Relationship Manager/ Loan Officer - Remote

UnitedHealth Group•Draper, UT

8d•Remote

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. The Relationship Manager/ Loan Officer will be responsible for maintaining and developing lending relationships to support the bank in building and maintaining its solid credit portfolio. This will involve working closely with current and potential lending partners, borrowers, bank credit administration, chief credit officers, the Credit Committee, and bank management. The Relationship Manager will source, review, and present loan requests to Credit Committee members for preliminary approval. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Requirements

7+ years of experience analyzing business and personal financial statements associated with loan requests
7+ years of experience underwriting consumer and commercial loans
5+ years of experience working in credit or lending role with a commercial bank
3+ years of experience making or recommending credit decisions on transactions > $5 million
2+ years of experience managing relationships with Borrowers or third-party lending partners
Experience communication with C suite executives
Ability to travel 25%25 annually

Nice To Haves

Completion of a formal commercial credit training program
Experience working out problem loans

Responsibilities

Loan Officer will work with the go-to market team to originate large loans. They will be the primary interface with the CFO/CEO of the Provider organization to determine appropriate size, structure, and terms & conditions of the loan
Manage relationships with third-party and direct lending partners
Host and visit clients annually to deepen relationships, including as opportunities arise for conferences or site inspections associated with loan opportunities
Evaluate, recommend, and complete due diligence for new lending opportunities and relationships with new lending partners
Develop and maintain positive relationships with internal and external clients
Works with the credit analyst to analyze data; underwrites the credit; and develops a credit request to be presented to the proper loan authority and/or committee
Establish and negotiate, when necessary, the terms under which credit will be extended, including the costs, repayment method and schedule, and collateral requirements
Ensures the protection of the Bank's interests in matters of adequate documentation, adherence to Bank policy, and the various laws and regulations applicable to loan operations, as well as the exercise of sound credit decisions
May assist in servicing commercial loans by processing items, such as payoffs, loan modifications, and problem loan work-out arrangements
Interviews applicants for commercial loans, approves and/or declines loan requests, processes, and documents new loans
This includes, but is not limited to, monitoring daily delinquency, daily non-sufficient fund activity, and maintaining overall portfolio delinquency and charge off levels consistent with established goals
Responsible for the on-going management of a sizeable loan portfolio
Responsibility includes, but is not limited to, collection of all required annual and periodic financial reporting, timely completion of semi-annual/ annual reviews as required by policy and renewing maturing loans in a timely fashion with minimal requests for short-term maturity extensions
Responds to telephone inquiries from customers; explains loan procedures and provides technical assistance; answers questions concerning loan rates, terms and related matters