VP/Commercial Banker
Alexandria, MN (Unknown)
Posted 4 months ago
Top 1% of applicants do these two things.
The other 99% submit and hope. You're about to do something different.
Job Summary
Own the end-to-end commercial lending process from prospect evaluation and credit structuring to loan documentation, monitoring, and business development.
- Lead underwriting and presentation to Loan Committee.
- Drive ongoing credit monitoring and relationship development.
Job Description
Responsibilities
- Interview prospective small, midlevel and large business loan customers in an effort to make a preliminary determination as to the nature and feasibility of the credit request.
- Assist in the analysis of financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request.
- Establish and negotiate, where necessary, terms under which the credit could be structured, including the costs, repayment methods and collateral requirements.
- Assist in the preparation of the Loan Committee Presentation and required supporting documentation. This package must be prepared in accordance with the standards established in the loan policy.
- Present to the Loan Committee for review and approval all loans in excess of the individual lending authority. This individual shall serve as a voting member of loan committee.
- Provide guidance to the loan document representative and commercial lending assistant in preparation of loan documentation.
- Monitor credit facilities once they are booked. Assess interim financial information, borrowing base reports and other supporting documentation. Assist in the collection of past due loan payments and must utilize support staff to obtain required information and to resolve file technical exceptions.
- Administer all problem credits, implementing the goals and objectives established and agreed upon through the completion of a problem workout strategy.
- Actively engage in business development. Bankwide goals for business development will be established through biweekly business development meetings. In this context, business development includes ongoing contact with existing commercial customers.
- Active involvement in community and civic affairs.
Requirements
- B.A. in accounting, finance, business administration or related field.
- At least three years of direct commercial lending experience with a combination of analyst and underwriting experience preferred.
- Experience in marketing to mid-market companies.
- Working knowledge of loan documentation.
- Above-average written and communication skills.
- Proficiency with computer technology.
- Ability to deal with multiple tasks and deadlines.
- Effective time management and organizational skills.
Benefits
- In addition to salary, Bell Bank offers a comprehensive benefits package including, healthcare, (medical, dental, vision) employee stock ownership program, and 401(k) contribution and profit-sharing plan. All benefits are subject to eligibility requirements.
BELL BANK
People matter at Bell Bank – and it shows in how our team members treat each other, our customers and those around us. As members of the Bell Bank family, we provide unequaled personal service, working in the best interest of those we serve. Our award-winning workplace promotes success, recognizes achievement – and offers an environment focused on having fun while helping others. At Bell, we build careers. We build community. We positively impact lives around us. Employees are actively encouraged to volunteer (receiving 16 hours of paid volunteer time annually), and our unique Pay It Forward initiative has empowered more than $17 million in employee giving to people and causes we care about. Founded in 1966 and headquartered in Fargo, North Dakota, Bell has grown to become one of the nation’s largest independently owned banks. A family- and employee-owned company, Bell has full-service bank locations in North Dakota, Minnesota, and Arizona and mortgage offices in multiple states.Bell Bank is a Member FDIC, Equal Employment Opportunity Employer and an Equal Housing Lender (we lend without regard to race, color, religion, national origin, sex, handicap or familial status). Investment and wealth management services are not FDIC insured, have no bank guarantee, may lose value, not a deposit and not insured by any federal government agency. Bell Insurance Services, LLC is a wholly owned subsidiary of Bell Bank. Products and services offered through Bell Insurance are: Not FDIC Insured | No Bank Guarantee | May Lose Value | Not A Deposit | Not Insured by Any Federal Government Agency
