Senior Commercial Loan Officer - job 1 of 5

As a Senior Commercial Loan Officer in Champaign, IL, your primary responsibilities will include developing new loans, managing an existing loan portfolio, and identifying opportunities to cross-sell various commercial banking services. You'll play a critical role in building and nurturing client relationships while proactively working to meet both individual and team business goals.

To qualify for the Senior Commercial Loan Officer position, candidates typically need a Bachelor’s degree in Business, Accounting, or Finance, along with at least 5 years of experience in commercial lending. Familiarity with bank regulations and strong business development skills are also essential to succeed in this role.

Senior Commercial Loan Officers at this position can expect competitive wages along with a comprehensive benefits package including health insurance, dental, vision, a 401k plan, and vacation. Furthermore, incentives based on loans closed will also add to the overall compensation, rewarding your success and hard work.

Yes, the financial institution is open to considering relocation for qualified candidates interested in the Senior Commercial Loan Officer role. If you’re passionate about making a difference in the community and have the relevant experience, don’t hesitate to apply.

This company prides itself on maintaining a collaborative culture that values teamwork and employee engagement. They focus on achieving ongoing success together, ensuring that their Senior Commercial Loan Officers feel supported and appreciated for their contributions within the organization.

When discussing your experience in commercial lending, focus on specific roles and responsibilities you’ve held. Highlight your track record of success in loan origination, portfolio management, and your ability to develop new client relationships.

Explain your proactive approach to business development. Discuss techniques such as networking, relationship-building with existing clients, and targeting new prospects through local community involvement or industry events.

Detail your methodologies for assessing creditworthiness, including analyzing financial statements, understanding cash flow, and evaluating credit reports. Emphasize your experience with risk assessment and financial analysis.

Share a specific scenario that highlights your problem-solving abilities. Discuss the steps you took to mitigate risks associated with the loan and how you communicated with stakeholders throughout the process.

Speak to your knowledge of relevant regulations such as Dodd-Frank and loan underwriting standards. Highlight any training you have received related to compliance and how you ensure adherence to regulations in your work.

Illustrate your belief in the importance of teamwork within a commercial banking context. Give examples of how collaborative efforts have led to successful outcomes in past roles, encouraging mutual support among colleagues.

Emphasize your time management skills and strategies for prioritizing tasks. Discuss how setting boundaries and allocating time for personal interests helps you stay focused and productive at work.

List the specific loan origination and management systems you've used. Mention any experience with CRM tools or financial analysis software that enhances your efficiency as a Senior Commercial Loan Officer.

Discuss your commitment to continuing education, including attending industry conferences, subscribing to financial news outlets, or participating in trade organizations, such as those that focus on commercial banking.

Express genuine interest in the company and its community-focused approach. Discuss what specifically excites you about joining their team, such as their company culture, growth opportunities, or community involvement strategies.