Centennial Bank · 18 hours ago
Commercial Loan Officer III
Panama City, FL
Full-time
Onsite
Senior Level
6+ years expCentennial Bank is seeking a Commercial Loan Officer III to extend credit within established policies and guidelines. The role involves assessing customers' financial needs, administering creditworthiness, managing loan portfolios, and ensuring compliance with laws and regulations.
BankingFinanceFinancial Services
Responsibilities
Assigning the proper credit rating to loans as defined in this policy at origination and as conditions may change with the normal credit monitoring process
It is expected that officers should be the first to recognize and report deterioration in the credit quality of a loan or borrowing relationship
Early identification of problem loans is imperative to minimizing losses
Recommending approval and administer workout programs for problem loans
Recommending approval and monitor levels of reserves established for loans serviced by the officer
Administering the collection process either internally or with bank counsel complying with all laws and regulations
Protecting depositors' funds and stockholders' equity
Generating earnings for the bank and its stockholders
Promoting and maintain a favorable image for the bank
Interviewing loan applicants and makes credit decisions
Responsible for developing new business and managing existing portfolio
Responsible for collecting past due loans, keeping credit and collateral exceptions within policy ranges
Manages a portfolio of loans and may coordinate collection efforts
Interviews commercial loan applicants. This duty is performed daily, about 10% of the time
Examines and evaluates applicants credit and financial history. This duty is performed daily, about 10% of the time
Examines/Views collateral (if applicable) to determine adequacy. This duty is performed daily, about 10% of the time
Authorizes or recommends approval/denial of applicant. This duty is performed daily, about 10% of the time
Approves loan within specified limits or refers to appropriate approval level. This duty is performed daily, about 5% of the time
Prepares loan offering memorandum. This duty is performed daily, about 10% of the time
Ensures all loan documents are complete, accurate and in accordance with policy. This duty is performed daily, about 5% of the time
Closes/Declines loans in a timely manner. This duty is performed daily, about 5% of the time
Monitors loan portfolio/performance. This duty is performed daily, about 5% of the time
Corresponds with customers. This duty is performed daily, about 10% of the time
Recommends changes in risk rating. This duty is performed daily, about 5% of the time
Collects past due loan payments. This duty is performed weekly, about 5% of the time
Develops potential loan markets and loan prospects. This duty is performed daily, about 5% of the time
Completes required BSA/AML training and other compliance training as assigned. This duty is performed annually, about 5% of the time
The ability to work in a constant state of alertness and in a safe manner
The position may require the use of a vehicle to service customers, administer or participate in civic events, commute to company-owned properties, commute to company-related places of business, or any other purpose considered necessary to the job. Therefore, this position is classified as a safety sensitive position
Perform any other related duties as required or assigned
Qualification
Required
Broad knowledge of such fields as accounting, marketing, business administration, finance, etc
Equivalent to a four year college degree
6 years related experience and/or training
5 years related management experience
Equivalent combination of education and experience
Company
Centennial Bank
Centennial Bank offers businesses, investors, and municipalities a wide range of commercial, retail banking, and related financial services.
1001-5000 employees
H1B Sponsorship
Centennial Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2021 (1)
Funding
Current Stage
Late StageLeadership Team
Arlene Lovelace
SVP, Chief Human Resources Officer
Brandon Cass
SVP, Chief Information Security Officer
Recent News
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