Specialty Lending Coordinator

Mountain America Credit Union•Sandy, UT

13d

About The Position

The Specialty Lending Coordinator supports the Business Line of Credit (BLOC) and Commercial Line of Credit (CLOC) programs through underwriting, monitoring, closing, and servicing. The position oversees credit analysis and underwriting for new credit requests and renewals, helps gather documentation and manage borrowing base certificates, facilitates member draw requests, monitors portfolio credit quality, and handles loan closing and servicing. It helps ensure BLOC and CLOC accounts are actively managed and comply with lending approvals and credit union policy. The role also assists with underwriting large commercial Visa credit card requests and ensuring required documentation is sent for boarding. The coordinator underwrites and structures traditional business lines of credit, typically $1,000,000 and below, and commercial Visa credit card requests, typically $250,000 and below. The role analyzes repayment ability, business and personal cash flow, financial ratios, stress-test results, credit reports, collateral and appraisal information, and environmental risk. It prepares credit presentations, recommendations, commitment letters, and loan documentation, and may attend loan committee meetings as directed. The position monitors borrowing bases, communicates changes to loan limits, collects delinquent accounts, conducts collateral inspections as needed, and may assist commercial construction coordinators. It also supports team goals, provides member service, attends training, and ensures regulatory compliance for each loan. The role requires at least two years of Commercial and Industrial (C&I) or other commercial lending underwriting experience. A bachelor’s degree in business, finance, economics, or a related field is required, although five years in a progressive financial setting may substitute. The position has no supervisory or managerial responsibilities. Work takes place in a typical business office with moderate noise; the job is not eligible to be performed in Colorado or Connecticut, remotely or in person.

Requirements

At least two years of Commercial and Industrial (C&I) or other commercial lending underwriting experience.
Bachelor’s degree from an accredited institution in business, finance, economics, or a related field; five years in a progressive financial setting may substitute for a relevant degree.
Intermediate skills with Microsoft Office Suite, including Outlook, Word, PowerPoint, and Excel.
Ability to clearly communicate ideas, methodology, results, and recommendations verbally, in writing, and through reports and graphic illustrations.
Strong writing and grammar skills for preparing credit memos, addendums, memorandums, and other written communications.
Ability to present information appropriately to key stakeholders and all levels of the organization.
Ability to work autonomously and collaboratively in a fast-paced environment.
In-depth understanding of financial statement principles and analysis, including income statements, balance sheets, and cash flow analysis.
Knowledge of governing-body rules, requirements, and regulations relevant to commercial and business lending, including NCUA, CFPB, and OCC.
Strong organization and time-management skills, with the ability to work efficiently across multiple projects and timelines.
Adaptability and a positive response to changing circumstances or conditions.
Willingness to learn and continually update knowledge of financial concepts, strategies, and systems.
Initiative, problem-solving ability, and willingness to suggest process and efficiency improvements.
Strong written and verbal communication skills.
Data analytics and data validation skills, and proficiency in business data analysis such as MS Excel.
Unquestioned personal and professional integrity.
Ability to sit, talk, and hear consistently; ability to stand, walk, and use hands to handle or reach occasionally.
Close vision and distance vision.

Nice To Haves

Five years of lending or underwriting experience preferred.
Experience with analytical and reporting software preferred.
Demonstrated experience with core systems and a loan origination system preferred.

Responsibilities

Underwrite and structure traditional business lines of credit, typically $1,000,000 and below, and prepare credit presentations for approval.
Underwrite and structure commercial Visa credit card requests, typically $250,000 and below, balancing business spending needs with the credit union’s risk tolerance.
Prepare timely, concise, and accurate credit recommendations, including quantitative analysis, risk ratings, and identification and mitigation of risk and policy exceptions.
Analyze business and personal repayment ability, financial statements, cash flow, financial ratios, stress tests, and personal and business credit reports.
Review professional commercial real estate or C&I appraisal and evaluation reports, environmental reports, and environmental risk.
Make recommendations to approve or deny loan requests and prepare commitment letters.
Review loan closing requirements and prepare loan documentation.
Monitor borrowing bases on a defined schedule and communicate loan-limit changes promptly.
Collect delinquent accounts and conduct collateral inspections as necessary.
Manage approximately three to four new or renewal loan files at a time.
Attend loan committee meetings as directed.
May analyze commercial lease agreements and rent rolls.
May assist commercial construction coordinators with some of their duties.
Work with all teams to accomplish monthly, quarterly, and annual goals.
Provide excellent member service by phone, email, and in person.
Attend assigned training and remain current on procedures and policies.
Ensure regulatory compliance for each loan.
Perform other duties as assigned.