Commercial Lending Officer

Job Description

Job Description

Commercial Lending Officer

Location :  Blue Ash, OH (On-Site)

Pay: $110,000-140,000 (compensation can vary depending on experience) + Benefits, Community Involvement, PTO, 401k match (10% dollar for dollar), Roth contribution

General Overview

The Commercial Lending Officer is responsible for developing new commercial business and expanding existing commercial customer relationships. The role involves originating and servicing a variety of commercial and commercial real estate loans, maintaining compliance with lending policies and regulatory requirements, and managing a high-quality loan portfolio to minimize losses.

Responsibilities

• Contact viable leads and existing clients to identify and pursue new lending opportunities 
• Understand and effectively articulate the credit union’s products, services, and value propositions 
• Network and build strong centers of influence (COIs) to generate opportunities aligned with growth strategy 
• Build, maintain and manage relationships within an assigned book of business; aim for deposit growth objectives while ensuring excellent member service 
• Maintain professional, prompt communications throughout the loan process with COIs, applicants, vendors, colleagues 
• Manage the portfolio: renewals, modifications, etc. 
• Evaluate, analyze, and interpret financial data to assess creditworthiness and risks 
• Counsel members during the loan process, negotiate terms, and structure loans appropriately 
• Stay current on market trends to propose competitive financing solutions 
• Ensure all loans comply with internal lending policies and external regulatory requirements  Represent the credit union in community and external activities to promote services and enhance public image 
• Collaborate internally to ensure efficient loan processing 
• Perform other supporting duties as needed

Requirements

• Minimum of 3 years’ experience in commercial lending and portfolio management
• Ability to read and understand tax returns, financial statements, credit reports, and business documents 
• Working knowledge of commercial transaction types: real estate, equipment financing, ownership changes, etc. 
• Understanding of applicable regulatory requirements for commercial lending 
• Ability to work independently, self-starter mentality, and results driven 
• Strong communication and relationship-building skills
• High school diploma or GED required; bachelor’s degree preferred