Commercial Lending Job Description
Commercial lending
provides oversight and input on lending quality assurance programs, and policies, and procedures related to credit risk issues.
Commercial Lending Duties & Responsibilities
To write an effective commercial lending job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial lending job description templates that you can modify and use.
Sample responsibilities for this position include:
Evaluate staff performance and provide feedback via informal discussions, monthly meetings and annual review process
Will manage and assist in the hiring process of Closers, Paralegals and Post Closers
Perform and direct the development, implementation and utilization of risk management strategies and methodologies to manage all aspects of the bank's credit risk
Develop and maintain quantitative stress testing models to manage the bank's consumer and commercial lending portfolios
Establish quantitative analysis techniques to assess portfolio concentration risks and make appropriate recommendations for exposure limits in commercial and consumer lending
Use established analysis tools to isolate warning indicators
In conjunction with the Finance Department, utilize quantitative predictive modeling analysis methods to enhance ALLL forecasting
Establish trend monitoring methodologies to facilitate recommendations for loss mitigation solutions
Track portfolio performance and credit risk management strategy results
Identify opportunities to leverage applied statistical solutions to business problems
Commercial Lending Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commercial Lending
List any licenses or certifications required by the position: WLS, PMP, CAPM, RETS, CB, MBA, WLO, TOGAF, CRCM, CISSP
Education for Commercial Lending
Typically a job would require a certain level of education.
Employers hiring for the commercial lending job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Education, Finance, Business, Accounting, Economics, Business/Administration, Graduate, Marketing, General Education, Financial Services
Skills for Commercial Lending
Desired skills for commercial lending include:
Departmental systems and applications
Standard desktop applications used by the business unit
Commercial credit policies and procedures
Bank’s current Credit policies and procedures established for Commercial Lending
Bank’s loan
Products and services
Deposit
Project management
Process
Banking products and procedures
Desired experience for commercial lending includes:
Prepare appropriate presentations and analysis documentation to support conclusions and/or recommendations
Based on analytical results, make recommendations for modifications to credit policy and/or underwriting guidelines
Partner with internal and external technology groups to develop technology based risk management solutions
Maintain awareness and understanding of compliance and regulatory requirements governing banking and credit risk management
Business/Finance/Economics undergraduate degree
This position requires access to IB CCAPS and Commercial Web Lending
Commercial Lending Examples
1
Commercial Lending Job Description
Job Description Example
Our company is looking to fill the role of commercial lending. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial lending
- Generating monthly , annual, and multi-year expense, headcount, and occupancy forecasts
- Delivering insightful monthly reporting and variance analysis
- Ad-Hoc analysis to better understand drivers of expense and profitability
- Research borrowers, sub markets, rent and sales trends
- Populate Loan Sizing Models and input data into loan systems
- Manages the team's pipeline to ensure timely completion of DDFs and appropriate management of the team's capacity
- Works with direct manager and local sales leadership to maintain proactive management of client escalations, issues and other items that require special handling related to DDF completion
- Orders, reviews, and analyzes title commitments, recorded documents and surveys
- Review business entities and corporate formation agreements
- Review legal documents for completeness and accuracy
Qualifications for commercial lending
- 10+ years progressively responsible experience in Credit Risk Management in a significant Banking/Financial Services analytical environment with demonstrated leadership experience
- Good to advanced working knowledge and understanding of the following software applications
- Strong communication skills and an ability to speak with all levels of employees and contacts within the community
- Recommend and/or approve hiring, management support services (MSS) and reward (compensation and recognition) decisions
- Advanced fluency skills in French and English, both in written form and orally
- Demonstrated ability to communicate effectively with internal and external clients
2
Commercial Lending Job Description
Job Description Example
Our company is searching for experienced candidates for the position of commercial lending. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for commercial lending
- Provide support to the sales organization regarding sales demonstrations and any other assistance needed through the sales process
- Develop, monitor and update checklists for all transactions
- Respond and resolve discrepancies in collateral and title documentation
- Manage the daily, weekly and monthly production goals, while ensuring the level of expected service, quality and integrity of the loans are maintained
- Manage LaserPro releases and ensure system and documents are fully compliant with state and local jurisdictions
- Manage and facilitate Legal review of collateral documents
- Core member of an agile team that drives user story analysis and elaboration, designs and develops software applications, and tests and builds automation tools
- Perform hands-on software development and testing
- Core member of an agile engineering team that designs and develops software applications
- Typically spend 75+% of time writing code, API specs, conducting code reviews and testing in ongoing sprints
Qualifications for commercial lending
- Exceptional relationship management skill with the ability to foster relationships with all internal and external partners
- Knowledge of best practices and industry trends with respect to effectively capturing business and technical requirements
- Ability to gather requirements from junior level to executive level subject matter experts/stakeholders
- 3 to 6 years experience with gathering and documenting business requirements for medium to large projects including experience in corporate and commercial lending
- Able to lead effective meetings
- Experience with creating and executing test plans and test cases
3
Commercial Lending Job Description
Job Description Example
Our innovative and growing company is hiring for a commercial lending. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for commercial lending
- Work with technical product managers to prioritize features for ongoing sprints, manage a list of technical requirements based on industry trends, new technologies, known defects, and issues
- Use industry standard automation tools to create regression test scripts and enables continuous development
- Performing hands-on software development and testing, including writing code, API specs, conducting code reviews and testing in ongoing sprints, or doing proof of concepts/automation tools
- Perform as Application Architect in designing and building the Platform
- Owning all technical aspects of software development for assigned applications
- Perform Proof of Concepts with new exciting technologies
- Developing and executing a risk-based review plan for credit exposures in a line(s) of business, including individual deal sampling and testing
- Reviewing individual credit files to assess accuracy of risk rating (PD) and Loss Given Default (LGD)
- Analyzing portfolio composition to identify trends and provide opinion on portfolio quality
- Identifying gaps in credit policy and credit risk rating models
Qualifications for commercial lending
- Previous commercial lending qualification is required
- Client Service and Controls experience is a plus
- Experience with legal document software such as LaserPro, Wolters Kluwer or similar application required
- Minimum of 5 years commercial real estate legal or paralegal work
- Exceptional communications, ability to deal with stakeholders at all levels (specifically Executives and Project Managers), functional resources and vendors
- Minimum of 5 years of experience in product management in commercial lending required
4
Commercial Lending Job Description
Job Description Example
Our company is searching for experienced candidates for the position of commercial lending. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial lending
- Work with bank regulators and external auditors to provide assurance that commercial Credit Review processes are sound
- Analyze and evaluate division-level performance and opportunities thru benchmarking and tiering analysis, analysis of division specific performance drivers
- Attend Credit Review Meetings, as appropriate, to present analysis and answer questions
- Once fully implemented, advocate for and lead continuous improvement initiatives using proven methodologies, Lean
- Manage the maintenance and updates to documentation
- Advise on the development and maintenance of training materials
- Work with team members to develop and structure credit packages, and make credit recommendations
- Translate business needs into design documents and specifications
- Performs performance review appraisals, recommends annual raises, promotions and bonus amounts
- Guide clients through the product set up and conduct training sessions and Product Demos with clients (travelling across the Scandinavian region)
Qualifications for commercial lending
- Ability to develop vision and strategy, and lead teams to execute against that strategy to deliver business results
- Work independently with minimal supervision, multi-task, adaptability, analytical & problem-solving skills
- Knowledge of lending services products and practices
- Minimum of ten or more years’ experience required
- Large bank experience preferred, but not required
- As needed to support department objectives but around 10% of time over a year
5
Commercial Lending Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of commercial lending. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial lending
- Manage the LOB and Shared Services Procedure Approval process, documenting the approval and following up where needed
- Escalate all feedback and relevant information to direct manager product and research teams
- Performs a set of tasks and techniques used to work as a partner among stakeholders to understand the structure, policies, and operations of an organization, and to recommend solutions that enable the organization to meet its goals
- Provides second level application services support to internal business users
- Identifies product market opportunities in the commercial lending and credit and portfolio risk management segments through market research, customer profiling, needs analysis, market sizing and competitive analysis
- Serves as the key contact and credit and portfolio risk management expert for assigned product or product line on customer issues and questions and new product ideas which surface from customers, field sales, or market research
- Creates recommendations and feature definitions to address market opportunities related to credit and portfolio risk analysis
- Works with product marketing department to develop effective communication activities and programs including advertising, events management, product positioning and collateral development for assigned product(s)
- Lead product focus groups for assigned product(s).Lead user conferences sessions on assigned product(s) and general industry topics
- Administers company policies and procedures which affect assigned product(s)
Qualifications for commercial lending
- You will manage a portfolio of large companies in all lending-related matters, including inlife
- Experience with Java development in an Enterprise setting using J2EE, frameworks like MEAN, Spring, Hibernate , SQL and nonSQL databases, Big Data platforms etc
- Thorough understanding of XML, JSON, web services technologies (SOAP, REST), and data structure fundamentals
- Demonstrated experience with continuous integration frameworks (Jenkins)
- Familiarity with Hibernate ORM, Spring Batch and Spring Data desired
- Experience with multiple Apache tools