Columbia Bank New Jersey
Small Business Lender I
Columbia Bank New Jersey, Voorhees Township, New Jersey, United States
Overview
The Small Business Lender I analyzes and underwrites commercial loans of average complexity and dollar size, typically up to $500,000, primarily using a Quick Decision process. Responsible for approving and renewing loans within established guidelines and lending authority, developing new business relationships (lines of credit, term loans, and OORE), and maintaining an existing customer portfolio. Works with customers, prospects, and branch managers in low and moderate income areas to assist small businesses and promote the Bank within these areas. Job Responsibilities
New Loans: Interview loan applicants; gather and submit loan applications for Quick Decision loans; analyze financial data for credit worthiness and merits of loan requests; establish terms and approve loans within lending authority or recommend approval to senior management; inform customers of Bank decisions. Business Development: Develops new business by contacting potential customers, branch personnel, and COIs; follow up on leads; cross-sell Bank products and services. Loan Maintenance and Monitoring: Maintain performing commercial loans; interact with customers to maintain and enhance business relationships and process servicing needs; monitor delinquencies and evaluate problem loans; analyze benefits of restructuring or foreclosure; negotiate and rework loans or implement foreclosure actions; estimate final impact on the Bank. Reporting: Assist in the preparation of monthly, quarterly and annual reports and the forecasting of loan balances. Job and Industry Knowledge: Maintain current knowledge of local and national economic, financial, political and legislative trends; determine possible impact on commercial lending activities. Other Responsibilities: Perform other job-related duties as assigned. Job Requirements
Bachelor's degree in a related field. Formal credit training at a credited financial institution, or a minimum of 5 years at a commercial bank in a commercial banking function. Ability to travel within the Bank’s geographic operating area. Bi-lingual a plus. Computer literate; knowledge of Word, Excel a plus. Excellent organizational, follow-up, and time management skills. Decision making and problem solving skills. Knowledge of lending regulations. Excellent written and verbal communication skills. Benefits
Medical, Dental, Vision and Rx which are contributory. Bonus programs. Employee Stock Option Program (ESOP). Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD/AD&D). Paid Time Off (PTO) including Personal and Vacation Time. Paid Sick Time. Bank Holidays. Participation in 401k program. Schedule
This role is eligible for a hybrid schedule; 3 days in the office and 2 days work from home based on business need. Columbia Bank and its affiliates are Equal Opportunity Employers, including individuals with disabilities and veterans.
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The Small Business Lender I analyzes and underwrites commercial loans of average complexity and dollar size, typically up to $500,000, primarily using a Quick Decision process. Responsible for approving and renewing loans within established guidelines and lending authority, developing new business relationships (lines of credit, term loans, and OORE), and maintaining an existing customer portfolio. Works with customers, prospects, and branch managers in low and moderate income areas to assist small businesses and promote the Bank within these areas. Job Responsibilities
New Loans: Interview loan applicants; gather and submit loan applications for Quick Decision loans; analyze financial data for credit worthiness and merits of loan requests; establish terms and approve loans within lending authority or recommend approval to senior management; inform customers of Bank decisions. Business Development: Develops new business by contacting potential customers, branch personnel, and COIs; follow up on leads; cross-sell Bank products and services. Loan Maintenance and Monitoring: Maintain performing commercial loans; interact with customers to maintain and enhance business relationships and process servicing needs; monitor delinquencies and evaluate problem loans; analyze benefits of restructuring or foreclosure; negotiate and rework loans or implement foreclosure actions; estimate final impact on the Bank. Reporting: Assist in the preparation of monthly, quarterly and annual reports and the forecasting of loan balances. Job and Industry Knowledge: Maintain current knowledge of local and national economic, financial, political and legislative trends; determine possible impact on commercial lending activities. Other Responsibilities: Perform other job-related duties as assigned. Job Requirements
Bachelor's degree in a related field. Formal credit training at a credited financial institution, or a minimum of 5 years at a commercial bank in a commercial banking function. Ability to travel within the Bank’s geographic operating area. Bi-lingual a plus. Computer literate; knowledge of Word, Excel a plus. Excellent organizational, follow-up, and time management skills. Decision making and problem solving skills. Knowledge of lending regulations. Excellent written and verbal communication skills. Benefits
Medical, Dental, Vision and Rx which are contributory. Bonus programs. Employee Stock Option Program (ESOP). Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD/AD&D). Paid Time Off (PTO) including Personal and Vacation Time. Paid Sick Time. Bank Holidays. Participation in 401k program. Schedule
This role is eligible for a hybrid schedule; 3 days in the office and 2 days work from home based on business need. Columbia Bank and its affiliates are Equal Opportunity Employers, including individuals with disabilities and veterans.
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