Business Loan Specialist I

Red Canoe Credit Union•Longview, WA

About The Position

POSITION PURPOSE - Assist Director of Business Lending and AVP Business Loan Officer in all aspects of the Business Lending Program. Applicant should possess in-depth knowledge of the various business entity structures and the necessary documentation required for each as well as strong understanding of financial services and underwriting authority. Applicant should demonstrate exceptional decision-making capability, advanced time management skills and organizational abilities, and possess a clear understanding of commercial interactions. The applicant will be expected to contribute to discussions regarding system or process improvements, participate in annual procedure updates, new systems training, and cross train interdepartmentally to increase team efficiency. This position will work closely with the Director of Business Lending, the AVP Business Loan Officer and Business Credit Analyst.

Requirements

Must be bondable
Ability to handle the urgencies and complexities commensurate with the position, arriving at constructive solutions and maintaining positive relationships
Work independently, requires minimal supervision
Friendly and outgoing
Professional demeanor, alert, mature and responsible
Neatness in appearance
Punctual, dependable, and cooperative
Internal understanding of Credit Union philosophy
Developed understanding of business loan products and required loan documentation
Experience with UCC search and filings
PC proficiency with knowledge of Excel and Word
Operational experience in new accounts, deposit products, consumer lending, etc.
High school diploma or equivalent
Keyboard proficiency; typing speed of 30 WPM
Ability to read English by sight; and both speak and write English
Ability to hear by telephone and in person
Proficient PC skills
Must possess strong follow through skills and high degree of accuracy
Ability to logically analyze complex situations, to work under pressure while consistently producing accurate work
Well-developed verbal, interpersonal and written communication skills

Nice To Haves

Knowledge of commercial loan compliance and regulation preferred (i.e., Reg Z, B, FIRREA and HMDA, etc.)
Loan Underwriting experience preferred

Responsibilities

Thorough knowledge of Business products / services & business entities including the collection of appropriate documentation.
Assist with origination of business loan requests, collection of necessary documentation, and preparation of loan documents.
Coordinate loan signing, funding, and disbursement.
Meet with members to discuss products and services; open new accounts, process VISA applications and refer to third party partners, when applicable.
Complete file preparation/organization, collect necessary documentation, order required reports including flood, environmental, UCC, preliminary title and credit reports, insurance binders and final title company reports.
Manage Annual Review process; requests for documentation, collection and follow up.
Responsible for vendor and appraisal management.
Scans file contents to Onbase for records management.
Monitor and maintain various weekly business status reports.
Follow-up on document requests to insure file completion.
Actively participate in developing business relationships in the community.
Communicate in professional manner to ensure member retention and provide excellent quality service.
Observe policies and procedures and all applicable laws & regulations to insure departmental adherence.
Respond to business inquiries and provide accurate information on Credit Union policies & procedures
Actively participate in originating new business relationships within the community
Maintain ongoing relationships with business members
Perform duties in fast-paced environment while simultaneously and effectively managing and prioritizing workload
Participate in an atmosphere of cooperation and teamwork to maintain and improve staff relations
Assist in the ongoing staff training in various areas of business lending
Other duties as assigned by supervisor/manager