COMMERCIAL LENDER

Company: First Western Bank & Trust
Location: Eden Prairie
Posted on: May 9, 2022

Job Description:

Job Description First Western Bank & Trust was founded in 1964 and is a full-service financial center. We provide traditional banking products, trust services, insurance, leasing, and much more. Technology and innovation drive us to be industry leaders to provide premier products and services to our customers. This position is location in our Eden Prairie office. Our team enjoys proximity to walking trails, food, and shopping in the Eden Prairie area. This is a great opportunity for the right candidate Commercial Lender Exempt, Officer Position Overview Develop new commercial loan business for First Western Bank & Trust through securing, structuring, and closing loans. Maintain and service existing commercial lending portfolio. Essential Job Functions Conduct sales calls and meet with prospective and existing customers to establish new loan business Represent the bank in local community at meetings and events to market the bank---s products and services Administer individual loan portfolio including commercial and other assigned loans Interview loan customers to determine lending needs Work with the Small Business Administration and Bank of North Dakota to qualify customers for participation lending programs Negotiate direct lending terms as well as collateral and payment structures Maintain customer relationships through regular communication and follow up contact Meet with customers to request information for loan applications, including appraisals, credit reports, background checks and other information needed for loan evaluation Compile financial information including income tax records, balance sheets and other data to create loan spreads Analyze applicant financial status and conduct collateral evaluations to make lending decisions Approve credits and prepare those that exceed limits for Board approval Assemble and maintain complete loan files Conduct loan reviews on existing customers annually Collaborate with management on loan policies and procedures and make recommendations for improvement Participate in the bank---s loan committee Review loan reports to determine the status of payment and work with customers to collect outstanding balances Ensure documentation is in compliance with bank policy as well as State and Federal Regulations Maintain continuing education related to lending certification and compliance standards Remain up-to-date with banking laws, regulations and the Bank---s policies and procedures, including Bank Secrecy Act compliance Conduct site visits and collateral inspections as necessary Qualifications Bachelor---s degree in business or finance related field 5 years--- experience in bank lending, loan review, compliance or finance Strong understanding of financial statements and credit standards Knowledge of business management principles preferred Skills/Abilities Excellent oral and written communications skills Demonstrate professionalism in working with the public and all levels of management Ability to define problems, facts and draw valid conclusions Strong analytical, problem solving and decision making skills Computer proficiency, especially in Microsoft Excel First Western Bank & Trust is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin or veteran status.

Keywords: First Western Bank & Trust, Eden Prairie , COMMERCIAL LENDER, Accounting, Auditing , Eden Prairie, Minnesota