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Credit Union ONE · 3 months ago

COMMERCIAL LOAN ORIGINATOR

United States

Full-time

Remote

Senior Level

7+ years exp

Credit Union ONE has a Commercial Lender opportunity within our Commercial Loan department. The Commercial Lender is responsible for originating and growing commercial loans and commercial deposits by creating relationships with local business owners and promoting Credit Union ONE as a source of commercial lending.

BankingFinancial Services

Responsibilities

Responsible for assigned commercial portfolio and origination of new commercial loans through multiple sources internal and external; negotiate workout scenarios

Develops new business by contacting prospects and business members, promoting credit union products and services

Review credit proposals for approval and exercise credit authority within delegated lending limits

Ensure overall soundness of assigned loan portfolio

Build rapport with internal and external centers of influence

Monitor commercial overdrafts, portfolio delinquencies and collection efforts

Ensure collection of financial information used to determine borrower’s creditworthiness

Stay abreast of changes to policies, procedures, NCUA, SBA, Federal, and State regulations as they pertain to the Credit Union industry and area of responsibility

Maintains the highest level of product and service knowledge including all benefits and features as well as all operational/systems issues related to offering, selling, and booking or engaging in transactions for such products and services

Creates and delivers presentations to prospects, business members, employees, and senior management

Qualification

Commercial LendingCommercial Business DevelopmentPortfolio ManagementLocal Market KnowledgeRegulations ComplianceMember ServiceOrganizational SkillsTime ManagementCommunication Skills

Required

Bachelor's degree from a four-year college or university in Business Administration or related field of study

Minimum of seven years of work-related experience; or the equivalent combination of the experience and education

Work related experience must include Commercial Lending portfolio management

Proven record of Commercial Business Development success

Experience with Commercial Lending and Commercial Cash Management regulations and compliance

High level of local market knowledge (Southeast Michigan)

Understanding of commercial lending laws and regulations

Excellent organizational and time management skills

Passion and commitment to great member service and ability to lead by example by consistently delivering the service process to every member, employee, vendor and members of the community serviced by Credit Union ONE

Strong communication skills