Director of Business Lending
About The Position
The Director of Business Lending is responsible for performing full underwriting of potential loans and leases, including financial, feasibility, competitive, and borrower analysis. This role involves developing loan summaries, presenting them to Business Development Committees, and executing all processes required to close a loan. The Director will also market Impact Seven lending programs, assist the Rice Lake Office as needed, build relationships with prospective clients, manage loan production, and handle collection activities. The position requires a willingness to travel between offices and to clients, work beyond standard hours, and perform tasks outside the defined job description. The role also involves maintaining education and professional expertise through seminars and workshops.
Requirements
- Minimum of a Bachelor’s degree in a related field, or three to five years of related experience.
- Strong understanding of lending and financial statements.
- Strong background in using Microsoft Excel, Microsoft Word, and Microsoft PowerPoint.
- Adept problem-solving skills.
- Ability to communicate professionally internally and externally with borrowers.
- Personable and team oriented.
- Must possess attention to minute detail.
- Ability to travel between our Milwaukee and Rice Lake, Wisconsin Offices, and to prospective clients.
- Willingness to work beyond 40 hours.
- Willingness to perform tasks outside of the job description.
- Excellent written, oral and interpersonal communication skills.
- Ability to express ideas clearly and concisely.
- Communicates optimistically, positively, and with honesty and openness.
- Maintains confidentiality of all Agency information.
- Ability to manage work schedule, complete work by deadlines, uses program resources wisely, and is able to keep records organized.
- Ability to calculate figures and amounts.
- Ability to effectively prioritize and execute tasks in a high-pressure environment.
- Highly self-motivated, self-directed, and attentive to detail.
- Displays effective problem-solving skills, identifies and implements innovative practices and the ability to work with diverse groups of people.
- Strong leadership skills.
- Strong interpersonal skills, including ability to interact effectively and professionally with staff, prospective and present residents, contractors, architects, bankers and other potential funders, community representatives and government agencies.
- Experience working in a team-oriented, collaborative environment.
- Strong negotiation skills.
- Proficient in Microsoft programs such as Outlook, Word, Excel, PowerPoint and Adobe Acrobat Professional.
- Valid driver’s license with current vehicle insurance.
Nice To Haves
- Preference of three to five years of progressive experience, preferably in a commercial banking environment.
- Knowledge of databases, and servicing software is a plus.
Responsibilities
- Perform full underwriting of potential loans and leases.
- Conduct financial, feasibility, competitive, and borrower analysis.
- Develop loan summaries.
- Present loan summaries to the Business Development Committees.
- Execute all processes required to close a loan.
- Market Impact Seven lending programs.
- Assist Impact Seven Rice Lake Office when necessary.
- Build relationships with prospective clients.
- Manage loan production.
- Perform collection activities.
- Attend appropriate meetings and training sessions.
- Maintain education and professional expertise through attendance at job related seminars, conferences and workshops.
Benefits
- health insurance
- life insurance
- employer sponsored 403(b) plan
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What This Job Offers
Job Type
Full-time
Career Level
Director
