Commercial Loan Officer

Job Description

Job Description

Job Summary:

Responsible for the generation of new business loans and deposit opportunities through understanding the client’s goals and making banking easy for them. Builds new business relationships & grows existing ones

 

Essential Functions and Responsibilities:

· Primary contact for the Credit Union’s business members

· Solicit commercial business by creating and executing a business development plan designed to attract new business credit union clients and retain existing business members

· While developing and managing business loan and deposit relationships, cross sell other credit union products and services

· Work to resolve business customer questions and concerns through direct involvement or through coordination with other employees of the credit union

· Keep abreast of commercial lending trends and suggest new business products the CU can offer

· Know and adhere to the credit union’s loan policies and federal and state regulations; ensuring that sound analysis and lending procedures are followed

· Evaluate prospective loan requests, reviewing client’s financial, credit, and tax information to determine the merits of the loan request and suitability with the credit union’s growth and portfolio goals; monitor the existing loan portfolio through the ongoing review of financial statements, customer and community interfacing, and the review of internal reports.

· Make recommendations for larger or complex loans to the credit union’s loan committee as appropriate

· Prepare and submit loan pipeline reports to management

· Any other duties as assigned

· This job description is subject to change at any time

 

Job Requirements:

· Bachelor’s degree in business, finance, marketing or related field

· 20 plus years of business banking experience is required; skill in assessing loan quality; proven record of success in developing and retaining a business portfolio and business client base

· Federal and state lending and deposit regulations regarding business banking services

· Strong sales techniques, cold-calling, follow-up and closing strategies; Ability to work effectively with limited direct supervision; superior analytical thinking and mathematical skills; strong proficiency in Microsoft Excel and Word

· An outstanding communicator who can handle the flow of information within the organization and with the clients as well.

 

Physical Requirements/Work Environment: May lift up to 25 lbs.; Office work- must be able to use a PC and phone; hearing and sight are required to perform this job; may need to sit or stand for long periods of time in front of a computer. Must have a valid driver’s license to travel between branch locations and develop business in the community.

 

It is the policy of OC Federal Credit Union to provide equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, pregnancy, national origin, genetic information veteran or disability status or any other protected characteristic under applicable law.

 

 

\nCompany Description

For over 70 years, OC Federal Credit Union has helped our members across the state achieve their financial goals.
Members choose us for our low loan rates, personal service, and how we give back to the communities where they live, work, and worship.
We offer personal and business checking and savings accounts, plus auto loans, mortgages, home equity lines of credit, and more.
As a local credit union, you get the level of personalized service you won’t find at larger financial institutions.

Company Description

For over 70 years, OC Federal Credit Union has helped our members across the state achieve their financial goals.\r\nMembers choose us for our low loan rates, personal service, and how we give back to the communities where they live, work, and worship.\r\nWe offer personal and business checking and savings accounts, plus auto loans, mortgages, home equity lines of credit, and more.\r\nAs a local credit union, you get the level of personalized service you won’t find at larger financial institutions.