Overview
We are seeking a dedicated and knowledgeable Business Banking Development Officer to join our dynamic team. The ideal candidate will have a strong background in financial sales, underwriting, and credit analysis, with a passion for helping clients navigate the loan process. As a Business Banking Development Officer, you will be responsible for building both commercial and retail relationships, evaluating and approving loan applications, providing exceptional customer service, and ensuring compliance with all relevant regulations.
Responsibilities
- Interview prospective commercial and consumer loan customers and assess and analyze loan applications to determine creditworthiness and eligibility.
- Conduct thorough credit analysis and underwriting to evaluate risk factors.
- Guide clients through the loan process, explaining options and answering questions.
- Ensure compliance with Fair Housing regulations and other legal requirements.
- Maintain up-to-date knowledge of FNMA, HMDA, and other pertinent lending guidelines and banking standards.
- Collaborate with other financial professionals to facilitate smooth loan processing.
- Build and maintain relationships with clients, real estate agents, and other stakeholders to generate new business opportunities.
- Ensure compliance with the Bank Secrecy Act.
- Monitor loan portfolios and follow up on late payments and documentation exceptions
- Other duties as required
Experience
- Proven experience in financial sales as a Loan Officer is preferred.
- Successful experience with developing a lending portfolio
- Familiarity with loan processing procedures and underwriting standards is essential.
- Strong analytical skills with the ability to perform detailed credit analysis.
- Proficient in using accounting software and tools relevant to the lending industry.
- Knowledge of Fair Housing regulations and compliance requirements is a plus.
- Excellent communication skills, both verbal and written, with a customer-focused approach.
- Ability to work independently as well as part of a team in a fast-paced environment.
- Experience complying with the Fair Credit Standards Act as well as other lending regulations
This Job Description describes the general nature and level of work performed by the individual assigned to this position and should not be interpreted as all-inclusive. It does not state or imply that these are the only duties and responsibilities assigned to the position. The employee may be required to perform other job- related duties. All requirements are subject to change and to possible modification to reasonably accommodate individuals with a disability.
This job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the employer and requirements of the position change.
Providence Bank is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC
Join us in making a difference in our clients' financial journeys while advancing your career in the lending industry!
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Education:
Experience:
- Lending: 5 years (Required)
- Sales: 5 years (Required)
Language:
License/Certification:
Work Location: In person
