Corporate Lender

  • Competitive
  • Rye Brook, NY, USA
  • Permanent, Full time
  • BankUnited, N.A.
  • 13 Feb 18 2018-02-13

Corporate Lender

SUMMARY: A Corporate Lender is responsible for originating commercial loans and for cross-selling BankUnited products to commercial accounts. Incumbents are expected to meet or exceed production goals.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

* Interviews loan applicants, and collects and analyzes financial and related data to determine the general creditworthiness of the prospect and the merits of the specific loan request.

* Establishes, and negotiates terms under which credit will be extended, including the costs, repayment method, and schedule and collateral requirements.

* Collects and analyzes information that reflects the current creditworthiness of customers and the current merits of existing loans. May obtain information through direct inspection of the applicant's business and/or collateral, review of interim financial reports, personal interview, and other means.

* Presents loan requests to the executive loan committee when the proposed loan dollar volume exceeds the department's lending authority.

* Authorizes or rejects overdrafts in depository account within established authorities.

* Monitors loan repayment activities and takes necessary action to collect from past-due accounts.

* Advise customers, where possible, concerning business management and financial matters.

* Serves as a contact officer for non-borrowing accounts and loan customers for matters relating to other bank services.

* Develops new business by contacting prospects and customers, cross-sells bank services.

* Prepares lending activity reports for department management.

* Keeps abreast of local and national economic, financial, political and legislative events and climates which could have an impact on corporate and commercial lending activities.

* Participates in community affairs to increase the bank's visibility and to enhance new business opportunities.

* Maintains professional and community relations to increase the bank's visibility and new business opportunities, and to further personal development.

SENIOR LEVEL RESPONSIBILITIES:

Lender I, II & III: None

Lender IV: Responsible for the most sophisticated lending relationships in portfolio
Responsible for development of the less experienced officers and credit analyst

EDUCATION and/or EXPERIENCE:

Lender I - Bachelors degree in business administration and/or finance. 3 - 5 years of experience. Credit experience preferred.

Lender II - Bachelors degree in business administration and/or finance. 3 - 5 years of commercial lending experience.

Lender III - Bachelors degree in business administration and/or finance. 5 - 10 years of commercial lending experience.

Lender IV - Bachelors degree in business administration and/or finance. 10 years plus of commercial lending experience.