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Granite Bank · 1 day ago

Commercial Loan Officer

Champlin, MN

Full-time

Onsite

Mid Level

$100K/yr - $150K/yr

3+ years exp

Granite Bank is one of the fastest-growing banks in Minnesota, dedicated to helping people achieve their financial goals. The Commercial Loan Officer will provide customized financial solutions to businesses, focusing on understanding client needs and fostering strong community relationships.

FinanceFinancial ServicesMortgage

Hiring Manager

Kaylie Lindsay, MBA

Responsibilities

Actively prospect, develop and manage new commercial business lending opportunities by networking, relationship-building, and leveraging community ties. Attend industry events and collaborate with different departments

Review financial statements, tax returns, business plans, and other relevant documents to assess the creditworthiness of potential clients, making informed decisions on loan structuring

Design and propose flexible, business-specific loan solutions that meet the needs of our clients while ensuring compliance with Granite Bank’s lending policies and industry regulations

Build and maintain lasting relationships with clients through consistent communication, proactive customer service, and deep understanding of their business goals

Work closely with Granite Bank’s departments to ensure efficient loan processing and maintain a smooth experience for customers

Research market trends and local economic conditions to identify risks and new business opportunities for Granite Bank

Conduct thorough risk assessments of potential and existing loans to identify and mitigate risks. Monitor loan performance regularly and implement risk management strategies to ensure loan quality

Ensure compliance with internal policies, regulatory requirements, and industry best practices at every stage in the lending process

Qualification

Commercial lending processesCredit risk managementFinancial analysisBusiness developmentAnalytical skillsProfessionalismCommunication skillsTeam collaboration

Required

Bachelor's degree in Finance, Business Administration, or a related field

3-5 years of experience in commercial lending, credit analysis, business banking or a related financial role

Proficient in analyzing financial statements, cash flow projections, balance sheets, and other key financial data

In-depth understanding of credit risk management principles, including assessing and mitigating risks

Strong knowledge of commercial lending processes, including financial analysis, credit risk assessments, loan structuring, and documentation

Proven ability to identify and pursue new business opportunities, establish and nurture long-term client relationships, and meet or exceed sales targets

Outstanding verbal and written communication skills

Strong analytical and critical thinking skills

Highly skilled in working collaboratively with cross-functional teams in a fast-paced, deadline-driven environment

Demonstrates the highest level of professionalism, integrity, and ethical conduct in all client and colleague interactions