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Business Development/Loan Officer - Up To 100K - Philadelphia, PA - Job # 1391

Expired Job

The Symicor Group Philadelphia , PA 19019

Posted 3 months ago

The Position

Our client is seeking to fill a Business Development/Loan Officer role in the Philadelphia, PA market. The successful candidate will be responsible for growing and maintaining a portfolio of relationships in support of the regions overall goals. Responsibilities will include interfacing with customers, all levels of management, staff and product specialists.

The position includes a generous salary of up to $100K, an excellent benefits package and is bonus eligible.

Business Development/Loan Officer responsibilities include:

  • Developing and expanding new banking relationships with business prospects and maintaining existing business banking client base to achieve established goals.
  • Processing requests for commercial loans by interviewing prospective and existing individuals and evaluating their creditworthiness.
  • Determining eligibility and approves loans within specified limits to comply with the Banks policies and procedures and Federal Regulations.
  • Collecting delinquent commercial business loans and works with the legal department on defaulted loans.
  • Understanding and ensuring that commercial loan accounts are serviced according to the Banks policies and regulatory requirements. Monitoring loan relationships on a continuing basis to insure loan quality and minimize risk.
  • Insuring accurate documentation of credit approval terms and collateral. Reviewing and evaluating required searches, financial statements, and credit reports.
  • Completing loan renewals by verifying new data with current data, adjusting and preparing input forms.
  • Reviewing loan advances by verifying credit limits, commitment expirations and account statuses.
  • Completing loan adjustments by preparing input information, calculating rate changes, interest discrepancies, etc.
  • Controlling loans by establishing, monitoring and enforcing policies, procedures and standards.
  • Identifying the status of commercial loan portfolio by verifying and preparing reports.
  • Contributing decision-making information to Business Loan Committee by analyzing loan requests, notes, terms, security, etc., and presenting administrative issues for approval.
  • Contributing to team effort by accomplishing related results as needed.
  • Completing periodic training/certification for, but not limited to, Bank Secrecy Act (BSA)


Who Are You?

Youre someone who wants to influence your own development. Youre looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • Bachelors degree preferred.
  • Five or more years business lending/credit analysis experience.
  • Formal credit training preferred.
  • Ability to sell effectively to prospects and clients.
  • Ability to read and analyze financial statements and tax returns.
  • Working knowledge of personal computers to include MS Word, Excel and PowerPoint


The position includes a generous salary of up to $100K, an excellent benefits package and is bonus eligible.

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Business Development/Loan Officer - Up To 100K - Philadelphia, PA - Job # 1391

Expired Job

The Symicor Group