Commercial Loan Officer

A+ Federal Credit Union • Austin, TX

22h

About The Position

The Commercial Loan Officer serves as the Credit Union’s outside commercial lending sales representative. Under general supervision and in compliance with applicable legal requirements and established policies and procedures, the role provides commercial loans above $1 million and deposit services to members. Approximately 75% of the position’s time is spent identifying, soliciting, developing, and servicing comprehensive banking relationships with members and prospective members. The officer is responsible for annual funded loan production of $16 million and works with commercial analysts and loan administration staff to evaluate lending and deposit opportunities, primarily in commercial and owner-occupied real estate. The role also supports community relationships and represents the Credit Union at appropriate events. Applicants must currently reside in the Greater Austin area.

Requirements

• High school diploma or GED equivalent.
• At least two years of commercial lending experience.
• Currently reside in the Greater Austin area.
• Excellent oral and written communication skills.
• Ability to work professionally with internal team members, vendors, commercial members, and others at all levels.
• Strong knowledge of laws and regulations governing commercial lending, including state and federal commercial loan laws.
• Strong knowledge and experience in financial statement analysis and ability to make sound lending recommendations using available information.
• Ability to gather, retrieve, and interpret data from multiple reporting sources.
• Willingness to assume responsibility and strong problem-solving ability.
• Ability to prioritize, organize time, and work independently.
• Ability to maintain composure, poise, and patience when dealing with members, non-members, and staff.
• Maintain a professional image and appearance; exercise trust, diplomacy, courtesy, and tact in personal or sensitive interactions.
• Ability to travel to and from activities outside the office.
• Ability to work at least 40 hours per week.
• Ability to frequently reach, feel, bend, stoop, carry, finely manipulate, and key in data.
• Ability to communicate by telephone, email, and in person and to use problem-solving skills to address potential field issues.
• Maintain MLO registration with the NMLS and Registry; failure to register or maintain current registration may result in disciplinary action.

Nice To Haves

• Bachelor’s degree in a business-related field.
• Five years of financial institution experience.

Responsibilities

• Identify, solicit, develop, and service commercial banking relationships with members and prospective members.
• Meet an annual funded loan production goal of $16 million and develop new and existing commercial loan business.
• Attract, retain, and maximize business member relationships through cross-selling Credit Union products and services.
• Partner with department staff to facilitate commercial loan applications and deposit account openings.
• Consult with members regarding refinancing, renewals, and modifications of existing commercial loans.
• Conduct annual site visits for each commercial loan unless otherwise directed, documenting visits with memos and photographs as required.
• Interpret financial information provided by commercial loan borrowers.
• Work with commercial analysts to assess commercial lending and deposit opportunities and support sound lending practices.
• Understand current market conditions in the geographic markets served.
• Prepare for and present information at commercial loan committee meetings.
• Recommend approvals, denials, or counteroffers on commercial loan requests to loan committees and/or Senior Management.
• Request required documentation for commercial loan and deposit account analysis and coordinate its review with credit analysts and commercial loan administration staff.
• Perform collection activity on assigned commercial loans.
• Establish and maintain productive relationships with civic, charitable, community, and local or state organizations.
• Represent the Credit Union at appropriate community events and promote it in coordination with Credit Union staff and business partners.
• Complete assigned annual regulatory training.
• Schedule and conduct monthly individual dialogues with the direct manager.
• Perform other duties as assigned.
• Register as a Mortgage Loan Originator (MLO) with the NMLS and Registry immediately upon hire and maintain current registration and updates.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED