Job Description

NMTC Loan Officer

At Sunrise Banks we are committed to a culture of trust and transparency that welcomes all.

Position Summary

The New Market Tax Credit Loan Officer will service and maintain a portfolio of a variety of commercial loan accounts but will focus on New Market Tax Credit (NMTC) loan programs. Interview, assess and analyze prospective loan clients and their financial position. Establish new business loans and deposit prospects through sales calls, networking and referral base. Grant new loans according to bank guidelines and loan policy.

Essential Functions

• With guidance/oversight of Director of Strategic Lending, responsible for deployment of any NMTC allocation awards.
• Collects and analyzes financial and related data to determine the credit worthiness of the borrower within the parameters of the bank's loan policies. Establishes and negotiates the terms under which credit will be granted to comply with loan underwriting guidelines.
• Solicits business from new & existing customers; actively seeks out, identifies and solicits NMTC and commercial loan business consistent with the bank's objectives to increase the NMTC and commercial loan portfolio.
• Oversees weekly closing calls for NMTC projects and ensures proper loan documentation is executed at closing in line with bank policies and NMTC compliance.
• Manages individual loan portfolios including annual reviews, renewals, problem loan monitoring, and NMTC compliance.
• Reviews existing loan portfolio for documentation exceptions and periodic financial statements.
• Provide support on annual NMTC application writing, review and submission to CDFI Fund.
• Refer clients and prospects to ancillary services as appropriate, including Treasury Management, Personal Banking, and Mortgage.
• Performs other responsibilities and special projects as assigned.

Supervisory Responsibilities

Will demonstrate leadership and provide coaching as needed, including Commercial Lenders, Portfolio Managers, fellow Strategic Lending team members and BBAs.

Competencies

• Sunrise Core Values
• Individual Contributor Competencies
• Manager Competencies
• Area Expertise
• Change Champion
• Influencing Skills
• Strategic Thought
• Conflict Resolution

Education & Experience

• College degree in business related field or equivalent relevant experience preferred.
• Experience with government loan programs and NMTC program
• Previous financial industry experience required.
• Strong sales skill set.
• Previous credit experience required.
• Comprehensive skill set in the use of the following software applications: Microsoft Excel, Word, PowerPoint, and Outlook.
• Dale Carnegie sales training beneficial.
• NMTC/Commercial loan experience required, as follows:
• Level 1 = Five (5) years.
• Level 2 = Ten (10) yrs

Compensation & Benefits

The expected annualized salary range is between: $79,410 - $197,635 DOQ. In addition, this position is eligible for a Discretionary Incentive Bonus based on production goals.

Benefits: Medical, Dental and Vision insurance, FSA, Retirement (401k) savings, Life and AD&D insurance, Short and Long-term disability insurance, Paid Time Off (PTO), Volunteer Time Off, Paid Parental Leave, Pet Insurance, and more. Details at

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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