Commercial Loan Originator

3 weeks ago


Lansing, Michigan, United States LAFCU Full time

The Commercial Loan Officer will play a key role in growing LAFCU's portfolio of commercial loans while ensuring good asset quality. This involves developing new and existing business relationships and supporting the Credit Union's mission.

Key Responsibilities:
  • Originate, manage, and supervise 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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