Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Our Lenders are part of a winning team and are key contributors to our successful growth strategy. If you thrive on the challenges of helping businesses grow and pride yourself on providing timely, efficient, financing/loan decisions and highly-responsive service to customers, Enterprise Bank may be the right place for you! Enterprise Bank's Commercial Lenders create partnerships with business owners and local professionals seeking financing to expand their businesses and/or professional practices. Lenders develop their financing relationships through community involvement, networking, professional affiliations, referrals from within the bank and direct business development (calling) efforts. Lenders consult with and advise borrowers throughout the loan cycle - from application to close - to help ensure successful businesses and lasting relationships. Along with Lenders, Enterprise Bank credit analysts research and analyze a borrower's financial situation, including assessment of the market, business conditions, credit status and property evaluations. Lenders approve financing decisions within individual lending limits and work collaboratively with senior leadership where appropriate. With the spirit of a business partner and thorough understanding of a borrower's business objectives, Lenders promote and cross-sell products and services and work closely with bank staff to review, manage and maintain existing loan portfolios. We challenge you - become part of Enterprise Bank's dynamic organization; one that embraces the communities where we do business, the opportunity for change and provides numerous opportunities for professional development.
Requirements: Positions are available for those with proven experience in Commercial Lending and a record of successful business development (sales) along with a BS/BA and or Master's or equivalent experience.
Enterprise Bank has branch locations in Acton, Andover, Billerica, Chelmsford, Derry NH, Dracut, Fitchburg, Hudson NH, Lawrence, Leominster, Lowell, Methuen, Nashua NH, North Billerica, Pelham NH, Salem NH, Tewksbury, Tyngsboro, Westford, and Windham.
Our DEIB Value Statement: At Enterprise Bank, people and relationships come first. We encourage and foster a culture of diversity, equity, inclusion and belonging where everyone feels valued and respected. We are committed to a caring workplace that recognizes the importance of making a meaningful, positive difference in the lives of our team members, customers, and communities. Please to view our Inclusion website for more information and to learn more of our story and Core Values.
Enterprise Bank is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. EOE M/F/Disabled/Vet