Summary
Finding quality commercial lenders is getting harder and harder. Community banks used to be eager to hire people who had been through training programs at regional or nationwide banks. But the widespread trend toward specialized career paths might make it harder to find a candidate that has all the pieces. In a candidate-short market, retention efforts are more important than ever.
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Looking for Lenders
Finding quality commercial lenders is getting harder and harder, say a chorus of bankers, bank consultants and executive recruiters. Several factors have combined in recent years to make the shortage more acute: Demographic trends point toward a labor shortage across the economy; big banks have curtailed their credit training programs; and commercial lending career paths emphasize selling or credit assessment, but not both. That means that banks might have ...
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