the general creditability of the prospect and the merits of the specific loan request; establishes and negotiates the terms under which credit will be extended, including the costs, repayment, and collateral requirement.
- Monitors individual sales performance versus objectives on a regular basis; discusses performance with appropriate supervisor on a frequent basis.
- Maintains a working knowledge of Bank operating policies and procedures which impact commercial services.
- Achieves goals assigned to the Commercial Loan Officer as part of the Lending Division’s annual operating plan.
- Responds to inquiries relating to his/her particular area, or to requests from customers, other bank personnel, etc., within given time frames and within established policy.
- Provides sales information on a timely basis in order that this information may be included as part of customer service and sales performance reports.
- Maintains appropriate records and provides assigned reports.
- Communicates with department management, other department managers, and appropriate staff personnel in order to integrate goals and activities.
- A B.S. or B.A. degree in a related field normally required; specialized banking education and training.
- A minimum of two (2) to four (4) years' experience in related positions normally required.
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Seniority level
Entry level -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Banking
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