Commercial Finance Officer

Posted 11 Days Ago
Be an Early Applicant
Cincinnati, OH, USA
In-Office
Senior level
Fintech • Software • Financial Services
The Role
Originate and manage a commercial loan and lease portfolio (primarily equipment financing), evaluate creditworthiness, structure and price loans/leases, support relationship managers, train junior officers, and ensure compliance with bank credit policies.
Summary Generated by Built In

“Republic Bank believes in the development and advancement of our associates.  We offer the opportunity to learn all aspects of the company to prepare for future advancement.  Come join our team for a career, not just a job!“ 

Grade 14

About Republic Bank

Republic Bank’s values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It’s one of the reasons we’ve been named as one of the Best Places to Work in Kentucky for ten years! For more information about the company, please visit www.republicbank.com.

POSITION PURPOSE AND OBJECTIVES
 
The Commercial Finance Officer is responsible for originating and managing an existing portfolio of loans and Leases, as well as supports other Relationship Managers in originating and managing commercial leases. This position is directly responsible as the Commercial Lender on subject account while the other Relationship Manager (Private Banker, etc.) will be responsible for the overall relationship management of client.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

MINIMUM QUALIFICATIONS
 
Minimum of 5 years’ experience in identifying and developing new commercial credit opportunities, preferably equipment loans required.
 
Ability to understand financial analysis, formulate appropriate loan structure and assess risk of complex companies and lending structures.
 
Proficiency in Microsoft Office products and internet applications.
 
ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES
 
Independently develop and manage commercial loan and lease relationships, primarily for equipment financing.
 
Support new commercial lease opportunities originated by Lenders through sales call assistance, reviewing financial statements to determine credit worthiness, and structuring and pricing commercial lease opportunities.
 
Effectively manage existing commercial loan/lease relationships and cross-sell all other bank products and services.
 
Decline credit opportunities that do not conform to the Bank’s policies or risk tolerance.
 
Share suggestions to improve the overall commercial lending/leasing platform.
 
Respond to referrals from Executive Management.
 
Train and support less experienced officers involved in the development of commercial leases.
 
Learn the credit culture of Republic Bank in order to present appropriate credits for approval.
 
  • Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
  • Model and foster behaviors that support the Bank’s values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
  • Willingly perform all other duties and projects as assigned.
INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED
 
Excellent verbal and written communications skills for effective interactions with bank clients, prospects, and senior management to meet financial investment objectives and/or resolve problems or complaints
 
Possess superior client relationship skills, marketing presentation skills, and sales skills in addition to extensive knowledge of products.
 
Ability to manage and prioritize multiple tasks.
 
Self-motivated and work in a team environment.
 
Requires a high energy level and strong sense of urgency.
 
PHYSICAL REQUIREMENTS
 

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision, and distance vision. The noise level in the work environment is usually moderate.

OTHER REQUIREMENTS
 
  • Travel between Republic Banking facilities may be required including occasional out of town travel.
  • Flexible work schedule may include some evenings, weekends and/or overtime.
  • Stay abreast of new developments, best practices, and statutory and regulatory changes.

**The above is intended to describe the general content of and requirements for the performance of this position. It is not construed as an exhaustive statement of duties, responsibilities, or requirements.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Authorized to work for any employer in the U.S. without visa sponsorship
  • Minimum of 5 years' experience identifying and developing commercial credit opportunities (equipment loan experience preferred)
  • Ability to understand financial analysis, structure loans, and assess complex credit risk
  • Proficiency in Microsoft Office products and internet applications
  • Excellent verbal and written communication skills for client and management interactions
  • Strong client relationship, sales and presentation skills and product knowledge
  • Ability to manage and prioritize multiple tasks, self-motivated, high energy, team-oriented
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The Company
HQ: Louisville, Kentucky
1,451 Employees
Year Founded: 1982

What We Do

Headquartered in Louisville, Kentucky, Republic Bank has grown to become the largest locally-owned community bank in Kentucky. With 47 banking centers across Kentucky, Indiana, Florida, Tennessee, and Ohio, we are driven by a clear mission: to enable our clients, our company, our associates, and the communities we serve to thrive. Learn more on our website or come see us to see how we can support your needs today. Time to thrive! We’re dedicated to meeting the needs of consumers, small business owners, and large corporations by offering a full range of competitive products and services—delivered with highly personalized service. Our goal is simple: to make an IMPACT and to exceed expectations at every turn, all while helping our clients and communities thrive financially and personally. Member FDIC Republic Bank & Trust Company Loan Originator ID # 402606 If you ever have questions, you may email them to [email protected] or call 1-888-584-3600. *Please remember never to disclose account or other financial information on any social media outlet.* Before joining the conversation, please review our Community Social Media Policy: http://www.republicbank.com/social-media-guidelines

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