Prevail Bank · 2 months ago
Commercial Lending Officer
Wausau, WI
Full-time
Onsite
Senior Level
5+ years expPrevail Bank is focused on providing exceptional banking services, and they are seeking a Commercial Lending Officer to originate, underwrite, and close commercial loans. The role involves maintaining customer relationships, developing new business, and ensuring compliance with lending policies and procedures.
BankingFinancial ServicesLending
Responsibilities
Maintains a portfolio of existing customers and maximizes relationships based on customer needs
Gathers and oversees compilation of all needed information for loan applications
Works in tandem with Credit Administration to request appraisals, applicant credit reports, background checks, reference checks, and other information pertinent to evaluation of loan applications
Corresponds with or interviews applicants or creditors to resolve questions and negotiate deal
Develops new business
Dedicates at least one day out of the office weekly for sales calls and a minimum of 4 hours a week coordinating and planning sales calls
Maximizes new and existing customer relationships by cross selling key deposit/fee income products/services as customer needs dictate
Facilitates negotiation with customers, both new and existing, according to established standards, such as fees, loan repayment options, and other credit terms
Refers and/or presents loans to loan committee for approval in excess of personal loan approval authority
Ensures loan agreements are complete and accurate according to policy
Assures timely loan closing and funding activities
Maintains updated loan documentation and loan files
Represents Bank in industry and professional associations, community organizations, local business groups, etc., and promotes Bank’s favorable image
Collects delinquent accounts in timely manner within Bank procedures/processes
Develops/negotiates revised loan repayment terms/schedules as necessary
Remains knowledgeable and abreast of guaranteed government loan programs and other conventional financing mechanisms as a vehicle for customers
Qualification
Required
Bachelor's degree (B.A.) from four-year college or university in the field of business, including specific courses in accounting, finance, and economics plus additional bank related training
Formal credit training
5-7 years of experience in Commercial Banking or equivalent combination of education and experience
Ability to communicate well with customers and employees, both verbal and written
Knowledge of lending regulations and policies
Problem-solving abilities
Business development/sales skills
Deals professionally with all internal and external customers and assists customers in a courteous, efficient and professional manner
Grow core branch deposits
Meet call goals per measure set annually in bonus targets
Company
Prevail Bank
Prevail Bank is a banking institute that offers banking, lending, digital baking, and financial services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
David Johns II
Chief Retail Officer
Kari Rappe
Chief Information Officer
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