First Bancorp
BUSINESS RELATIONSHIP OFFICER - WATERFORD
First Bancorp, Miami, FL
JOB SUMMARY:
To work inconjunction with the Commercial Loan Manager primarily in the management of thecommercial loan portfolio under his responsibility, which includes incomeproducing properties in various industries, commercial loans, multifamily loansand other types of commercial loans secured by real estate collateral or othercollateral. Responsibilities include,goals, cross sell of all Bank products, and maintaining a high quality andprofitable loan portfolio.
ESSENTIAL RESPONSIBILITIES:
Responsible for approved types of Commercial loans, including Commercial Real Estate loans, and follow the Bank's lending goals, policies and procedures.
Interview and counsel existing and prospective customers, on commercial loans and commercial mortgage loans, explain and discuss available options and programs, obtaining financial information and documentation, cross-sell Bank's financial services or products.
Respond to daily inquiries from customers on lending programs, prospective loan packages, meet prospective borrowers, and review loan packages.
Provide assistance and guidance to Commercial loan processor(s) and Commercial Pre-closing staff on processing and closing issues. Coordinate the loan processing of commercial loans and real estate mortgage loan applications under the loan officer's responsibility. Maintain and supervise that communication with borrowers and their representatives regarding property/credit/underwriting and processing issues.
Underwrite and analyze commercial loan packages based on lending programs, evaluating and reviewing and reviewing the loan documentation, appraisal and environmental reports; assure that the loan package complies with credit, underwriting standards and lending policies. Prepare and/or assist in the completion of Loan Presentations, including credit and collateral analysis, debt service ratios, Loan Contingencies. The lending officer must inform the Commercial Loan Department Manager of any material risk factor, discrepancy or deviation discovered during the loan processing, underwriting, credit analysis, due diligence, appraisal, environmental, etc.
Prepare Greenlight Memorandums, CAM Request, and CAM Amendments as required to help facilitate the underwriting process.
Compliance with several laws and regulations (i.e. RESPA, HMDA-LAR ECOA, FCRA, Flood D.P.A., C.R.A., Fair Housing Act and Fair Lending, OFAC, U.S. Patriot Act, etc.).
Supervise, review and sign commitment letters and other administrative-finance issues and operational matters.Also, the officer is responsible for the accuracy and completeness of the underwriting and analysis and commitment letter.
Monitor loan closing, discuss with attorney/closing agents title and contingency problems and other related closing issues.
Assist in the loan production and other lending related matters, including but not limited to loan collection and foreclosure, annual audits, internal audits as the government regulators examination.
Process and recommend loan assumptions and/or loan refinance through loan modifications.Also, administer and supervise construction loans, if assigned.
INDEPENDENCE OF JUDGMENT:
Follows establishedprinciples, methods, and policies, in addition to existing precedents incorresponding area of expertise, and according to the level as authorizedsignature.
Impact of Errors:
The impact of errorsin this position could impact the credibility and confidence of the customers andcould have a considerable economic impact to the Bank, as complaints fromclients/investors. Any errors may impact the compliance and audits results.
INTERPERSONAL COMMUNICATION:
This positionrequires constant communication with external and internal clients.
PHYSICAL DEMANDS:
The physical demandsdescribed here are representative of those that must be met by an employee tosuccessfully perform the essential functions of this position. Reasonable accommodations may be made toenable individuals with disabilities to perform the essential functions. Able to be seated most of the time.
Arms could be exposeto repetitive movements. Specificvision, close and distance vision is required. Use of both hands to finger,handle or feel and talk and hear. Able to lift boxes up to 10 pounds.
EDUCATION/EXPERIENCE:
Knowledge of marketing, credit analysis and lending practices with a minimum 2 years of experience in a financial institution or related business.
Understanding of laws, rules and regulations affecting the banking/lending industry.
Excellent understanding of financial institution products and services.
Excellent mathematical, organizational and analytical skills.
Excellent understanding of financial institution operations, products and services.
Effective human relations and communications skills.
Attention to details
Ability to accomplish the above responsibilities through use of computers. Excel Word and other software, and general office equipment.
Active Driver license is required.
Able to handle stress
WORK ENVIRONMENT:
Employees in thisjob work in an office environment with a comfortable room temperature, goodlighting, and quiet conditions. These employees are exposed to external elements whenrepresenting the corporation at external events and may be required to workextended hours, including holidays, should these coincide with company event
DISCLAIMER
The above statementsare intended to describe the general nature and level of work being performedby people assigned to this job. They arenot indented to be an exhaustive list of all responsibilities, duties, skillsrequired of personnel so classified. Thereporting relationship may not reflect the most recent changes to the corporatereporting structure.
First Bank Florida is a proud to be an Equal Employment Opportunity Employer and takes affirmative action to employ Women, Protected Veterans, People with Disabilities and Minorities regardless of gender identity, sexual orientation, and any other legally protected status.
To work inconjunction with the Commercial Loan Manager primarily in the management of thecommercial loan portfolio under his responsibility, which includes incomeproducing properties in various industries, commercial loans, multifamily loansand other types of commercial loans secured by real estate collateral or othercollateral. Responsibilities include,goals, cross sell of all Bank products, and maintaining a high quality andprofitable loan portfolio.
ESSENTIAL RESPONSIBILITIES:
Responsible for approved types of Commercial loans, including Commercial Real Estate loans, and follow the Bank's lending goals, policies and procedures.
Interview and counsel existing and prospective customers, on commercial loans and commercial mortgage loans, explain and discuss available options and programs, obtaining financial information and documentation, cross-sell Bank's financial services or products.
Respond to daily inquiries from customers on lending programs, prospective loan packages, meet prospective borrowers, and review loan packages.
Provide assistance and guidance to Commercial loan processor(s) and Commercial Pre-closing staff on processing and closing issues. Coordinate the loan processing of commercial loans and real estate mortgage loan applications under the loan officer's responsibility. Maintain and supervise that communication with borrowers and their representatives regarding property/credit/underwriting and processing issues.
Underwrite and analyze commercial loan packages based on lending programs, evaluating and reviewing and reviewing the loan documentation, appraisal and environmental reports; assure that the loan package complies with credit, underwriting standards and lending policies. Prepare and/or assist in the completion of Loan Presentations, including credit and collateral analysis, debt service ratios, Loan Contingencies. The lending officer must inform the Commercial Loan Department Manager of any material risk factor, discrepancy or deviation discovered during the loan processing, underwriting, credit analysis, due diligence, appraisal, environmental, etc.
Prepare Greenlight Memorandums, CAM Request, and CAM Amendments as required to help facilitate the underwriting process.
Compliance with several laws and regulations (i.e. RESPA, HMDA-LAR ECOA, FCRA, Flood D.P.A., C.R.A., Fair Housing Act and Fair Lending, OFAC, U.S. Patriot Act, etc.).
Supervise, review and sign commitment letters and other administrative-finance issues and operational matters.Also, the officer is responsible for the accuracy and completeness of the underwriting and analysis and commitment letter.
Monitor loan closing, discuss with attorney/closing agents title and contingency problems and other related closing issues.
Assist in the loan production and other lending related matters, including but not limited to loan collection and foreclosure, annual audits, internal audits as the government regulators examination.
Process and recommend loan assumptions and/or loan refinance through loan modifications.Also, administer and supervise construction loans, if assigned.
INDEPENDENCE OF JUDGMENT:
Follows establishedprinciples, methods, and policies, in addition to existing precedents incorresponding area of expertise, and according to the level as authorizedsignature.
Impact of Errors:
The impact of errorsin this position could impact the credibility and confidence of the customers andcould have a considerable economic impact to the Bank, as complaints fromclients/investors. Any errors may impact the compliance and audits results.
INTERPERSONAL COMMUNICATION:
This positionrequires constant communication with external and internal clients.
PHYSICAL DEMANDS:
The physical demandsdescribed here are representative of those that must be met by an employee tosuccessfully perform the essential functions of this position. Reasonable accommodations may be made toenable individuals with disabilities to perform the essential functions. Able to be seated most of the time.
Arms could be exposeto repetitive movements. Specificvision, close and distance vision is required. Use of both hands to finger,handle or feel and talk and hear. Able to lift boxes up to 10 pounds.
EDUCATION/EXPERIENCE:
Knowledge of marketing, credit analysis and lending practices with a minimum 2 years of experience in a financial institution or related business.
Understanding of laws, rules and regulations affecting the banking/lending industry.
Excellent understanding of financial institution products and services.
Excellent mathematical, organizational and analytical skills.
Excellent understanding of financial institution operations, products and services.
Effective human relations and communications skills.
Attention to details
Ability to accomplish the above responsibilities through use of computers. Excel Word and other software, and general office equipment.
Active Driver license is required.
Able to handle stress
WORK ENVIRONMENT:
Employees in thisjob work in an office environment with a comfortable room temperature, goodlighting, and quiet conditions. These employees are exposed to external elements whenrepresenting the corporation at external events and may be required to workextended hours, including holidays, should these coincide with company event
DISCLAIMER
The above statementsare intended to describe the general nature and level of work being performedby people assigned to this job. They arenot indented to be an exhaustive list of all responsibilities, duties, skillsrequired of personnel so classified. Thereporting relationship may not reflect the most recent changes to the corporatereporting structure.
First Bank Florida is a proud to be an Equal Employment Opportunity Employer and takes affirmative action to employ Women, Protected Veterans, People with Disabilities and Minorities regardless of gender identity, sexual orientation, and any other legally protected status.