Commercial Loan Manager

Wichita Falls, Texas
Banking (Business and Financial Operations Occupations)
Job Type
Working Hours
7:30 AM - 6:00 PM
US$ 50,000 per year
Ref. Number
Martin, Brittany, Spherion
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Job Description

Originates, manages and supervises a portfolio of commercial loans, with the overall objective of maintaining and
increasing the asset quality by developing new and existing business relationships. Maintains a good outside working
relationship/image with community business owners and promotes products and services.

1. Participates in developing lending and deposit business. Calls on clients to expand existing business, calls on
prospects seeking opportunities to expand the client base. Actively engages in business
development and civic initiatives with contact throughout the community.
2. Interview loan applicants, gather required documents to fully underwrite and document credit requests. Reviews
customer financial condition and assess the members ability to re-pay the loan. Makes underwriting decisions
within approval authority or makes recommendations to management/Member Business Loan Committee.
Completes or directs completion of all loan documents and closes loan.
3. Establishes the structure of the loan, including pricing, terms and duration in accordance with the member
relationship and credit union policies.
4. Approves loan within established limits or refers loan to the Member Business Loan Committee. Verifies loan
agreements are complete and accurate according to policy.
5. Monitors existing loan portfolio to maintain a high-quality asset base. Maintains up-to-date client files including
current balance sheets, profit and loss statements, cash flow projections and all loan documentation.
6. Analyze business financial statements and income tax statements to determine financial standing annually.
Responsible for ongoing portfolio management or relationships including identification and documentation of
problem loans, policy exceptions, grade changes, annual reviews, watchlist reviews and/or special reviews that
may be required.
7. Will review and make recommendations for the Member Business Lending Policy annually.
8. Collection of past due loans. Maintains quality to minimize exception and to prevent past dues and charge offs.
9. Must comply with all credit union policies and procedures, applicable laws and regulations, including but not
limited to the Bank Secretary Act, US Patriot Act and the Office of Foreign Asset Control.
10. Answer incoming calls as needed by being logged into the call group.
11. Attend all mandatory staff and department meetings as scheduled.
12.Other duties as may be assigned.

Working hours: 7:30 AM - 6:00 PM

A minimum of two to five years of experience in commercial lending or commercial products; The ability to motivate
senior personnel on matters relating to the Commercial Lending industry, requiring a significant level or expertise,
credibility, influence, and trust; Flexible and professional when dealing with staff, management, and external business
partners. Must have thorough knowledge of Business Lending's policies and procedures. Cash flow analysis experience

High School

4-7 years

Must be willing to submit to a background check and drug screen. Please send resumes to

Spherion has helped thousands of people just like you find work happiness! Our experienced staff will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temp-to-perm or direct hire opportunities, no one works harder for you than Spherion. EEO Employer: Race, Religion, Color, National Origin, Citizenship, Sex, Sexual Orientation, Gender Identity, Age, Disability, Ancestry, Veteran Status, Genetic Information, Service in the Uniformed Services or any other classification protected by law.

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