Commercial Loan Officer Job at Prospect Bank, Lawrenceville, IL

NmNMTWhKZVFQYjZYYVoxN2ltdlJoVFpXTXc9PQ==
  • Prospect Bank
  • Lawrenceville, IL

Job Description

Commercial Loan Officer Region: 06 – Terre Haute Reports To: President & CEO FLSA Status: Exempt Summary The Commercial Loan Officer (CLO) builds and maintains strong customer relationships while guiding applicants through the loan process—from application to closing and beyond. This role requires a solid understanding of commercial loan programs, underwriting principles, and deposit products to provide comprehensive banking solutions. The CLO ensures compliance with federal regulations and supports long-term portfolio growth. Key Responsibilities

  • Develop and maintain commercial lending relationships.
  • Collect and analyze financial information to support loan decisions.
  • Monitor credit quality and ensure adherence to bank standards.
  • Manage past-due loans, loan file exceptions, and delinquent collections.
  • Recommend charge-offs and oversee recovery of charged-off loans.
  • Ensure compliance with all applicable banking regulations.
  • Coordinate and develop loan products aligned with bank goals.
  • Maintain customer confidentiality and information security.
  • Assist with training and professional development for lending staff.
  • Prepare monthly loan portfolio reports for the Board.
  • Complete additional duties or projects as assigned by the Board or CEO.
Qualifications
  • Bachelor’s degree or equivalent experience (MBA preferred).
  • Minimum 5 years of related experience in commercial, consumer, and mortgage lending.
  • Strong critical thinking, problem-solving, and communication skills.
  • Knowledge of portfolio management, rate structures, and risk assessment.
Member FDIC Equal Opportunity Employer – We celebrate diversity and are committed to creating an inclusive environment for all employees. recblid aa6piv1a938e4in3ssmuqicivy9r5v

Job Tags

Similar Jobs

Hire Dynamics

Forklift Operator Stand Up, Reach, Cherry Picker and EPJ Job at Hire Dynamics

 ...Hire Dynamics is hiring experienced forklift operators in McDonough, GA. Shift is 4 p.m. 2:30 a.m. Monday Thursday (only...  ...are not limited to: Operate Order Picker (Cherry Picker), Reach Trucks, Stand Up Forklift & Electric Pallet Jacks, Clamp Trucks Meet or... 

Providence Service

Clinical Research Coordinator Job at Providence Service

 ...Description Under the supervision of the Medical Office Administrator, the Clinical Research Coordinator oversees the day to day functions of multiple clinical research studies. This role is responsible for interfacing with the Principal Investigator, Patient, Sponsor... 

Four Point Getaways

Work from Home Booking Agent Job at Four Point Getaways

 ...About the job Work from Home Booking Agent We are looking for candidates who have strong interpersonal and communication skills...  .... Have a laptop or desktop computer. This is an entry level position for those looking to enter the field of Travel Advisory... 

ACS Auto Club Services, Inc.

Travel Agent - Venice, FL Job at ACS Auto Club Services, Inc.

 ...at the time of application. Ready to turn your sales skills into a career you love? Join AAA- The Auto Club Group as a Travel Sales Agent and help clients plan unforgettable vacations no prior travel experience needed. Were looking for driven, people-focused... 

Hirewell

Director of Procurement Job at Hirewell

 ...Job Description Head of Procurement Location: Hybrid | Bloomfield Hills, MI (near Detroit) Compensation: Around $150K base + bonus | $200K OTE We are seeking a seasoned Head of Procurement to lead procurement strategy and operations across commercial MEP...