Job Brief
The Commercial Lender plays a crucial role in evaluating, authorizing, and recommending approval for various types of commercial loans, including real estate and credit loans. This position requires a strong understanding of lending processes, financial analysis, and risk assessment. The ideal candidate will possess excellent communication skills to advise borrowers on their financial status and payment methods, ensuring a seamless lending experience. Previous experience in commercial lending or related financial services is essential, alongside a proven track record of fostering strong client relationships.
Responsibilities
- Evaluate loan applications and financial statements to assess creditworthiness.
- Authorize or recommend approval of commercial, real estate, and credit loans.
- Conduct thorough financial analysis and risk assessments to mitigate lending risks.
- Advise borrowers on their financial status, loan products, and payment methods.
- Prepare loan documentation and ensure compliance with regulatory requirements.
- Maintain strong relationships with clients, ensuring continued business and referrals.
- Collaborate with internal teams to streamline the loan approval process.
- Stay updated on market trends and lending policies to adapt strategies accordingly.
Requirements
- Bachelor’s degree in finance, business administration, or a related field.
- Minimum of [X] years of experience in commercial lending or financial services.
- Strong analytical skills and proficiency in financial modeling and credit analysis.
- Knowledge of commercial real estate lending practices and regulations.
- Excellent communication and interpersonal skills for client interaction.
- Proficient in loan origination software and financial analysis tools.
- Ability to work independently and manage multiple loan applications simultaneously.
- Relevant certifications (e.g., Certified Commercial Lender) are a plus.
Similar Job Titles
- Commercial Loan Officer
- Real Estate Loan Officer
- Credit Analyst
- Loan Underwriter
- Loan Servicing Officer
- Business Loan Specialist
- Mortgage Loan Officer
- Collection Analyst
