Commercial Loan Officer

Alabama Credit Union • Daphne, AL

5d

About The Position

Processes and underwrites member business loan applications and recommends approval or denial in accordance with established loan policy. Develops member business loans and member business accounts through outside sales. Provides ongoing analysis of existing member business loans and recommends action as needed.

Requirements

• Three to five years of similar or related experience.
• A bachelor's degree or formal industry-recognized certifications equivalent to a bachelor's degree.
• Interpersonal skills for frequent contact with people inside and/or outside the organization, first-level conflict resolution, relationship building, and soliciting cooperation.
• Ability to handle confidential discussions with discretion, diplomacy, and tact.
• Understanding of loan products, policies, regulations, underwriting concepts, and lending risks.
• Understanding and working knowledge of personal financial statements, cash flows, and financial spreads.
• Knowledge of business entity types.
• Knowledge of commercial loan forms, including notes, titles, UCC forms, liens, and lien perfection.
• Knowledge of construction and development loans and associated processes.

Responsibilities

• Process and underwrite member business loan applications.
• Recommend approval or denial of loan applications according to established loan policy.
• Develop member business loans and member business accounts through outside sales.
• Analyze existing member business loans on an ongoing basis and recommend action as needed.

What This Job Offers

• Job Type: Full-time