About the role
SUMMARY/OBJECTIVE: The Franchise & Restaurant Loan Officer is responsible for actively seeking and creating partnerships with full service and quick-service restaurant (“QSR”) owners and professionals looking for financing to increase the Bank’s strong QSR loan portfolio while simultaneously supporting, servicing, and maintaining existing client relationships. ESSENTIAL FUNCTIONS: * Maintain and develop Bank’s existing portfolio by assessing and meeting existing clients’ needs and through actively seeking new business * Assist in all phases of the loan life cycle (from application to post-closing) by: * Identifying and evaluating commercial loan opportunities. * Presenting and recommending appropriate loans to the Bank’s credit committee. * Compiling necessary information needed for underwriters to evaluate the deal accurately. * Consistently communicating with the borrower and Bank staff throughout the loan process. * Working with the loan closing team and the Bank’s attorney to close the loan. * Reviewing annual loan reviews and renewals for existing relationships while identifying potential credit weaknesses and validating/assigning appropriate risk ratings * Monitoring a loan portfolio, including but not limited to delinquent loans, matured loans, line of credit renewals, status reports, etc. * Maintaining accurate document management records of clients and managing the process to request, collect, and store client documents. * Engage with third party consultants on construction loans in order to monitor construction progress * Review and oversee requisition processes for construction loans * Monitoring lease, franchise and remodel dates, documentation relating to extensions, completion dates, and upcoming financing needs relating to these requirements. * Cultivate long-term relationships with clients and outside professional centers of influence by developing positive Bank recognition by attending and coordinating networking events, functions, and industry events. * Maintain comprehensive understanding of current commercial products offered in the QSR industry. * Keep informed of all relevant industry trends and practices. * Resolve non-routine and complex problems with specialized knowledge and independent action. * Responsible for understanding the impact of QSR Lending on the Bank’s goals. * Verify quality, completeness, and accuracy of supporting loan documentation and analysis while ensuring loans comply with the Bank’s lending policy and regulatory requirements and procedures (State and Federal). * Maintain accurate department records and other duties as assigned by supervisor. * Assist in various special projects as assigned. * Flexible schedule - must travel out-of-state and participate in Bank events during and after hours.
JOB QUALIFICATIONS: * 5+ years of commercial lending experience preferred, including QSR franchise, commercial real estate, and construction * Master’s degree in business, finance, or accounting preferred. * Strong analytical, technical, and statistical skills. * Sound knowledge of credit risk, accounting principles, financial statements, and tax returns. * Strong understanding of the banking industry and the regulatory requirements associated with it. * Excellent decision making / problem-solving skills. * Advanced writing and oral communication skills. * Ability to multitask, prioritize, and manage time efficiently. * Strong computer skills, including Microsoft Office products and lending programs. * Proven track record of relationship/portfolio management as well as loan origination.
The targeted annual salary range for the Franchise & Restaurant Loan Officer is $160,000 - $200,000 per year and commensurate with experience.