Commercial Loan Officer Job at Prospect Bank, Lawrenceville, IL

WVphVHh2WnQ1bjJDdGZHT2dBSXNKdHpRTHc9PQ==
  • 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

gpac

Estates and Trusts Tax Manager Job at gpac

 ...established CPA firm that is looking to add a professional Tax Manager to their growing organization. This is a stable firm with...  ...Senior Staff Members. This postion will be responsible overseeing Estates and Trusts. Duties/Responsibilities: Prepare... 

Colby College

Downtown Gallery Assistant Job at Colby College

 ...Engagement - JM Pay Rate Type: Hourly Employee Type: Job Summary:The downtown gallery assistant position at Colby College Museum of Art provides a positive and welcoming presence for visitors of all ages at the museums Joan Dignam Schmaltz Gallery, located in the Paul... 

Four Seasons Hotels and Resorts

Banquet Server On-Call Job at Four Seasons Hotels and Resorts

Join to apply for the Banquet Server On-Call role at Four Seasons Hotels and Resorts .About The RoleFour Seasons Hotel Houston is looking for OnCall Banquet Servers to set up buffets and food stations, serve plated meals to guests, and complete individual guest requests... 

Varsity Tutors, a Nerdy Company

German 2 Tutor Job at Varsity Tutors, a Nerdy Company

Be among the first 25 applicantsThe Varsity Tutors Live Learning Platform has thousands of students looking for online German 2 tutors nationally. As a tutor on the Varsity Tutors Platform, youll have the flexibility to set your own schedule, earn competitive rates,... 

Finix

Technical Recruiter Job at Finix

 ...Capital, Sequoia Capital, Visa, and others. About Role: Our Recruiting mission is to engage, excite, and hire people who will achieve...  ...as a strategic advisor to engineering and product leaders, consulting on headcount planning, leveling frameworks, and talent...