Commercial Lending Associate

Summary of Excellence:

The Commercial Lending Associate role is designed to provide entry-level commercial banking employees with the knowledge and skills necessary to become successful Commercial Loan Officers.  Under the guidance of experienced lending professionals, the Commercial Lending Associate will learn how to analyze financial statements, assess credit risk, develop and manage client relationships, and structure loan products that align with the Bank’s policies and regulatory requirements, all within our Commercial Lending Development Program.

Career Competencies:

Action Oriented

Communicates Effectively

Ensures Accountability

Resourcefulness

Builds Networks

Courage

Interpersonal Savvy

Self-Development

Collaborates

Demonstrates Self-Awareness

Nimble Learning

Situational Adaptability

Essential Duties and Responsibilities:                 

Training & Development: Participate in structured training programs to learn commercial lending principles, credit analysis, and financial risk assessment.

Financial Analysis: Review and analyze financial statements, tax returns, and cash flow reports to assess borrower creditworthiness.

Loan Underwriting: Assist in preparing credit memos, risk assessments, and loan documentation under the supervision of Sr. Commercial Credit Analysts and Commercial Loan Officers.

Client Relations: Shadow experienced lenders to develop sales and relationship management skills, attend client meetings, and assist in responding to customer inquiries.

Portfolio Management: Help manage  existing loan relationships  ensuring client satisfaction as well as compliance with loan terms and covenants. Identify additional lending needs and cross-selling opportunities.

Regulatory Compliance: Gain an understanding of banking regulations, lending laws, and internal policies to ensure all loans meet compliance standards.

Business Development: Learn how to identify business prospects, lending opportunities, analyze industry and economic trends, and support new customer acquisition efforts.

Other Duties and Responsibilities:                     

Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.

Supervisory Responsibility:           

None

Professional Relations:                    

Works professionally with all employees, customers, vendors, and the general public to achieve goals and objectives of Claremont Savings Bank’s vision, mission and values.

Enhances the Bank’s image by providing representation and involvement in community activities and charitable, civic, and social organizations.

Education/Certification:

Bachelor’s degree in finance, Business Administration, Accounting, Economics, or a related field preferred

Required Experience, Knowledge, Skills, and Abilities

Strong analytical and problem-solving skills

Excellent verbal and written communication skills

Attention to detail and ability to interpret financial data and loan documentation terminology.

Customer service orientation and relationship-building abilities

Proficiency in Microsoft Office 

Prior experience in banking, finance

Working Conditions and Physical Requirements

Moderate physical effort required; normally seated with freedom of movement on a regular basis; some lifting of light materials and supplies. Work involves a mixture of walking, sitting, and/or standing. Well-lighted and ventilated office environment, which are generally pleasant and comfortable.     Minimal exposure to injury or other hazards with moderate level of noise.

*Performance Measurements will be used to determine if a person is successful in the position.*       

*External and internal applicants, as well as position incumb