Business Lending Associate

Diamond Federal Credit Union • Pottstown, PA

11h

About The Position

The Business Lending Associate assists the Business Lending department with the processing and administration of business loans, ensuring business loan servicing, reporting, and processing duties are completed in a timely manner. The associate responds to business members’ inquiries and helps deepen existing relationships by introducing members to other services offered by the credit union.

This position has no direct reports. Responsibilities and activities may change at any time, with or without notice; this description is not a comprehensive list of all duties.

Requirements

• Associate degree in business administration or a related discipline, or equivalent experience.
• Two or more years of commercial loan servicing and processing experience.
• Demonstrated dedication to positive, member-focused service.
• Actively support Diamond’s Commitment to Excellence.
• Strong interpersonal and communication skills to handle member-related issues fairly and consistently.
• Strong organizational skills and attention to detail.
• Proven ability to meet deadlines.
• Proficient technical skills and ability to work with multiple systems.

Nice To Haves

• Commercial loan servicing and processing experience with a financial institution is preferred.

Responsibilities

• Order, review, and follow up on required information, including appraisals, credit reports, property and flood searches, state registrations, and UCC lien searches.
• Obtain supporting documentation needed to develop loan requests, including personal and corporate financial information, personal financial statements, resolutions, by-laws, and agreements.
• Perfect and satisfy liens, including vehicle titles, mortgages, lease and rent assignments, and UCC-1 filings with appropriate local and state agencies.
• Develop and maintain tracking systems for insurance, collateral, and required financial statements.
• Complete post-closing quality control reviews of business loan files and obtain missing documents.
• Prepare monthly departmental reports.
• Assist business members with inquiries and introduce them to other credit union services.

What This Job Offers

• Job Type: Full-time
• Education Level: Associate degree