AVP/Centralized Lending Officer I
Job Code: HBC 25-13
The AVP/Centralized Lending Officer I acts as one of the Bank’s Consumer Loan Officers for HELOC and Ready Reserve Accounts. The Centralized Lending Officer I examines, evaluates, underwrites, and recommends credit decisions on client applications for consumer loan products (HELOC, Ready Reserve, Convenience LOC, Reward LOC, and Auto Loans); and retail small business loan requests, specifically the Centralized Lending Business Products, CELOCs, and CE Term Loans. The AVP will also assist with processing credit card applications.
Pay Range:
Base Compensation is dependent upon role, experience, and skill set: Min- $74,663/yr Max- $124,438/yr
Primary Responsibilities:
- Requests specified financial information for loan application packages.
- Orders credit reports, UCC searches, good standing searches, appraisals, flood searches, and title reports.
- Accurately spreads and analyzes financial statements of prospective and existing borrowers to determine feasibility of granting loan.
- Works closely with Account Officers to obtain corporate history, and to resolve questions regarding application information.
- Effectively underwrites loan applications in a timely manner adhering to credit policies and specific product guidelines.
- Presents credits to Chief Credit Officer, Executive Loan Committee, and/or Directors’ Loan Committee for approval, if required.
- Orders and audits loan documentation for approved loan applications presenting assembled doc package to Account Officers for doc signing.
- Monitors borrowers’ financial condition for compliance with loan covenants.
- Maintains and services retail loan portfolio by working closely with Account Officers in order to be responsive to changing borrowing needs and by renewing and/or amending existing loan commitments in a timely manner.
- Identifies and communicates risk grade changes based on financial statement review.
- Act as a Bank representative at civic and/or industry meetings or functions.
- Perform all other duties and special projects as assigned
Qualifications:
- Bachelor’s Degree (B.A. or B.S.) from four-year college or university or equivalent work experience
- A demonstrated record of success with 2+ years of credit and underwriting experience
- MLO designation with NMLS Registration for HELOC Processing
- Strong foundation in financial statement analysis and auditing principles, including loan documentation and consumer lending compliance
- Knowledgeable in Microsoft Word, Excel, and database software
- Effective communication skills in presenting information in one-on-one and small group situations to customers and other employees of the organization
- Displays a client-driven attitude with the ability to engage customers, build personal connections, and exhibit professionalism
- Proven time management and problem solving skills with the ability to organize, prioritize, and handle multiple tasks and make necessary decisions within a fast paced environment
- Demonstrates initiative and the ability to work in an autonomous manner
- Travel by car may be required to meet with clients or prospects at their place of business
Compliance Responsibilities:
The employee is responsible for ensuring compliance with all aspects of job related laws and regulations and must maintain current compliance knowledge by attending compliance related training seminars and staff meetings and by reading pertinent compliance related materials.
Job related laws and regulations include, but are not limited to the following: Bank Secrecy Act (BSA); Office of Foreign Asset Control (OFAC); Vendor Management; Information and Data Security; and SEC regulations related to corporate governance and disclosure.
Heritage Bank of Commerce is an Equal Opportunity Employer committed to diversity and inclusion. We do not discriminate on the basis of race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, marital status, genetic information, disability, Veteran status, or any other characteristic protected by Federal, state or local laws.