Offer summary

Qualifications:

Bachelor’s degree in business or equivalent work experience required., 5-7 years of experience in commercial lending is essential., High level of analytical skills to assess loan risk and creditworthiness., Excellent written and verbal communication skills, with proficiency in Microsoft Excel and Word..

Key responsabilities:

Develop new relationships to expand the C & I customer base.

Negotiate loans and structure presentations for clients.

Monitor loan repayment activities and manage past due accounts.

Evaluate potential borrowers' financial health and design customized loan packages.

Job description

Quaint Oak Bank is hiring an experienced Commercial Relationship Manager (C & I Lender).

Join a growing organization that offers excellent opportunities for career growth, a team atmosphere, and a competitive benefits package!

Location: Remote

Position Summary: Quaint Oak Bank is a growing community bank seeking an experienced Commercial Relationship Manager (CRM), preferably familiar with the Greater Philadelphia area, to join our team. The CRM will actively seek out new C&I clients through networking, cold calling, and market research to expand the loan portfolio. The successful candidate will develop loan requests, provide documentation and prepare loan presentations with the support of a credit analyst. Loan sizes range up to $5MM. The CRM will also assist in the periodic collection and review of all updated financial documentation ensuring the credit level is maintained.

Job Requirements & Responsibilities:

Responsible for developing new relationships to expand our C & I customer base.
Candidates must possess the ability to identify and refer cross-sell opportunities.
Assist in negotiating loans and structuring presentations.
Participate in monitoring loan repayment activities and take necessary action to collect past due accounts.
Assists with documenting loans to ensure complete loan files are maintained.
Maintain full understanding of the Bank’s Lending Policy and applicable lending related policies and procedures.
May perform related duties as assigned or as the situation dictates.
Thoroughly evaluate potential borrowers' financial health by analyzing income statements, balance sheets, cash flow projections, and industry trends to assess creditworthiness.
Design customized loan packages based on client needs, including loan amount, interest rates, repayment terms, and collateral requirements.
Monitor loan performance, identify potential credit risks, and take necessary actions to mitigate risk within the assigned loan portfolio.
Adhere to all regulatory lending guidelines and internal bank policies related to credit risk management.

Qualifications & Skills:

A high level of analytical skill to assess and evaluate loan risk, credit limitations and appraisals; have a thorough understanding of underwriting and financial data.
Ability to communicate effectively throughout the Bank and to represent the Bank positively to the public, cultivating working relationships with current customers and Bank personnel.
Experience with Microsoft software, including MS Excel and MS Word.
Excellent written and verbal skills.
SBA Lending experience preferred.
Bilingual preferred.

Education & Experience:

Bachelor’s degree in business, or equivalent work experience is required.
5-7 years’ experience in commercial lending.

Quaint Oak Bank and/or its subsidiaries is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, ancestry, citizenship status, age, sex, sexual orientation, gender identity, marital status, national origin, disability, or veteran status. Quaint Oak Bank and/or its subsidiaries are committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment. To request a reasonable accommodation, contact Rachel Schmahl at 610.798.6111 or rschmahl@quaintoak.com.

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