Peoples Bank Small Business Lending Specialist at Peoples Bank

Bellingham, Washington, United States -

Full Time

Start Date

Immediate

Expiry Date

06 Jul, 26

Salary

42.04

Posted On

07 Apr, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit analysis, Underwriting, Financial statement analysis, Loan documentation, Portfolio management, Business communication, Microsoft Office, Problem-solving, Decision-making, Organizational skills, Interpersonal skills, Accounting principles, Banking regulations, Risk assessment, Loan origination

Industry

Banking

Description

Description Small Business Lending Specialist TBD-This position has flexibility to work from any of our branch locations but requires to be on-site at Barkley Financial Center a minimum of 1 day per week. Monday – Friday 8:00 am to 5:00 pm | 40 hours per week A Day in Your Life at Peoples Bank: As a Small Business Lending Specialist, you will assist Small Business Lending Officers with analysis, underwriting, documentation, and portfolio management. You will primarily be responsible for analyzing businesses, financials, collateral, preparing written analysis and recommendations for approval, as well as coordinating loan closings, and ensuring documents are properly prepared and executed. Your Primary Responsibilities Would Include: 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. Requirements What You Bring to the Team: 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. This position description is not intended to cover or contain a comprehensive list of all functions, duties or responsibilities that are required in this position. Functions, duties, or responsibilities are subject to change at any time with or without notice. *For a comprehensive job description please contact HR department at Human.Resources@PeoplesBank-wa.com The Bank’s Commitment to You: We ensure that YOU are provided with dedicated, tailored support from our existing team. We admire your passion for growth and self-fulfillment, so we offer engaging professional development and career advancement opportunities. In addition, you will be working with a widely supportive HR team with a wealth of knowledge across a variety of areas. For over 100 years, Peoples Bank’s philosophy of “People First” has created an unwavering commitment to our employees, customer, and local communities. Our purpose is to serve our communities with honesty, integrity, respect, and commitment – and our promise, “A Higher Level of Service” always starts and ends with people. We strive to be the “Best Community Bank in the Pacific Northwest” and that endeavor includes being the “Best Employer in the Pacific Northwest”. Our Employees Enjoy Generous Benefits: We are proud to offer hybrid work from home options for most non-customer-facing positions. We share our success with you through Profit Sharing, Incentives, and other Bonus Structures, based on your position. We enjoy a healthy work/life balance by offering 12 days of paid vacation, 2 paid wellness days, 2 days of paid community service time, as well as paid sick leave that is accrued based on hours worked. Our employees will also enjoy 11 paid holidays throughout the calendar year. We understand that wellness needs can look different for everybody, so we provide a full suite of Health benefits to employees and their families that include Medical, Dental and Vision Insurance, Mental Health Resources, and a $200 annual reimbursement for wellness related expenses. We invest in your financial security by providing an 8% 401(k) employer match and safety net of life and disability plans. EEO Statement(s): At Peoples Bank, we know we are better together. We are dedicated to crafting a workplace that reflects the different backgrounds and perspectives of our communities, customers, and employees. If you’re excited about the job, we encourage you to apply, all experiences are welcome. Peoples Bank is proud to be an equal opportunity workplace and affirmative action employer.

Responsibilities

The Small Business Lending Specialist assists officers with financial analysis, underwriting, and loan documentation. They are responsible for managing loan portfolios, coordinating closings, and ensuring compliance with banking policies and regulations.