Specialty Lending Coordinator

Mountain America Credit Union•Sandy, UT

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 role oversees credit analysis and underwriting for new credit requests and renewals, gathers documentation, manages borrowing base certificates, facilitates member draw requests, monitors portfolio credit quality, and handles closing and servicing functions. It helps ensure BLOC and CLOC accounts are actively managed within lending approvals and credit union policy. The role also assists with underwriting large commercial Visa credit card requests and ensuring the required documentation is provided 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 position prepares credit presentations and recommendations, analyzes repayment ability and financial information, identifies and mitigates risk, supports loan closing and servicing, monitors borrowing bases, and provides member service. The job is performed in a typical business office environment with moderate noise. It 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 proficiency 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 grammatical skills for preparing credit memos, addendums, memorandums, and other written communications.
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 rules, requirements, and regulations from governing bodies such as NCUA, CFPB, and OCC concerning commercial and business lending.
Strong organizational and time-management skills, including the ability to manage multiple projects and timelines efficiently.
Ability to adapt to change, learn continuously, solve problems, and suggest process improvements.
Excellent written and verbal communication skills.
Data analytics, data validation, and business data analysis skills, including proficiency with MS Excel.
Unquestioned personal and professional integrity.
Ability to sit, talk, and hear consistently; stand, walk, and use hands to handle or reach occasionally; and lift up to 10 pounds occasionally.
Close vision and distance vision.

Nice To Haves

Five years of lending or underwriting experience preferred.
Experience with analytical and reporting software preferred.
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 documenting analysis and recommendations.
Underwrite and structure commercial Visa credit card requests, typically $250,000 and below.
Prepare timely, concise, accurate credit recommendations, including quantitative underwriting, risk ratings, risk identification and mitigation, policy exceptions, procedures, and compliance considerations.
Analyze business and personal repayment ability, financial ratios, financial stress tests, and personal and business credit reports.
Review professional CRE or C&I appraisal and evaluation reports, environmental reports, commercial lease agreements, and rent rolls as applicable.
Make recommendations regarding loan approval or denial and prepare commitment letters.
Review loan closing requirements and prepare loan documentation.
Manage approximately 3–4 new or renewal loan files at a time; monitor borrowing bases on schedule and communicate loan-limit changes promptly.
Collect delinquent accounts and conduct collateral inspections as necessary.
Attend loan committee meetings as directed and assist commercial construction coordinators with some duties as needed.
Work with other teams to meet monthly, quarterly, and annual goals.
Provide member service by phone, email, and in person.
Attend assigned training and stay current on procedures and policies.
Ensure regulatory compliance for each loan and perform other assigned duties.