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Job Summary:
The Commercial Lending Manager will oversee employees in the Commercial Lending division, ensuring productivity and compliance with applicable policies and standards.
Supervisory Responsibilities:
- Manages, supports, and develops Commercial Lending division and its employees.
- Interviews, hires, and trains new employees for the division.
- Conducts performance evaluations that are timely and constructive.
Duties/Responsibilities:
- Reviews commercial loans procedures on a routine basis; recommends any necessary updates or revisions.
- Oversees commercial lending process, ensuring that loan packages are properly filed with appropriate signatures, disclosures, credit authority, and supporting documentation.
- Reviews loan packages that include long-term credit provisions to ensure that adequate safeguards are included.
- Prepares and authorizes necessary lending documentation including settlement sheets, vouchers, and general ledger entries.
- Prepares weekly and monthly commercial lending reports to submit to management.
- Approves expenses associated with processing loans such as appraisals, property searches, recordings, and title insurance costs.
- Performs other related duties as assigned.
Required Skills/Abilities:
- Excellent communication skills.
- Excellent management and supervisory skills.
- Extensive knowledge of commercial banking and ability to analyze financial information.
- Proficient in Microsoft Office Suite or similar software.
Education and Experience:
- Bachelors degree required in Finance, Banking, or related field; Masters degree preferred.
- Five years of experience in commercial banking.
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
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