Commercial Real Estate Officer

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<div class="isg-job-description-header”>Job Description

This position reports to: John Berghorst, Chief Lending Officer, Commercial Real Estate
Basic Function
Originate and manage client relationships, underwriteloansand complete financial analysis, prepare loan proposals and commercial loan applications forself andsenior relationship managers of the Commercial Real Estate Lending department.
Essential Duties
  1. Originate andmanage client relationships
  • Develop new prospects, manage and grow a portfolio of existing real estate relationships
  • Identifyand execute on a variety of real estate transactions including multifamily, industrial, office and commercial construction loans
  • Maintain and manage a portfolio, with ability to build relationships with existing and prospective clients focusing on revenue growth, fee income,depositsand cross-selling services
  • Respondto client inquiries
  • As needed, request and gather updated financial and operating information, perform financialanalysisand confirmloan gradesor recommend changes based on the analysis.
  • Updatepaper and/or electronicclientloan files
  • Work with Loan Operations, DepositOperationsand business bankers to meet clients’ banking needs.
  • Approvedrawrequests
  • Monitor and address past due loans and overdrawn deposit accounts
  • Reviewinformation on market trends in commercial real estate

  1. Underwrite and close commercial real estate loans
  • With senior relationship managers, interview clients and prospectsregardingcredit and service needs.
  • Perform site inspections, prepare corresponding site inspectionmemosand enter the memos into the CRE site inspection tracking file.
  • Review appraisals and other third-party reports including credit inquiries.
  • Evaluate financial and operating information including property level cash flows and guarantor financial information.
  • Prepare loan proposal letters and commercial loan applicationsfor self and senior relationship managers.
  • Work with Loan Operations and/or attorneys to generate and review loan documents and coordinate loan closings to include tracking progress against the checklists and gathering requisite documents to share with the Loan Closer.

3. Additional Departmental duties:

  • Attend department meetings
  • Attend Management Loan Committee and Director’s Loan Committee meetings as needed
  • Attend Officers’ meetings
  • Reviewinformation on market trends in commercial real estate
  • Maintain familiarity with underwriting and Loan Policy guidelines
  • Attend training asrequired

4. Participate in CRA activities which require a minimum of 12 hours of volunteering annually.
Nonessential Duties

  • Other duties as assigned

 

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