Business Loan Manager
2 weeks ago
In this role as Business Loan Manager, you will be responsible for evaluating loan applications, conducting credit risk assessments, and negotiating loan terms. A strong understanding of commercial loan underwriting and credit risk assessment is essential, along with excellent analytical and financial modeling skills.
Responsibilities and Expectations
- Evaluate loan applications and conduct thorough credit risk assessments.
- Analyze financial statements, cash flow projections, and collateral valuation to assess creditworthiness and determine loan viability.
- Negotiate loan terms and conditions with clients.
- Develop and maintain strong relationships with clients and referral sources.
- Collaborate with internal stakeholders to ensure compliance with loan policies and regulations.
- Prepare comprehensive loan proposals and present recommendations to loan committees.
- Assist clients with loan documentation and closing processes.
- Monitor loan performance and take proactive measures to address delinquencies or defaults.
Requirements and Qualifications
- Bachelor's degree in Business, Finance, or a related field.
- A minimum of 3 years of experience in commercial lending.
- Strong knowledge of commercial loan underwriting and credit risk assessment.
- Excellent analytical and financial modeling skills.
- Strong understanding of loan documentation and legal requirements.
- Effective communication and negotiation skills.
- Ability to work independently and as part of a team.
- Strong attention to detail and organizational skills.
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