Commercial Banking Officer
Company: Bank of the Pacific
Location: Vancouver
Posted on: May 24, 2023
|
|
Job Description:
Reviews lists, records, newspapers, networking opportunities,
and other sources for business development leads.Develops new
prospects and customers for the financial institution by
maintaining an organized business development effort including but
not limited to calling on new and existing clients, utilizing a
contact management program, and planning and documenting calls as
appropriate.Conducts other business development activities such as
but not limited to joint calling with branch staff and product
specialists, attending community and networking events, organizing
events, publishing tombstones, and issuing newsletters.Interviews
applicants for commercial banking services, both credit and
non-credit services.Discusses client needs, problems or complaints
with client relationship stakeholders.Evaluates potential customer
loan requests and makes loan recommendations to management as
appropriate. Analyzes and screens credit requests for all types of
loans, utilizing all relevant information to determine client and
prospect credit repayment capabilities. Reviews new laws,
regulations, and policies that influence commercial lending within
the financial institution and incorporates these as
appropriate.Presents credit requests to management as appropriate
or required by policy, by writing approval, problem credit, and
other forms of loan memoranda.Presents non-credit and credit
products to prospects and clients and refers client and prospects
to other product specialists as appropriate including cash
management, private banking, investment, branch, and other
personnel.Negotiates credit terms, such as costs, loan repayment
methods and collateral, including customer pricing for products
sold as consistent with policies and procedures, and to be
competitive with the market.Packages loans for prospects and
clients, and recommends loan terms and conditions, and packages
non-credit services, or directs supporting staff in such activities
as appropriate. Ensures document accuracy relative to approved
credit facilities. Corresponds with legal counsel or other agents,
as appropriate, and as necessary.Monitors client performance versus
that expected, documenting material variance and information, and
making risk rating changes as appropriate. Includes but is not
limited to the timely follow-up of financial reporting, covenant
checks, and borrowing base review. Takes action regarding expiring
notes in advance of maturity; collects past due payments quickly;
and engages on other activities to maintain the credit quality of
loan portfolio.Engages junior Commercial Banking Officers, Credit
Analysts, Documentation Specialists, and Commercial Administrative
Assistants as appropriate in the writing of loan memoranda,
analyzing of data, completion of documentation, and risk management
activities as routine among those activities essential to the
development and risk management of commercial accounts.Manages
large or complex commercial relationships, as needed, and counsels
customers and prospects on banking and non-banking strategies.In
some instances, maintains and enhances information base on local
and national economics or industries, as well as other concerns,
that would impact the financial institution's lending
activities.Portfolio focus may be industry specific (such as
agriculture, real estate, natural resource, or others).Other
duties, in addition to those above, may be assigned by
management.Education/Knowledge/Skills & AbilitiesBachelor's degree
or equivalent in Finance, General Business or Accounting -
desirable2 - 3 years related job experience;Prior credit experience
within a banking environment is desirable;Understanding of
collateral requirements with general exposure to
documentationKnowledge of credit investigationsUse of bank standard
word processing software and spreadsheet software with strong
understanding of multiple math formulas.General communication (oral
and written); clear voice communication; business telephone
etiquette; distribute and exchange information with others;
interaction with managers, employees, regulatory agencies, industry
peers, customers, communicate/work with confidential information;
compose draft written materials, correspondence/memoranda, reports,
publications.Sound reasoning and judgement skillsExceptional
interpersonal and rapport building skillsHighly OrganizedAttention
to DetailKnowledge RetentionPhysical and Mental
Requirements:General office environmentMay be necessary to work
extended hoursPeriodic travel requiredAbility to perform repetitive
finger, hand, and arm movementsAbility to lift up to 20lbs.Ability
to sit or stand for extended periods of timeAbility to reach,
squat, bend, and manually manipulate standard office equipmentOur
Mission is simple, to be the best Bank for our employees,
customers, investors and community.At Bank of the Pacific, we are
committed to delivering memorable service beyond the customer's
expectation, to include both external and internal customers. We
consistently demonstrate our values through teamwork, open
communication, integrity, honesty and respect for others.
Additionally, we will maintain a professional appearance through
dress, conduct and an orderly work area. A successful candidate
will possess these qualities and be enthusiastic, professional and
of high ethics. They will embrace our Mission, Vision and Values
and actively contribute to our success.Our Core Values - We Care.
We consistently demonstrate this through:Teamwork and open
communication Integrity, honesty and respect for others Enthusiasm
and positive recognition Professionalism, initiative and innovation
Accountability, focused action and timely follow-through Commitment
to make our company a successFor your Benefit We Offer:Salary range
for this position is $100,000 to $155,000 per year. The specific
salary offered will depend on several factors including but not
limited to applicant's knowledge, skills and experience relevant to
the position.Eligible to participate in annual incentive plan.We
offer a comprehensive healthcare benefit package that includes:
Medical, Dental, Vision, EAP, LTD, STD, Group Life, VTL, AD&D,
FSA, DCAP, LFSA, and HSA.Retirement Savings Plan through 401(k)
with an additional Roth 401(k) option. We match 100% of your
deferral up to 5% of eligible compensation.Wellness Dollars up to
$500 per year.Weekend Wellness Hours, 4 per quarter.Paid Birthday
and Anniversary Holiday11 paid Holidays per YearSick Leave Time -
Earn up to 8 days each YearVacation - 17 days each Year (first year
adjusted based on hire)Vacation Purchase PlanTuition
ReimbursementEmployee Banking Privileges and Special Loan
Features.All employees are responsible for internal controls in the
performance of their assigned duties. Internal Control
responsibilities are established in various policies, procedures,
and documents including the Code of Conduct.Bank of the Pacific is
an Equal Opportunity Employer committed to diversity in the
workplace. All qualified applicants will receive consideration for
employment without regard to race, color, religion, sex, sexual
orientation, gender identity, national origin, citizenship, marital
status, age, disability or protected veteran status.Salary Range
Disclaimer:The base salary range represents the minimum and the
maximum of Bank of the Pacific's salary range for this position.
Actual salaries will vary depending on factors related to business
needs and the employee's relevant knowledge, qualifications,
experience, and job performance for the position.
Keywords: Bank of the Pacific, Vancouver , Commercial Banking Officer, Accounting, Auditing , Vancouver, Washington
Click
here to apply!
|