Business Development Lending Specialist
4 weeks ago
The Commercial Loan Officer will originate, manage, and supervise LAFCU's portfolio of commercial loans with the goal of growing the portfolio while maintaining good asset quality.
Key Responsibilities:
- Originate, manage, and supervise commercial loans to grow the portfolio while ensuring good asset quality.
- Develop new and existing business relationships to support LAFCU's mission.
- Assess the financial condition of members and make underwriting decisions within approval authority.
- Manage loan documentation and closings in conjunction with the commercial loan CUSO.
- Collaborate with the Marketing team on campaigns to develop lending and deposit business.
- Monitor the existing loan portfolio to maintain asset quality.
- Assist in collecting past-due loans.
- Participate in CUSO participation calls and recommend or approve loan participations.
- Address members' loan-related questions and concerns.
Requirements:
- 3-5 years of experience in sales and business lending.
- A college degree, preferably in a relevant field.
- Strong communication and public relations skills.
- Proficiency with related software.
Interpersonal Skills:
Extensive personal contact, often of a sensitive nature, requires motivating, influencing, and fostering strong relationships with others, including selling ideas or services.
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