Vice President SBA Lender
4 weeks ago
The Vice President SBA Lender is responsible for driving the development of Small Business Administration loan opportunities at Lake Michigan Credit Union. This role involves establishing and maintaining relationships with outside loan referral sources and potential clients to promote and sell bank products and services.
Key Responsibilities- Develop sales leads independently and in collaboration with Commercial Loan Officers and Market Leaders to acquire new business relationships and product sales.
- Cultivate and maintain strong relationships with clients and prospects to promote and sell bank products and services, including business checking.
- Analyze applicant financial status, credit, and other relevant information to determine the feasibility of granting loans.
- Compile and analyze market research data to develop or enhance the competitiveness of current products and services offered.
- Oversee the accuracy and performance of SBA loan administration and processes, including the receipt of applications, completeness of loan packages, and timely processing, funding, and closing of committed loans.
- Ensure adherence to all applicable federal and state laws, regulations, and guidance, as well as Bank policies and procedures.
- Eight to ten years of similar or related experience, including preparatory experience.
- Bachelor's Degree in Business Administration, Finance, or a related field of study.
- Demonstrated success in SBA lending and achievement in the industry.
- Proven ability to develop strong relationships with members, prospects, business partners, and direct reports.
- Strong analytical, organizational, and presentation skills, with exceptional interpersonal and communicative skills.
Lake Michigan Credit Union is a not-for-profit institution, owned by its members, with a strong commitment to serving their lifetime financial needs. As an employee, you will have the opportunity to grow and advance in your career, work with talented teams, and contribute to the success of others. We are committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.
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