Commercial Loan Workout Officer jobs in Kennewick, WA

Description

Develop and manage loan accounts that meet established lending requirements and provide maximum profitability to the Bank at minimum risk.

Statement of Expectations:

Community Bank expects all employees to comply with the responsibilities of their assigned position to the highest degree of performance by:

• Adhering to the Company’s policies and supporting Management decisions and goals in a positive, professional manner.
• Representing Community Bank with a high level of integrity and professionalism.
• Maintaining knowledge and understanding of banking rules, regulations, laws and all policies and procedures pertaining to them including, but not limited to, the Bank Secrecy Act.
• Demonstrating a willingness to adapt to changing business needs and deadlines.
• Possessing a work ethic that includes neatness and punctuality.
• Exhibiting a professional, business-like appearance and demeanor.

Requirements

• Provide services for commercial loans under the guidelines of Community Bank’s loan policy including but not limited to:

o Interviewing customers seeking loans;

o Collecting and analyzing financial and related data to determine general creditworthiness;

o Rejecting or approving loans and terms within officers’ limits and established Bank policies;

o Monitoring loan repayment activities and taking necessary action to collect from past-due accounts; and

o Handling consumer/installment loans as needed.

• Conduct preliminary financial analysis’ to determine if applicants meet established minimum criteria and inform them of the outcome.  Explain alternatives, if any, to restructure loans to meet lending requirements if criteria is unacceptable.  Forward applications for further processing if needed.
• Inform prospective borrowers of loan commitment.
• Cross-sell bank services.
• Undertake special projects relating to department services as assigned by Chief Credit Officer and/or Senior Management.
• Perform field work as necessary to locate and collect delinquent loan payments or secure collateral. 
• Responsible for completing all digital, in-person and other training courses as assigned.
• Perform other duties as assigned. 

Proficiencies

• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person and over the phone.
• Solid word processing and computer database skills.
• Effective interpersonal skills with the ability to work with individuals and groups at all organization levels; ability to work independently and as part of a team.
• Ability to take initiative and prioritize tasks; good time-management, organizational, problem-prevention and problem-solving skills.
• Knowledge and understanding of banking rules, regulations, laws and all policies and procedures pertaining to them including but not limited to the Bank Secrecy Act.
• Strong analytical ability with active listening skills.
• Ability to work accurately with close attention to detail.
• Ability to maintain confidentiality of sensitive information.
• Ability to study and apply new information.

Education and Experience

• Bachelor’s degree in Business Administration or equivalent education/experience.

• Four (4) to five (5) years of lending experience.

• Possess a valid driver’s license. 

• Must be bondable.

 COMPANY BENEFITS

• Comprehensive employee benefits, including: medical, dental, vision, LTD, and life insurance, HSA contribution
• Paid vacation, sick, plus federal holidays
• 401k with employer match
• Tuition reimbursement
• Employee stock/profit sharing plan