Commercial Loan Officer - Dallas
About The Position
The Commercial Loan Officer solicits, negotiates, underwrites, and coordinates the closing of equipment, SBA, commercial real estate, and business loans in accordance with the credit union’s lending policies and procedures. The role develops business checking and deposit relationships with members, promotes the credit union through strong member service, and manages existing relationships along with ongoing portfolio monitoring and compliance requirements. The position may be eligible for a hybrid work-from-home schedule, but requires on-site work at the Garland Branch three days per week. The officer will build and manage a loan portfolio of approximately $15 million to $35 million and meet annual new-loan production goals based on experience.
Requirements
- Some college or successful completion of an associate degree in Finance, Accounting, Economics, Management, or a closely related field; successful completion of a relevant program from an accredited technical school; or an equivalent combination of education and experience.
- At least 3 years of direct Commercial Lending, Relationship Management, or Business Development experience, or related business lending experience.
- Working knowledge of commercial banking credit policies and procedures, credit and financial statement analysis, loan structuring, and cash flow analysis.
- Excellent verbal and written communication skills and strong presentation skills.
- Moderate skill with Microsoft Office applications.
- Ability to perform intermediate-level accounting and financial analysis under moderate supervision.
Nice To Haves
- Bachelor’s degree in Finance, Accounting, Economics, or Management.
- Formal credit training.
Responsibilities
- Prospect and originate Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans, focusing on small to middle-market companies.
- Manage relationships within an assigned portfolio and develop revenue and fee income through new commercial relationships, negotiating and closing commercial credit lines and loans, and generating deposits.
- Establish referral networks and relationships with commercial real estate brokers, loan brokers, and CPAs, and participate in local civic and industry groups.
- Expand and retain relationships by profiling new and existing commercial clients to cross-sell deposits, credit, and other credit union consumer products.
- Underwrite and structure credit transactions and obtain credit approval.
- Monitor loan exception and delinquency reports and work with members and staff to cure exceptions.
- Serve as a resource for other Commercial Lending Officers, assisting with underwriting and documentation for potential loans as needed.
- Build and manage a loan portfolio in the range of $15 million to $35 million while meeting annual new-loan production goals based on experience.
- Adhere to the regulatory compliance culture established by the Business Solutions management team.
- Perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
