VP/BUSINESS LENDING OFFICER

The primary purpose of this position is to assist Fort Financial Credit Union by delivering outstanding service to both internal and external members/business members.  A key element of excellent service is to identify the financial needs of each member/business member and recommend an appropriate credit union solution.  In addition, may receive business members in person and by telephone.  May be required to conduct in-depth interviews with business members or their consultants directly and by telephone to obtain all necessary information for making credit decisions.  Makes sound credit decisions regarding the approval of member business loans to ensure the lowest element of risk. 

Critical Requirements of the position include:

Strong relationship banking background

Proven ability to self-source business

Comfortable with C&I, CRE, and owner-occupied

Can manage a $20-$40MM portfolio

Strong credit sense.

In addition:

1. Provides general credit union information on all credit union services and policies, interest rates, terms of loans, dividends and interest computations, and insurance coverage's with an emphasis on Business Lending.
2. Ensure that the Member Business Lending and Business Lending participation policies and procedures best serve the Credit Union and its business members.
3. Meets with business members to determine creditworthiness.
4. Assesses credit risks and identifies mitigating factors.
5. Provide knowledge and expertise on establishing and maintaining the member business loan policies and procedures.
6. Assists in determining the proper products and structure for our business lending members.
7. Recommend new business loan products and business deposit products on an ongoing basis.
8. Assists business analyst or business operations manager in annual reviews for our business lending members, including assisting in obtaining proper financial documents.
9. Identifies and mitigates any loan policy exceptions.
10. Works with the team regarding loan structure and establishing loan covenants for our business members.
11. Assists business lending team that approved and funded business loans are properly documented and all paperwork properly completed.
12. Recommend loan alternatives for business members, as necessary.
13. Remains current with compliance regulations, economic conditions and state and federal laws as they related to Member Business Lending.
14. Assist in closings to ensure that all documents are executed and returned to the business lending department.
15. Ensures that all collateral documents are executed and then appropriately filed by the business lending department.
16. Responsible for overseeing each business relationship with regard to monitoring the relationship, staying in contact with the business owners, reviewing updated information and keeping the business lending department appraised as changes occur.
17. Assist in the on-going refinement of business lending procedures provided to our members.
18. Assist in the development of new loan programs and loan products that include member business lending guidelines/rules and compliance.
19. Oversee the call process and include the business analyst/business operations manager or VP of Lending when necessary.
20. Responsible for collection efforts for all loans originated by Business Lending Officer.

REQUIRED WORK EXPERIENCE

Three years to five years of similar or related experience.          

EDUCATION

(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).