Commercial Loan Off II

Utah Community Credit Union (UCCU)•Provo, UT

1d•Onsite

About The Position

Responsible for receiving, reviewing, and evaluating commercial loan requests. Meets with applicants to explain credit policies and to obtain loan information and documentation. Monitors and reviews construction and development loans. Maintains repossessed properties and assists in collections' activities. Serves borrowers and prospective borrowers promptly and professionally. Provides general Credit Union information and cross-sells services. Assists Commercial Department personnel as needed.

Requirements

Bachelors degree in business or a related field, or an equivalent combination of training and work experience.
Knowledge of Credit Union lending and collections programs, policies, and procedures.
Familiarity with property management and maintenance procedures.
Understanding of financial analysis and determination of credit worthiness.
Three to five years of lending experience.
Excellent communication and public relations skills.
Strong analytical abilities.
Solid interviewing skills.
Able to use financial calculator and related computer applications and business systems.
Well organized with good attention to detail.
Ability to deal with a variety of variables under only limited standardization.
Able to interpret various instructions.
Ability to compute discount, interest, profit, and loss; commission markup and selling price; ratio and proportion and percentage.
Able to perform very simple algebra.
Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias.
Ability to prepare memos, reports, and essays using proper punctuation, spelling, and grammar.
Ability to communicate distinctly with appropriate pauses and emphasis; correct pronunciation (or sign equivalent) and variation in word order; using present, perfect, and future tenses.

Nice To Haves

One to five years of commercial lending experience preferred.
Real estate and origination background preferred.

Responsibilities

Interviews, takes applications, and processes preliminary documentation on business loan requests. Discusses loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members.
Analyzes and evaluates loan requests and prepares written submission for consideration by the Commercial Loan Committee. Identifies problems or potential problems with credit information and coordinates with the necessary party to resolve the problems.
Assists in review of construction loan advances on commercial properties.
Conducts property inspections as assigned.
Follows-up on all matured loans.
Assists in the collection of delinquent accounts.
Completes lending functions in accordance with established Credit Union policies and legal requirements.
Answers questions and resolves requests.
Keeps borrowers informed of Credit Union loan policies and services.
Meets with applicants whose loans are denied and explains reasons and alternatives.
Maintains and projects the Credit Union's professional reputation.
Coordinates functions with related departments and branches and provides support as needed.
Assists Commercial department personnel and provides support as needed.
Keeps management informed of area activities and of any significant problems.
Attends and participates in meetings and committees as required. Serves as a member of the Commercial Loan Committee.
Completes required reports and records.
Cross-sells Credit Union services.
Stays informed regarding changes in lending standards and related legal requirements.
Completes special projects as assigned.
Ensures that work area is clean, secure, and well maintained.
Works a regular and predictable schedule.
Must be sufficiently fluent in English to process work and business transactions.