Building a better bank starts with hiring outstanding talent.

It starts with you.

Do you have smarts, individualism, and a passion for helping others? We are looking for people with a drive to create lasting relationships by delivering extraordinary customer service.

We truly have something special here; a 154 year old commitment to high achievement and high support. Norway Savings is a place of continuous learning and growth that will offer you many exciting opportunities. We strive to create an atmosphere of diversity and inclusion, where you can let your color shine!

We are committed to taking care of our employees. We have an award winning Wellness Program that has led us to be named one of the Healthiest Companies in America!

Norway Savings has a strong focus on our customers, and building strong relationships within our communities.

POSITION SUMMARY: 

The Commercial Loan Officer is responsible for granting and servicing commercial loans as well as servicing commercial banking relationships. In this role, the incumbent will call on existing customers, prospective customers, along with centers of influence to develop new business while concurrently increasing and retaining existing business. In addition, responsibilities include managing loan portfolios to ensure compliance with regulatory and loan policy requirements, as well as cross-selling bank products and services using a needs-based approach.

ESSENTIAL JOB FUNCTIONS:  

• Interviews commercial loan applicants and evaluates the viability of requests by identifying and collecting appropriate data necessitated for standard loan underwriting procedures to determine risk and profitability factors.

• Evaluates credit analyses while concurrently considering customer needs and other risk and regulatory factors prior to determining loan decision and negotiating terms.

• Determines the extent to which additional investigations are necessary for existing customers and new business prospects.

• Determines loan decisions within lending authority and/or recommends and presents loans for approval to appropriate approval authority including the Loan Committee and/or Board of Directors.

• Negotiates loan terms and conditions, as required.

• Prepares and approves line of credit renewals and extensions of matured notes.

• Enhances existing customer relationships by providing consistently excellent service.

• Reviews and monitors portfolio credit quality including but not limited to: initiating collection efforts, downgrading problem loans, along with constructing exit strategies when necessary.

• Provides policy and credit quality input to appropriate commercial personnel/committees.

• Demonstrates expert knowledge on bank products and services by engaging in cross-selling on a needs-based approach.

• Participates in new business and community development activities while representing the bank at various business and/or community events as requested to enhance bank visibility.

• Serves as voting member of Loan Committee as requested.

• Understanding of standard commercial loan documentation.

• Demonstrates understanding of commercial loan documentation along with possessing the ability to fully underwriter and analyst loan requests as necessary.

• Performs ongoing file updates, maintenance and organization.

• Exhibits regular and punctual attendance.

• Serves on bank committees as requested.

• Assumes additional responsibilities as requested.

EDUCATION/TRAINING/EXPERIENCE/SKILLS REQUIRED:

• College degree with preferred emphasis in business or accounting.
• Solid foundation in credit skills, finance and accounting.
• Top notch business development abilities
• Possesses computer competencies (Microsoft Excel and Word,  along with other bank specific platforms and programs).

• The following characteristics are highly desirable in this position:  Self-motivation, flexibility, ability to prioritize, high degree of time management skill, strong interpersonal skills, excellent organizational skills, strong negotiating skills, and excellent customer servicing abilities. In addition, the ability to effectively manage multiple projects and priorities fluently is highly desirable.

OTHER REQUIREMENTS:

• Participates in community involvement activities and/or non-profit organizations. 
• Demonstrates consistently reliable transportation to and from client meetings, community engagement events, and other off-site business related activities.

WORKING CONDITIONS:

Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards.  

Minimal physical effort required; normally seated with freedom of movement on a regular basis; handling of light materials and supplies.

\*External and internal applicants, as well as position incumbents who are or who become disabled as defined by the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.*\  **

Norway Savings Bank is an Equal Opportunity Employer.