Commercial Lender

SUMMARY

The position of Commercial Lender is responsible for soliciting, negotiating, underwriting and coordinating the closing of complex equipment, buildings, manufacturing facilities as well as commercial real estate in compliance with Sauk Valley Bank’s lending policies and procedures. Further, the Commercial Lender will develop business checking and deposit relationships with customers.

In addition the Commercial Lender assures compliance with all SVB policies and procedures, as well as, all applicable state and federal banking regulations.

• Engages in business development activities and solicitation of new business
• Interviews prospective loan applicants and requests specified information related to loan and credit application
• Performs pre-qualification assessment and analysis of financial condition and risk of financing requests within the framework of SVB’s credit culture and current economic and industry trends
• Gathers and analyzes all information necessary to present a financing request to senior management and/or Loan Committee for approval
• Meets with existing or potential customers, visits loan sites, negotiates loan terms and conditions, approves loans within established lending limits and recommends acceptance to the Loan Committee
• Ensures credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning is achieved
• Ensures that certification or deletion of collateral is made by the appropriate personnel
• Negotiates, underwrites and processes renewals of credit facilities
• Serves as a member of the Officer’s Loan Committee and regularly attends Director’s Loan Committee
• Develops and maintains knowledge of the financial industry, economy, market conditions, rates, vendors and competition
• Reviews NSF and overdraft reports for customers assigned within his or her portfolio; approves or declines such exceptions within established lending limits
• Provides deposit and loan account ratings
• Updates and corresponds with legal counsel and collectors on workouts, bankruptcies, and charge offs to ensure all possible precautionary actions or measures are taken

The position of Commercial Lender performs duties specific to the position and other functions as assigned.

The position of Commercial Lender is not responsible for the supervision of any employee(s).

The environment for this position is an open office that is mostly clean and comfortable. It may include some minor annoyances such as noise, odors, drafts, etc. The incumbent is in a non-confined office-type setting in which he or she is free to move about at will.

The incumbent in the course of performing this position spends time writing, typing, speaking, listening, lifting (up to 30 pounds), carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The incumbent in this position must be able to accommodate to reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks and constant interruptions.

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Bachelor’s degree or equivalent from a college or university; five years of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of a financial institution operations, sales or customer service background. Educational experience, through in-house training sessions,…