Career Opportunity

Commercial Loan Officer

CIC has an opening for an energetic self-starter with commercial lending experience who is willing to learn the intricacies of U.S. Small Business Administration (SBA) loan programs and other loan programs offered by CIC; is focused on quality customer service; and is flexible in his/her approach to working with lending partners and borrowers.

Commercial Loan Officer Position:

The primary responsibility is to originate loan opportunities and to manage those opportunities from origination through loan closing with the support of seasoned CIC support staff.  

Job Essentials:

The successful candidate must develop expertise in the procedures, rules and regulations governing the CIC’s loan programs and be able to apply that knowledge to a wide variety of loan opportunities. Specific job essentials below: 

  • Identify and cultivate new borrower relationships and facilitate the expansion of gross portfolio borrowings through focused sales and referral activity.
  • Market to, and expand upon, CIC’s established referral network of bank and non-bank lenders, brokers, accountants, lawyers and other groups.
  • Represent CIC at before hours, after hours and weekend outreach, educational and marketing opportunities (e.g. Chamber of Commerce Events, Professional  Association events, Small Business Fairs and Conferences, Meetings and Seminars).
  • Work with prospective borrowers and lending partners to determine structure, eligibility and other loan program requirements qualifying each loan.
  • Advise and assist Credit Department in developing underwriting memoranda including issues such as structure, project and borrower eligibility, and credit issues relating to each loan.
  • Manage/Direct and assist in each step of the loan origination and approval process. These steps include, but are not limited to, obtaining a completed loan application package and fee; final program eligibility analysis; business, credit, and financial analysis; presentation of an accurate/relevant transaction profile to CIC’s Loan Committee and Board; and submission to SBA.
  • Review underwriting memoranda and SBA applications of other Commercial Loan Officers for quality control purposes. 
  • Assist Loan Servicing and Liquidation Manager with more complex servicing and liquidation tasks.
  • Conduct portfolio site visits when required.

Core Qualities:

  • Customer Service – Responds promptly to lending partner and borrower needs; sets reasonable expectations and meets them; consistently focus on end results.
  • Teamwork – Contributes to building a positive team attitude; Supports organization’s efforts to succeed both financially and in furtherance of the economic development mission.
  • Professionalism – Follows through on commitments. Represent CIC in a professional manner in all dealings with the public.

Candidate Qualifications:

  • Bachelor’s Degree or equivalent experience in accounting, finance or related field.
  • Minimum 3 – 5 years of commercial lending experience or related experience such as within commercial real estate or other finance position. 
  • Ability to develop and maintain strong business relationships.
  • Ability to adapt to the processes and work styles of different lending partners.
  • Excellent written and verbal communication skills. 
  • Working knowledge of Microsoft Office and ability to learn program-specific software applications. 

To apply, please send your resume and letter of interest to: lsilva@ciclending.com