Commercial Loan Officer

Pentucket Bank is a community bank supported by the strength of our shared services organization River Run and banking affiliates Newburyport Bank and Rollstone Bank and Trust. Together we shape the evolution of community banking through innovation and strong partnerships while preserving the heartfelt service our customers value. Here you will discover opportunities for professional growth make a meaningful impact in your local community and join a team that champions integrity respect teamwork and continuous progress. Start with heart.

The Commercial Lender is responsible for attracting developing and maintaining new commercial loans commercial deposit and commercial banking relationships with individuals non-profits and businesses within the Banks footprint. This position also cross-sells other bank products and services to this targeted client group and represents the Bank within the community.

Essential Job Functions

• Seeks out new business opportunities within the Banks defined market areas and participates in business development efforts to attract and retain quality clients; develops and maintains professional relationships with referral sources including business brokers accountants attorneys and other centers of influence.
• Screens and interviews new loan applicants collects and analyzes financial and related data to establish creditworthiness negotiates credit terms when necessary and monitors loan repayment activities.
• Promotes and sells related Bank financial products and services while working with business partners to expand existing client relationships and acquire new business.
• Partners with the Portfolio Manager to manage all aspects of the loan relationship including credit analysis and approvals loan closing timely completion of credit file commentary collection of financial information and proactive identification and mitigation of potential risks.
• Maintains current knowledge of Bank products services procedures policies and applicable regulatory and compliance requirements through team meetings and required training; ensures adherence to federal and state laws Bank policies and requirements including the Bank Secrecy Act (BSA) as applicable to the role.
• Verifies transactions and account balances to ensure accuracy and compliance with Bank policies and applicable regulations while participating in civic social and community relations activities to promote and strengthen the Banks presence and reputation.

Qualifications Experience and Education

• Minimum of 5 years of progressively responsible experience in commercial lending and commercial banking required; bachelors degree with a business focus preferred.
• Strong working knowledge of credit structure Bank policy guidelines and key factors used to assess credit quality; demonstrated ability to evaluate applicant risk profiles structure credit appropriately and actively manage lending risk.
• Strong working knowledge of commercial loan deposit and Treasury products; formal sales and/or credit training preferred.
• Proficient in Microsoft Office applications including Word Excel PowerPoint and related software.
• Highly organized and proactive planner with strong time management verbal and written communication skills.

Pentucket Bank is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race color ancestry national origin gender sexual orientation marital status religion age disability gender identity results of genetic testing or service in the military.

If you are an individual with a disability and require a reasonable accommodation to complete the application process you may contact Human Resources at or call .

The salary range represents an estimate based on market data for this position. Final compensation decisions are made based on experience skills and internal equity to ensure fairness and consistency across our organization.