Commercial Loan Officer

Global Credit Union • Glendale, AZ

19d

About The Position

Responsible for developing new business, structuring, underwriting, and closing of business and commercial loans, as well as monitoring and maintaining a loan portfolio.

Requirements

• Bachelor's degree in finance, business or economics.
• Minimum five years of commercial lending experience.
• Strong oral and written communication skills.
• Ability to read, analyze, and interpret common scientific and technical journals, financial reports, tax returns and legal documents.
• Ability to respond to inquires or issues from members, regulatory agencies, or business community participants.
• PC proficiency in Microsoft Office Suite.

Nice To Haves

• Sales oriented personality preferred.

Responsibilities

• Meet with business members and prospective business members to promote the credit union's commercial loan services and solicit new business.
• Interview prospective borrowers and request necessary information to process loan requests.
• Analyze applicant's financial status, credit, and evaluate collateral to determine feasibility of loan approval.
• Negotiate loan structure with prospective borrower, including fees, loan repayment terms and other credit terms.
• Underwrite credit requests taking into consideration applicable policies, procedures, guidelines and analyzed risk and present processed applications to appropriate approval authorities within the credit union as required.
• Assist members with inquiries and information requests and resolve issues relating to loan products and services offered.
• Promote and cross-sell other products and services as appropriate.
• Monitor loan portfolio to ensure proper management of risk ratings, compliance with loan covenants and early identification of potential problems.
• Participate in collection efforts as necessary.
• Participate in the credit union's business development activities, represent the credit union in industry and professional associations, community organizations, local business groups, etc.
• Perform other duties as assigned.

Benefits

• Short-term and long-term incentives
• Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees