Commercial Lending Officer

3 weeks ago


Lansing, Michigan, United States LAFCU Full time
Job Summary

The Commercial Lending Officer will be responsible for originating, managing, and supervising LAFCU's portfolio of commercial loans. This role involves developing new and existing business relationships and supporting the Credit Union's mission.

Key Responsibilities

• Originate and manage commercial loans, assessing the financial condition of members and making underwriting decisions within approval authority.
• Develop lending and deposit business by expanding existing member relationships and seeking opportunities to grow the member base, collaborating with the Marketing team on campaigns.
• Monitor the existing loan portfolio to maintain asset quality, including updating financial statements and loan documentation.
• Assist in collecting past-due loans and participate in CUSO participation calls, recommending or approving loan participations.
• Address members' loan-related questions and concerns, performing other duties as assigned.

Requirements

• 3-5 years of experience in sales and business lending.
• A college degree, preferably in a relevant field.
• Extensive personal contact, often of a sensitive nature, requiring motivating, influencing, and fostering strong relationships with others, including selling ideas or services.
• Experience in analyzing business financials and assessing business viability, with strong communication and public relations skills, as well as proficiency with related software.

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