Commercial Loan Officer - Asset Based Lending

Company: Rockland Trust Co.
Location: Boston
Posted on: April 1, 2025

Job Description:

Rockland Trust is currently seeking an Asset Based Lender to join the growing team based in our Boston office.The essential functions of this role include:

• Participating in soliciting, structuring and managing both new and existing business for the ABL Division.
• Developing a network of referral sources and outsource partners to lead the new business effort, calling on prospects, centers of influence and other contacts as appropriate.
• Assisting in preparing loan packages for loan approval, including submission for Senior Loan Approval Committee.
• Acting as a Credit and Lending Professional in pre-screening new business for appropriateness, structure and offering a key opinion to continue to solicit an opportunity for the Division.
• Responsible for nurturing customer relationships as well as cross-selling bank products and services.
• Assisting in the loan closing process and on-boarding of new customers.
• Participating in Industry Events and educational programs to help market the Rockland Trust Brand.
• Working with ABL Senior Leadership on various projects around the business and performing other duties as directed.Required Skills:
  • The candidate shall possess the ability to make lending recommendations, which are based on their analysis of the business's financial condition, cash flow, collateral and its repayment capacity.
  • Ability to interview loan applicants to develop information concerning their business, needs, and earnings to determine whether the loan would be an acceptable risk to the Bank.
  • The candidate is trained in managing an ABL portfolio of loans and understands all of the concepts unique to ABL Loans.
  • Function as a key team member to help grow the ABL Division at Rockland Trust.Required Experience:
    • Formal Credit Training
    • 10+ Years of prior ABL Business Development and/or Relationship Management experience at a Bank.
    • Prior direct underwriting experience for ABL preferred
    • Bachelor's Degree in Business, Accounting, Finance, Economics, or equivalent experience.Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Vacation Time, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an Award Winning Wellness program and much more!At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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Keywords: Rockland Trust Co., Boston , Commercial Loan Officer - Asset Based Lending, Other , Boston, Massachusetts