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, promotes member service and relations, manages existing relationships, and monitors portfolio compliance requirements. The position focuses on originating Commercial Real Estate and Commercial & Industrial loans for small to middle-market companies, building and managing an assigned portfolio, and developing commercial relationships and deposits. The role may be eligible for a hybrid work-from-home schedule, but requires on-site work at the Garland Branch three days per week.
Requirements
- At least 3 years of direct Commercial Lending, Relationship Management, Business Development, 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.
- Some college or successful completion of an associate degree in Finance, Accounting, Economics, Management, or a closely related field; alternatively, successful completion of a relevant accredited technical-school program or an equivalent combination of education and experience.
- 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 new Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans, targeting small to middle-market companies.
- Manage relationships in an assigned portfolio and develop revenue and fee income by building 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 and cross-selling 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 resolve exceptions.
- Serve as a resource for other Commercial Lending Officers on underwriting and loan documentation when needed.
- Build and manage a loan portfolio of $15 million to $35 million while meeting annual new-loan production goals based on experience.
- Comply with the regulatory compliance culture established by the Business Solutions management team.
- Perform other duties as assigned; essential functions and responsibilities may change or new ones may be assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
