A Commercial Loan Officer is responsible for managing a portfolio of commercial loans and developing new business by identifying and targeting potential customers. They work in financial institutions, such as banks, credit unions, and other lending institutions, and are responsible for analyzing creditworthiness and evaluating loan applications.

Key responsibilities of a Commercial Loan Officer include:

1. Managing a portfolio of commercial loans: Commercial Loan Officers manage a portfolio of commercial loans, ensuring that all loans are managed according to the lending institution's policies and procedures. They monitor loan performance, identify potential problems, and take action to resolve issues.

2. Developing new business: Commercial Loan Officers develop new business by identifying and targeting potential customers. They network with business owners and professionals to develop relationships and promote the lending institution's products and services.

3. Analyzing creditworthiness: Commercial Loan Officers analyze the creditworthiness of potential borrowers by evaluating their financial statements, credit history, and other relevant information. They determine the risk associated with each loan and make recommendations to the lending institution's management team.

4. Evaluating loan applications: Commercial Loan Officers evaluate loan applications and make recommendations to the lending institution's management team. They ensure that loan applications are complete and accurate, and that all relevant information is obtained and analyzed.

5. Negotiating loan terms: Commercial Loan Officers negotiate loan terms with borrowers, including interest rates, repayment terms, and collateral requirements. They ensure that loan terms are appropriate for the borrower's needs and consistent with the lending institution's policies and procedures.

6. Staying up-to-date on industry trends: Commercial Loan Officers stay up-to-date on industry trends and changes in lending regulations, ensuring that they are providing the most current and accurate information to borrowers and the lending institution's management team.

Overall, a Commercial Loan Officer plays a critical role in managing the lending institution's commercial loan portfolio and developing new business. They analyze creditworthiness, evaluate loan applications, negotiate loan terms, and stay up-to-date on industry trends and changes in lending regulations.