COMMERCIAL LENDING OFFICER SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: July 26, 2024 - The Commercial Lending position requires expertise in deal structuring, underwriting, and managing business development within commercial banking. Key responsibilities include analyzing financial statements, assessing creditworthiness, and effectively communicating with clients to foster relationships and growth. Proficiency in regulatory compliance and demonstrated sales skills are essential for driving successful lending outcomes.

Essential Hard and Soft Skills for a Standout Commercial Lending Officer Resume
  • Financial Analysis
  • Credit Risk Assessment
  • Loan Structuring
  • Regulatory Compliance
  • Underwriting
  • Portfolio Management
  • Cash Flow Analysis
  • Economic Forecasting
  • Document Preparation
  • Financial Modeling
  • Negotiation
  • Relationship Building
  • Communication
  • Problem Solving
  • Persuasion
  • Strategic Thinking
  • Adaptability
  • Client Management
  • Leadership
  • Decision Making

Summary of Commercial Lending Officer Knowledge and Qualifications on Resume

1. BA in Finance with 4 years of Experience

  • Experience in Commercial Lending, new business development, deal structuring, underwriting, and portfolio management.
  • Prior experience excelling working with traditional middle market C&I companies as a commercial lender and new business development officer.
  • Must have the ability to understand and interpret financial statements, and provide sound credit guidance regarding sourced business.
  • Ability to solicit new business, advise prospects and customers of product lines, determine creditworthiness, and prepare detailed proposals.
  • Experience in Commercial Banking or equivalent combination of education and experience
  • Ability to communicate well with customers and employees, both verbal and written
  • Knowledge of lending regulations and policies
  • Problem-solving abilities, business development/sales skills
  • Proven track record of effective sales/service skills and techniques.

2. BA in Business Administration with 3 years of Experience

  • Experience in a credit analysis/underwriting role relative to commercial lending
  • Experience in a customer-facing/marketing role 
  • Solid knowledge of financial lending regulations
  • Results oriented, sales aptitude with demonstrated ability to achieve organizational and business goals
  • Basic computer proficiency and working knowledge of Microsoft Office Suite
  • Ability to work flexible hours and branch hours of operation
  • Careful attention to detail and time management
  • Excellent interpersonal and communication skills
  • Strong team player
  • Demonstrate a high level of knowledge of Bank Secrecy Act and OFAC related responsibilities in the performance of daily operations to ensure adherence to bank policies and compliance with all regulatory requirements.

3. BA in Economics with 5 years of Experience

  • Fundamental understanding of the credit analysis process and requirements
  • Banking experience in the related department that offers direct exposure to lending policy/guidelines (i.e. credit analysis, loan review, banking center management, etc.)
  • Experience in a lending related position that offers direct exposure to lending policy/guidelines
  • Thorough business knowledge of the business lending industry.
  • Experience with treasury management sales.
  • Demonstrated secondary market skills and knowledge.
  • Excellent communication skills.
  • Knowledge of lending laws, regulations, policies and compliance.
  • Ability to develop or improve loan products.
  • Ability to develop strategy for seminars, presentations and trade shows.