Commercial Loan Officer

Kirtland Federal Credit Union•Albuquerque, NM

12d•Hybrid

About The Position

Working at Kirtland CU is more than a job-it's a career, and one in the financial world! We pride ourselves on helping our employees learn, grow, and advance in any direction they choose. We offer a highly competitive salary, great benefits package and an energetic, vibrant work environment. We are currently seeking a Commercial Loan Officer to join Kirtland Credit Union! This is a regular, full-time position that is primarily mobile, requiring travel throughout the Albuquerque area to meet with business members, attend networking events, and participate in community engagements, with occasional work based out of our Kirtland CU Headquarters.

Requirements

Bachelor’s degree required.
Five to eight years of commercial and business lending experience required.
Knowledge of Credit Union commercial and business lending and collections programs, policies, and procedures required.
Thorough understanding of financial analysis and determination of credit worthiness required.
Excellent communication and public relations skills.
Strong analytical abilities.
Solid interviewing skills.
Able to use a financial calculator and related computer applications and business machines.
Able to read financial statements and analyze them.
Tenacity and drive to source new business and assist business owners in financial problem solving.

Nice To Haves

Real estate and construction origination background preferred.

Responsibilities

Responsible for sourcing, receiving, reviewing, and evaluating business and commercial loan requests.
Meets with applicants to explain the loan process, documentation, requirements and monitoring.
Analyze financial and credit data, identify potential risks, make recommendations for loan decisions, make loan decisions as assigned and negotiate terms as authorized.
Monitors and reviews construction and development loans for progress and draws.
Provides business members with advice on financial matters and provides recommendations to partners.
Is the first line of defense in collections' activities.
Serves borrowers and prospective borrowers promptly and professionally.
Provides general Credit Union information and cross-sells deposit and business services.
Assists Business Services personnel as needed.
Acts as a Brand Manager for the Credit Union at events and as a business development manager.
Interviews, assist with applications, and processes preliminary documentation on business loan requests.
Discuss loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members.
Analyzes and evaluates loan requests for accuracy and compliance and prepares written credit memo for consideration by the authorized approval authority if outside approval authority.
Identifies problems or potential problems with credit information and coordinates with the necessary party to resolve the problems.
Assists in review of construction loan advances on commercial properties.
Conducts on-site inspections of construction projects, provides a detail report showing progress on the current phase in conjunction with the external inspector and submits a recommendation for draw approval.
Conducts property inspections on assigned loan request and closed loans in their portfolio.
Follows-up on all matured loans annually or more often as needed.
First line of collection activities if loan is 1-29 days late.
Works with the VP of Business Services and VP of
Completes lending functions in accordance with established Credit Union policies and legal requirements.
Works directly with the Commercial Loan Processing Department on loan process to complete application process and closings.
Works directly with the Commercial Servicing Department on annual reviews, monitoring as needed and any issues that may arise with loans after they are closed.
Manage a portfolio of loans, acquired through growth and/or assigned.
Make a minimum of 15 sales calls a week, to include in-person touches at businesses.
Actively participate in networking groups, Commercial Associations.
Assumes responsibility for establishing and maintaining effective and professional business relations with members and trade professionals.
Assumes responsibility for establishing and maintaining effective communication, coordination, and working relations with Credit Union personnel and with management.