Commercial Banking Job Description
Commercial banking
provides credit-related information to customer-facing employees including application status, system input procedures, detailed explanations regarding credit decisions and credit policies and guidelines.
Commercial Banking Duties & Responsibilities
To write an effective commercial banking job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial banking job description templates that you can modify and use.
Sample responsibilities for this position include:
Has general awareness of the international banking products and services provided by the International Banking Division
Maintain accounts including all systems of record
Commercial Real Estate - manages the Bank's major real estate relationships across Canada, through dedicated teams located in Vancouver, Calgary, Edmonton, Toronto and Montreal
Commercial Real Estate - manages the Bank's major real estate relationships across Canada, through dedicated teams loctated in Vancouver, Calgary, Edmonton, Toronto and Montreal
Of coordinator levels I and II
Manages incoming telephone calls when other International Banking Division staff members are not available
Manages mailing lists (including e-mail lists) for our commercial bankers, bank customers and prospects, and international correspondent banks
Has complete knowledge of ClientBuilder and other databases as identified in the International Banking Division, which are unique from other divisions
Maintains foreign country and foreign bank files for the International Banking Division
Maintains and organizes International Banking Division service users and prospects files
Commercial Banking Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commercial Banking
List any licenses or certifications required by the position: NPDP, CTP, HR, SHRM, CISA, PMP, CRMA, CRC, CIA, CPA
Education for Commercial Banking
Typically a job would require a certain level of education.
Employers hiring for the commercial banking job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Accounting, Economics, Education, MBA, Management, Graduate, Agriculture, Business/Administration
Skills for Commercial Banking
Desired skills for commercial banking include:
Bank products and services
Credit and credit quality
Organizational lending and portfolio management policies and objectives
Products and services
Commercial Banking products and services
Credit products
Procedures
Credit quality standards
All applicable laws and regulations
Company and business line policies and procedures
Desired experience for commercial banking includes:
Manages the department’s marketing supply needs
Routinely assists with keeping the International Banking Division intranet site on mb.net updated
Coordinates room reservations and invitations for workshops and seminars conducted occasionally by the International Banking Division
Proactively acquire new Aboriginal clients by developing a disciplined sales approach, understanding our clients’ culture and unique business needs, building long-lasting, trusting business relationships and proactively earning business and referrals
Deepen Aboriginal client relationships by providing proactive, tailored advice and solutions, being a client champion, leveraging internal and external partners and being the bridge between Canada’s Aboriginal communities and our Canadian Bank business line partners
Motivation to engage with and provide exceptional serve to Indigenous customers and communities
Commercial Banking Examples
1
Commercial Banking Job Description
Job Description Example
Our growing company is looking for a commercial banking. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for commercial banking
- Oversees loan portfolio for designated departments, approves loans within assigned limits, monitors credit quality and compliance to company policy and procedures and actively solicits new business
- Obtains appropriate supporting documents including title work, flood and OFAC searches, insurance, organizational documents, real estate collateral documentation and various due diligence items to verify compliance with loan approval and bank closing procedures
- Prepares underwriting packages
- Monitors and updates pipeline and other department reports
- Maintains physical and electronic credit files
- Analyzes financial statements, evaluates historical operating performance and financial condition and assesses operational and credit risk in preparing Vendor Financial Reviews and Modified CAMs
- Assists Commercial Banking Senior Analyst or Underwriter with research, due diligence, and analysis as requested
- Retrieves and reviews daily overdraft reports and ACH exceptions and recommends appropriate disposition of overdrafts and ACH exceptions with adequate research to support recommendation
- Cross trains in Commercial Banking Compliance Coordinator functions including maintenance of the Baker Hill database, which is used to track financial statement reporting requirements, distribution of Baker Hill past due and expiring reports and preparation of client letters
- Execute internal and external client communications campaigns
Qualifications for commercial banking
- Ability to conduct general and tailored due diligence on strength of customer financials for deals of moderate size and complexity
- 8-10 years of commercial banking/real estate experience preferred
- Must be able to articulate clearly and concisely when interfacing with customers and other Bank partners
- Advanced knowledge (BDEV, CRISP, DDA, Analysis, CLS, Branch Connections) preferred
- Previous experience in Commercial Banking would be an asset
- Financial modeling experience would be an asset
2
Commercial Banking Job Description
Job Description Example
Our company is growing rapidly and is looking for a commercial banking. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for commercial banking
- Meet with internal clients and work directly with project teams to support communications
- Ensure that communications tell an articulate, consistent story about business priorities, with a strong voice and the right channels
- Ensure that communications help the business achieve their targeted results
- Ensure all messaging and communications strategies are focused, accurate, and aligned with Commercial Communications approach
- Openly and actively contribute as a member of the Commercial Communications team
- Work as a liaison between Credit Risk and Commercial Banking to complete some underwriting on current deals, including doing spreads, completing FAMs (underwriting and loan approval), and filing completed financials
- Partner with local banker support teams to provide marketing support
- Provide direction, assistance and ensure the appropriate training of a lending team comprising of two Senior Managers, one Senior Account Manager and one Account Manager and two Credit Officers
- Work with other branch teams such as Loan Administration, Cash Management and Retail to build a strong high performing branch team
- Work with Branch Manager and other team leads to build a highly engaged team
Qualifications for commercial banking
- Previous banking experience as a Commercial Loan Assistant
- Proficiency with Microsoft Word and Excel programs
- The Accounting session, complete with two exams
- Attend all classes and complete homework and other assignments as required
- Demonstrate competence in materials presented and ability to successful complete a Credit Proposal Summary write-up on a typical bank client
- Must be enrolled in a 4-year accredited college or university with a graduation year of December 2016 or May 2017
3
Commercial Banking Job Description
Job Description Example
Our innovative and growing company is looking for a commercial banking. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial banking
- Overall management of the Vectra Bank Commercial Banking (C&I) Department
- Leads multiple teams in generating, retaining and expanding lending, investment and deposit relationships with new and existing clients
- As a member of Senior Management participates in developing the Bank's overall objectives and long-term strategic plans
- Responsible for implementation of objectives and strategies that support and compliment bank goals and aspirations
- Develops staff that supports sales and service objectives
- Supports and upholds employment policies, goals and regulations
- Complete research and identify potential new clients through review of technology press and industry databases
- Reviews credit approval memorandum and loan documents for new and renewed loans to ensure compliance and adherence to the loan approval guidelines
- Manages the loan closing pipeline and communicates timelines with internal loan operations department, lenders, title companies, etc, throughout the loan process
- Coordinates the application of loan deposits and disbursement of loan proceeds to ensure funds are applied correctly and all costs and invoices as paid at loan closing
Qualifications for commercial banking
- Must be detail oriented, have effective organizational, written and communication skills
- Ability to prioritize and work on competing deliverables
- Minimum 2 years experience in Leading Teams and managing personnel
- Ability to use all Microsoft Office 2007 applications (Word, Excel, PowerPoint, Access and Outlook) Preferred Marketing or Business Major
- Bachelor’s degree or related knowledge/skills gained through 2 – 3 years of banking experience required
- Must be resourceful and able to search out answers and solutions to complex problems and issues
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Commercial Banking Job Description
Job Description Example
Our company is looking to fill the role of commercial banking. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial banking
- Provide support administering day to day credit and loan process inclusive of department’s past due accounts, tickler review, credit extensions, and customer inquiries
- Review and process documentation for loan agreements and borrowing arrangements
- Review documentation for renewals and restructures as approved by management
- Prepare and review documentation requests, contact loan officers for missing information
- Monitor overdraft accounts daily and report findings to assigned officers for approval
- Maintain file room and prepare new commercial credit files
- Responsible for sending files for preparation and securing approval signatures of Satisfactions, Releases and UCC3s
- Prepare transmittal letters or ELODs for advances and pay down requests
- Verify for accuracy new loan booking data on system against note terms and conditions
- Prepare and mail financial statement requests to customers and obtain all necessary financial documentation, financial statements, tax returns, and order credit reports as needed to keep files current and update Baker Hill and ECM tickler
Qualifications for commercial banking
- Current student or recent graduate pursing a major in Economics, Accounting or Finance required
- Must have completed a minimum of 1 year in an accredited college or university
- Motivated to learn and improve operational processes
- Must be able to demonstrate solid writing and verbal communication skills
- Minimum 5 years of relevant banking experience in a corporate banking/cash management role with client relationship management responsibilities, with similar responsibilities as described above
- Strong foundation in Transaction Services products including cash management, liquidity and cross-border products are a prerequisite
5
Commercial Banking Job Description
Job Description Example
Our growing company is hiring for a commercial banking. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial banking
- Respond to vendors, accountants and auditors for balance verification
- Monitor loan maturity dates and prepare loan extension reqeuests
- Coordinate with business banking team to keep customer in compliance with financial reporting and covenant requirements
- Arrange closings of renewals and restructures and book same on loan system
- Coordinate with management and internal legal counsel to ensure that legal counsel is assigned to cases where representation is necessary
- Regularly interact with third party service providers
- Manage the application of payments on the loan system to conform with the terms of the loan documents
- Pro-actively seek information from clients and prospective clients to understand possible changing situations, needs and desired benefits, communicate information to relationship officer
- Handle daily customer requests via phone and/or system such as account opening, balance inquiries, wire processing
- Performs a wide variety of duties to help in the preparation, receipt and closure of commercial loan documents
Qualifications for commercial banking
- Expert understanding of various regulatory/compliance policy and procedure including but not limited to Fair Lending, OFAC, Flood, Regulation O, highly leveraged transactions
- Meet and/or exceed our Service Level Agreement commitment
- Proficiency in MS Office and other system applications
- Bachelor's degree required and 4+ years of marketing experience
- Bachelors/Undergraduate degre
- Associates degree or better, with 2-3 years of banking experience (retail or commercial)