Banking & Commercial Loan Processing Clerk jobs in Rochester, MN

Work with one of the best banks in Red Wing, MN allowing you room to grow and earn!  

As the Commercial Lender for a privately owned community bank with locations in Southern Minnesota and St. Paul, you will manage and develop a quality portfolio. The winning candidate will have commercial lending or commercial credit experience and a desire to maintain strong customer relationships while building new ones through networking and referrals.

Essential Functions:

·        Effectively manages the loan process and all aspects of the borrowing relationship-from origination to booking and collection. 

·        Act as a relationship manager to existing customers.

·        Identifies customer needs and recommends specific products and/or services.

·        Analyze, structure, underwrite, price, and negotiate credit requests based on the risk and value of the relationship. 

·        Manages credit risk in a manner consistent with the loan quality target established by the Chief Credit Officer. 

·        Accepts loan applications, analyzes financial statements and underwrites credit using Sage Works.

·        Negotiates terms, prepares written financial statement analysis for credit presentations package to Loan Committee.

·        Ensures loan agreements are complete and accurate according to policy.

·        Assures timely loan closing and funding activities / Generate fee income. 

·        Proactively identify and manage risk through careful review of customer financial statements, overdraft reports, past due loan reports, watch reports, and loan review reports. 

·        Maintain knowledge and understanding of bank's loan policies and credit administration procedures and performs all responsibilities according to these guidelines.

·        Develop and maintain knowledge of loan related compliance and documentation issues.

·        Participates on the Loan Committee (along with other committees as requested) and participates in community activities to promote goodwill and generate additional business.

·        Ensure compliance to loan policy, approval guidelines, and regulations.

Education & Experience:

·        Bachelor’s Degree from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.

·        Minimum 3 years of commercial lending/credit experience, and knowledge of commercial credit and cash management products.

Company offers an excellent base salary potential bonus with a great book of business with room to grow!  If you have a financial analyst background and interested in continuing your career in banking, let's talk!