Commercial Banking Officer, Residential Const - Birmingham, United States - ServisFirst Bank

Description

Job Description Job Description At ServisFirst, Our Name is Our Mission.

DUTIES AND RESPONSIBILITIESThe Commercial Banking Officer Residential Construction is Responsible for the origination, underwriting, structuring and closing of construction and development loans, as well maintaining and servicing an existing portfolio.

The Officer represents the Bank in the local community through active participation in community affairs and participates in marketing all of the Banks products and services.

The incumbent will:

Evaluate needs of potential clients and offer appropriate financial products, services and loans within a multistate footprintPromote and cross-sell other products and services as appropriate to client requirementsRespond to client phone calls, inquires and requests regarding accounts within 24 hoursConduct networking activities such as community events, attending local Chamber of Commerce meetings, developing relationships with Centers of Influence and entertaining clients/prospects to enhance relationships and create new salesDevelop call lists of clients and prospects to meet monthly call goalsConduct warm and cold prospect calls in accordance with stated goalsGenerate new business to meet annual growth goalsAssist in managing the administration of all construction loan files, which includes reviewing and analyzing the cost to build, debt ratios, cash to close, etc., funding the loan, monitoring the disbursement of construction funds, inspecting properties, reviewing inspections, project reviews, contractor reviews, and whatever else is necessary to ensure safety and soundness of the construction division.

Consolidates and presents construction loans in loan committee for approvalInforms management, including the loan Committee, of issues that arise during the construction process that could negatively impact our ability to obtain long term financingCoordinates with attorneys, title companies, appraisers, inspectors, and members as necessary to ensure a smooth construction processInterview loan applicants and collect and analyze financial and related data to determine the general credit worthiness of the prospect and the merits of the specific loan requestAscertain feasibility of the construction project including marketability of the completed project for commercial residential, commercial income property, land loans, and speculative residential property.

Establish and negotiate, where necessary, terms under which credit will be extended, including the costs, repayment method and schedule, and collateral requirementsReview construction inspections and, with the assistance of the construction loan administrator, monitor draw requests to ensure that sufficient money remains to complete the projectWork with general contractors to help ensure that the project is moving smoothly and that subcontractors are being paidResponsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

Note:
Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job


Note:

Additional duties and responsibilities may be assignedMINIMUM QUALIFICATIONSBachelors degree in related field and minimum of three (3) years banking or financial services experience requiredAbility to review and interpret As Is and As Complete construction project appraisals.

Strong understanding of the construction project entitlement process.
Strong understanding of, and ability to negotiate, complex construction loan documentation.
Excellent communication skills, with ability to quickly understand and communicate concepts both verbally and in written form.
Excellent accounting knowledge (college coursework or equivalent work experience) as applied to construction loan underwriting.
Ability to stay organized and multi-taskExperience using Microsoft Outlook, Word and ExcelPHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONSThe physical requirements and environmental conditions of this position consist primarily of:Sustained standing and sittingFrequent use of PC, including typing or sustained attention to monitorOccasional presentations requiring public speaking to small groupsOccasional lifting of basic office files or equipment up to 20 lbsNormal office environment with comfortable internal temperatures and low level noiseSome travel necessary for client/prospect meetings and networking eventsEOE/AA#J-18808-Ljbffr