What are the responsibilities and job description for the Commercial Banker position at Morton Community Bank?
Make the change and be the difference. Take ownership at MCB!
Morton Community Bank was established in Morton, Illinois, in 1960. Currently, we have over 550 employees, 55 branch locations, and over $5 billion in assets. Thanks to our ESOP (Employee Stock Ownership Plan), our employees are also owners of the Bank! We pride ourselves on our dedicated service to our customers and our communities.
Employees have access to a wide range of benefits the first of the month following their date of hire. These benefits include: medical, dental, vision, life/AD & D, short-term disability, long-term disability, HSA, and flexible spending account. In addition, employees receive paid vacation days, personal days, and holidays.
Job Summary
Responsible for the development, maintenance and growth of individual commercial loan portfolio. Includes interviewing, screening and analyzing loan requests for all types of commercial loans. Also responsible for approving, documenting and collecting or denying commercial loans while adhering to all bank policies, procedures and banking regulations. Responsible for all aspects of loans as well as providing deposit and cash management solutions and a broad array of lending products to meet business clients’ capital needs. Soliciting new profitable business relationships as well as developing and managing existing account relationships in conjunction with bank goals. Represent the bank in its market through active participation in community affairs.
- Meet with applicants to obtain information for loan applications and to answer questions about the process
- Explain to customers the different loan and credit products that are available, as well as the terms of those services
- Obtain and compile copies of loan applicants’ credit histories, corporate financial statements and other financial information
- Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans
- Responding to customer information requests or inquiries involving commercial loans
- Review and update credit and loan files
- Review loan documents to ensure they are complete and accurate according to policy and prepare and organize loan documents for closing
- Adhere to credit policies, credit lines, procedures and standards in conjunction with senior managers
- Service existing customers and enhance relationship by cross selling business and personal products
- Service delinquent accounts by documenting and following Bank policies for collection
- Maintain orderly and complete financial reporting and documentation for all customers
- Develop referral relationships in order to proactively solicit business and conduct sales-related activities to meet specific loan volume origination goals
- Involvement in local community through clubs, luncheons, business organizations, etc and developing relationships with local government and business leaders of community
- Maintain and update calling program in effort to attract new business opportunities
Education and Qualifications
Essential:
- Bachelor’s degree from a four-year university or college; or 2 to 5 years related experience and/or training; or equivalent combination of education and experience
- BSA and other Bank related training through BAI is required annually
- Overview course provided by MCB
Experience
- Knowledge of customer service principles
- Relevant computer skills
Education
Required- High School or better in Accounting
- Bachelors or better
Skills
Required- Commercial Lending Experience
- Customer Service
- Lending Experience
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)