Commercial Loan Officer Trainee
Company: Bank of Ann Arbor
Location: Ann Arbor
Posted on: January 15, 2022
Bank of Ann Arbor is one of the nation's best financial
institutions, serving the Southeast Michigan area for over 25
years! At Bank of Ann Arbor, we help our clients succeed
financially. We serve our clients with a purpose and a passion, and
our talented team delivers uncompromised value with every
interaction. It is the mission of Bank of Ann Arbor to be a
dynamic, growing and sustainable community bank that is the premier
financial institution within the markets it operates; it will be
owned by individuals in its markets, managed locally, and
responsive to the needs of its communities. The Bank will serve and
partner with its customers and communities to achieve their
financial goals through high quality products delivered by
energized employees and through community service comprised of
donations, time, and leadership. Our employees are valued and will
work in a culture that invests in their development and rewards
their positive contributions. Who You Are A people person! We are
looking for someone that enjoys building relationships with
clients, you will work through a training rotational program that
will prepare you to be a Commercial Loan Officer once completed.
Successfully complete training rotation over a 2-3 year period in
functional areas noted below leading to placement in a commercial
loan officer position. Rotations:
- Documentation group for six weeks.
- Credit Department for twelve to twenty-four months.
- Loan Group Rotation for three-nine months. Credit Department
- Use analytical skills to independently and objectively evaluate
the creditworthiness of current and prospective commercial
- Prepare timely and insightful credit analysis applications for
a diverse, medium to high complexity and sophisticated portfolio of
commercial & industrial, commercial real estate and private banking
/? professional services commercial loan customers.? Loan size may
range from $100,000 for more straight forward lines of credit to
$20 million for more complex credits.? Create thorough and concise
analyses of the risks and mitigants of pending commercial loan
requests by reviewing and analyzing the borrowers? financial
statements, including but not limited to income statements, cash
flow statements, balance sheets, tax returns, personal financial
statements, real estate and C&I collateral appraisal reports,
industry analysis, and environmental assessment reports.
- Prepare advanced sensitivity analyses, pro forma cash flows,
and assessments of collateral and guarantor financial condition.?
Conduct analysis of the market (customers) and industry
(competition, suppliers, substitutes, and potential new entrants)
and management teams and/?or deal sponsors.? Provide independent
recommendations to credit and lending management on whether to
approve or renew loans, modify terms of existing loans, maintain or
change risk ratings of existing loans, and otherwise suggesting the
appropriate credit action.?
- Conduct independent and objective annual reviews of existing
loans as well as scheduled and unscheduled loan reviews of the
- Review approval conditions vis-a-vis the loan documentation for
existing loans to ensure integrity of the credit process.?
- Evaluate and opine on loan covenants, appraisals, and
environmental reports as part of the underwriting analysis.
- Attend joint calls on clients and prospects with commercial
loan officers, commercial real estate loan officers, and cash
- Exposure to Trust and Investment Management Group officers to
learn product set.
- Exposure to Cash Management Department officers and staff to
learn product set. Documentation, Cash Management and Trust &
- Acquire overview of workflow in each area. Loan Group
Rotations: Shadow group manager and one designated high performing
lender. Participate in customer, prospect and COI meetings. Attend
networking events. Must be included in numerous discussions where
negotiations occur. Group rotations to include one or more lending
departments such as Commercial Real Estate, Ann Arbor, Birmingham,
Keywords: Bank of Ann Arbor, Ann Arbor , Commercial Loan Officer Trainee, Other , Ann Arbor, Michigan
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