Sep 06, 2024
Job Title: Commercial Loan Officer
Summary: The Commercial Lending Officer is responsible for providing support, direction, credit information, and loan policies and procedures to ensure the overall quality of the Bank's lending portfolio. Duties include calculating the Allowance for Loan and Lease Loss Reserve (ALLL) and making recommendations to executive management and the Board of Directors for monthly allocations to the Loan Loss Reserve. Reviews and approves/declines large and complex loans prior to submission to Loan Committee. This position will set policies and procedures regarding lending activities, ensure adherence to federal regulations and establish goals for long-term portfolio growth.
Essential Duties and Responsibilities:
Collect and analyze financial information to support loan approval/denial decisions.
Pays particular attention to credit quality and making sure the bank stays within or under the quality standards set for the Bank.
Responsible for overseeing...
Prospect Bank
Terre Haute, IN, USA