VP, REIT Loan Officer

What You’ll Do

This position focuses on acquiring new clients, managing a portfolio of existing relationships, and cross-selling banking products for investor commercial real estate loans, including construction loan opportunities.

Responsibilities Include

• Actively prospect, negotiate credit structure and acquire new clients through networking, community presence, and leveraging Centers of Influence (COIs).
• Interview applicants to develop information concerning their needs, abilities and earnings to determine whether a loan may be an acceptable risk.
• Evaluate and service the needs of present and potential customers seeking a variety of commercial real estate loans, deposit accounts and other Bank products.
• Ability to analyze applicant’s financial status, credit and property evaluation to determine feasibility of granting loan or submit application to credit analyst for verification and recommendation.
• Negotiate the loan terms and conditions with customers and prospects.
• Present concept memos and loan write-ups for approval of proposed terms and pricing.
• Present and negotiate term sheets with customers and prospects.
• Identify and analyze potential loan markets and property asset classes to develop prospects for commercial real estate loans.
• Advise manager of external factors that may affect established lending policies, such as new or revised legislation and regulations; recommend and implement appropriate changes to established policies and procedures.
• Promote and cross-sell other Bank products and services as appropriate.
• Provide loan data to support marketing and sales promotion programs.
• Administer and manage existing loans to ensure complete conformity with terms and adequacy of documentation remains cognizant of developing trends.
• Ensure adherence to Bank guidelines, policies and procedures regarding credit administration
• Comply with all applicable Banking compliance rules and regulations established by both internal departments and external agencies.

Qualifications

• Bachelor’s degree or equivalent work experience
• Five to ten years of commercial real estate lending or other lending related experience
• Knowledge of Database software, Loan Origination software, Spreadsheet software and Word Processing software

Why You Should Apply

• Full-time position with excellent compensation and benefits package
• Generous time off programs
• Bonus program
• Profit-sharing
• Discounted stock purchase program
• Excellent growth and development opportunities
• And much more!

The purpose of this job description is to provide a summary of duties related to the position. It is not intended to be all-inclusive. The employee will perform other reasonable business duties as assigned by supervisor or other management.

First Northern Bank does not discriminate based on race, color, religions, sex, gender identity, age, national origin, marital status, pregnancy, disability, or any other protected status.

The duties outlined in this description are subject to modification or change by the organization, at any time, with or without notice.