Senior Commercial Lender
4 weeks ago
We are seeking a highly skilled and experienced Vice President of Commercial Lending to join our team at Lake Michigan Credit Union. As a key member of our commercial lending team, you will be responsible for driving relationship and commercial loan portfolio growth through both existing and new customer relationships.
Key Responsibilities:- Process to Close the Loan:
- Leverage internal and external resources to ensure efficient processing of all aspects of the loan process.
- Assign the file to the loan officer for preparation.
- Review the loan file to ensure all terms and conditions have been met and obtain all necessary signatures.
- Coordinate the execution of the documents to close the loan.
- Loan Write-Up and Process:
- Understand customer requests and make preliminary determinations of viability.
- Collect pertinent information, including financial statements and project information.
- Partner with credit to obtain additional information or clarifications.
- Communicate committee decisions to customers.
- Move to close the loan.
- Loan Portfolio Management and Maintenance:
- Monitor the portfolio for credit quality, past due credits, non-performing loans, and loan servicing.
- Consistently call on clients to keep aware of new opportunities.
- Relationships and Loan Portfolio Growth for Existing Customers:
- Monitor customer relationship development and account management.
- Identify cross-sell opportunities for deposits and other products/services.
- Develop a strong business pipeline of transactions and activity to enhance the customer relationship.
- Be accessible to customers as a point person, referral source, or advocate as needed.
- Scout and communicate potential cross-sell opportunities to customers.
- Network and leverage on customers' behalf for potential business opportunities.
- Share insights, knowledge, and market trends as customers consider additional business opportunities.
- Take interest in customers' business and be knowledgeable of their operations and financial developments.
- Five to eight years of similar or related experience.
- Bachelor's Degree in Finance, Business, or a related field of study.
- Excellent written and verbal communication skills.
We are an equal opportunity employer and are committed to providing a work environment that is inclusive and respectful of all employees. If you are a motivated and experienced professional looking for a new challenge, we encourage you to apply for this exciting opportunity.
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