Commercial Loan Officer III - HOPE - Little Rock, AR
Commercial Loan Officer III
Want to make a difference? Join the award-winning team at Hope Enterprise Corporation/Hope Credit Union (HOPE), one of the nation’s leading community development organizations. For over 20 years, HOPE has been improving lives by helping entrepreneurs, homebuyers, families, and communities become more financially secure. Since 1994, HOPE has generated more than $2 billion in financing and assisted over one million people across the Deep South.
Job Summary
The Commercial Loan Officer III position is responsible for developing and managing a commercial loan portfolio in the state of Arkansas and will lead HOPE’s commercial lending expansion into the state. This position is to be located in Little Rock and must be able to develop and implement a commercial lending strategy for HEC/HFCU throughout the Arkansas market. This position is located in our Little Rock, Arkansas office.
Essential Duties and Functions
Develop an active referral network for identifying potential customers and co-lending partners in the state of Arkansas. Work with prospects and internal staff to adequately assess the risk of credit requests, present recommendations, and facilitate loan closings. Manage customer relationships, including facilitating required outside technical assistance (e.g., accounting, management, marketing, engineering, etc.), compliance with loan covenants, payment performance, annual financial reviews, and on-site collateral and business inspections. Manage assigned loan portfolio. Ensure all assigned loans are in compliance and properly documented. Market HEC/HFCU’s other financial products and services.Competencies/Skills
Ability to market commercial financial products. Ability to network with other financial service providers for referrals and loan participations. Ability to read and interpret legal documentation as it pertains to corporate organization and loan documentation. Demonstrated strength in credit analysis, financial analysis, and communication skills (written and verbal). Strong computer skills, especially with financial spreadsheets and word processing. Ability to read and interpret documents, write routine reports and correspondence. Ability to speak effectively before groups of customers and employees of the organization. Ability to add, subtract, multiply, and divide into all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, percent, and interpret data. Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations. Ability to network with business and civic contacts and successfully convert community outreach efforts to commercial lending opportunities for HOPE.Preferred Education and Experience
Master's Degree in relevant field; graduate degree or professional certification preferred Five or more years of commercial lending experience Fluency in English and Spanish preferred Prefer experience in development finance and/or commercial bankingHOPE is an Equal Opportunity Employer
