Position Summary:

Accountable for portfolio of complex, large business and private banking loans generally ranging in loan relationship size from $750,000 and up, including proposing and negotiating lending solutions on new lending opportunities, underwriting credit risk, and granting credit approval within prescribed level of loan authority; presenting credit recommendation to Loan Committee; facilitating loan closing; and servicing booked loans. Contributes to effective risk management through ordering and execution of loan documentation and ongoing monitoring of customer-supplied information and collateral administration. Assists in training other supporting credit personnel.

Responsibilities:

• Direct the loan decision-making process by providing in depth, high-quality credit and risk analysis and communicate underwriting results with Financial Guide and customer. Contribute to sound loan portfolio management through approving or declining credit applications.
• Ascertain lending needs, propose and negotiate loan products and credit solutions for new loan opportunities.
• Propose loan programs (SBA, USDA, FSA, etc.).
• Evaluate and suggest loan pricing options, notate pricing exceptions.
• Evaluate customer’s response to proposal, communicate appropriate alternative structures if necessary, work to gain customer’s acceptance and formal credit application.
• Develop comprehensive understanding of customer’s financial needs, and formulate a plan of action for loan structure, monitoring, and servicing of loan relationship.
• Perform financial statement forecasting and sensitivity analysis to assist in determination of borrower’s future capacity to repay debt.
• Meet with customer to review financial statement spreads and projections, discuss results.

• -College degree or equivalent education, including upper level courses in finance and accounting.
• In-depth knowledge of advanced loan documentation, banking laws, and regulations preferred, but not required.
• 5+ years of experience working with large, complex commercial loans.
• Experience assessing, selling, and closing all types of business and consumer loans.

With roots dating back to 1879, Alerus has been serving individuals, families, and businesses with one core belief: everything we do should be in the best interest of our customers. Our proud history of perseverance and prosperity owes a great deal to the customer-focused approach we've held since day one.

Alerus is a company that will challenge you to be at your best and where your efforts have real, tangible effects. Our culture is one of collaboration, innovation, forward-thinking, and giving back. And, as a growing company with a presence in markets across the country, we offer a broad range of opportunities for you to travel the career path that matches your abilities, interests, and goals.

Alerus Financial is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

Please apply online via our website: https://www.alerus.com/about-us/careers/employment/