Peoples Bank is a community-focused financial institution dedicated to serving its local communities. They are seeking a Small Business Lending Specialist to assist with analysis, underwriting, documentation, and portfolio management for small business loans.
Responsibilities
- Working with customers to collect financial information, clarify trends, and accurately analyze operations of the business
- Establishing loan structures within policy guidelines based on loan type, risk profile, and conditions within assigned parameters
- Preparing written analysis to accurately identify problems, trends, and changes in financial statements, cash flow, and ratios
- Preparing loan approval packages required for submission including credit memo, grade, and narrative
- Ordering and reviewing appraisals, title commitment, insurance policies, etc. for credit approval and file
- Coordinating Escrow to include preparing Escrow Instructions and closings with outside Escrow agents or managing RE closing process for qualifying in-house closings
- Managing loan delinquencies and alerting Small Business Lending Officers and the Director of Commercial Banking to problems or unusual trends and addresses problem areas immediately
- Working with Loan Origination to ensure that loan and collateral documents are properly ordered, and lien perfections are secured
- Supporting the Bank’s objectives for loan volume, portfolio diversification, asset quality and profitability through prudent analysis and underwriting
- Ensuring all credits are underwritten, processed, closed, and booked according to policy guidelines and credit approval
- Understanding basic accounting principles and their implications for the lending function
- Possessing knowledge of and comply with all Federal and State commercial banking regulations
Skills
- You have a college degree in business, finance, economics, or related field, or have equivalent experience
- You have a minimum of 1 year of banking experience including credit analysis, or equivalent work experience
- You have the ability to review and understand financial statements and tax returns for individuals and all types of business entities
- You are proficient in Microsoft Office (Outlook, Word, Excel. Etc.)
- You work with minimal supervision and have excellent organizational, problem-solving, and decision-making skills
- You have strong interpersonal skills including professional etiquette and service mentality
- You are skilled at business communication, both verbal and written
- You have a strong professional demeanor and high regard for confidentiality
- You can travel to other Peoples Bank locations and off-site for meetings and/or training as required
- You have the ability to model the Peoples Bank Mission, Vision, and Values
Benefits
- Hybrid work from home options for most non-customer-facing positions
- Profit Sharing
- Incentives
- Bonus Structures
- 12 days of paid vacation
- 2 paid wellness days
- 2 days of paid community service time
- Paid sick leave
- 11 paid holidays throughout the calendar year
- Full suite of Health benefits to employees and their families that include Medical, Dental and Vision Insurance
- Mental Health Resources
- $200 annual reimbursement for wellness related expenses
- 8% 401(k) employer match
- Safety net of life and disability plans
Company Overview
- Peoples Bank is a financial company located in Bellingham. It was founded in 1921, and is headquartered in Bellingham, Washington, USA, with a workforce of 201-500 employees. Its website is http://www.peoplesbank-wa.com.