Business Lending Associate

Diamond Federal Credit Union; Pottstown (Montgomery County); On-site; USD 52,000 - 72,000; Full time

Benefits offered by this job

Restaurant d'entreprise

Indemnités de stage/alternance

Job summary

Diamond Credit Union is seeking a Business Lending Associate to support the Business Lending department in processing and servicing commercial loans. You will assist members, deepen relationships, and introduce related services offered by the credit union.

In this role you will gather financial information, review appraisals and reports, manage post-closing quality control, and prepare monthly departmental reports while ensuring accurate documentation and timely processing in a member-focused

Qualifications

• Associate degree in business administration or related discipline or equivalent experience.
• Two or more years of commercial loan servicing and processing experience, preferably with a financial institution.

Responsibilities

• Order and review appraisals, credit reports, property and flood searches, registrations, and lien searches.
• Gather financial information and corporate documents for loan requests.
• Perfect and satisfy liens including mortgages and UCC-1s with local/state agencies.
• Maintain tracking systems for insurance, collateral and financial statements.
• Perform post-closing quality control review and obtain missing documents.
• Prepare departmental monthly reports.

Skills

Interpersonal skills

Communication

Organizational skills

Meeting deadlines

Technical proficiency

Education

Associate degree in business administration

2+ years commercial loan servicing

Job description

Description

Do you desire a Change? Check out Diamond where we to blend hard work and FUN!

Diamond’s culture is made up of a team of driven and passionate employees that care about helping others. When you work at Diamond, you will find that you can have more than just a job here, you can build your career. Diamond employees believe in doing more for our members and more for our community, which is what has helped make us one of the Best Places to work in PA for 10 consecutive years. See how your career can grow when you start working with Diamond Credit Union.

Position Summary:

Business Lending Associate assists the Business Lending department in the process and administration of business loans, ensuring that all business loan servicing, reporting, and processing duties are completed in a timely manner. Assists business members with inquiries as well as deepening existing relationships by introducing business members to other services the credit union offers.

Supervisory Responsibilities:

No direct reports

Essential Functions:

• Order, review and follow up on all necessary information i.e. appraisals, credit reports, property & flood searches, State Registrations, UCC lien searches, etc.
• Obtain all supporting documentation necessary to develop the loan request including financial information (both personal and corporate), personal financial statements, resolutions, by-laws, agreements, etc.
• Perfect and satisfy liens, including but not limited to, vehicle titles, mortgages, lease and rent assignments, UCC-1s with the appropriate local and state agencies.
• Develop and maintain appropriate tracking systems for insurance, collateral and required financial statements.
• Complete post-closing quality control review of all business loan files. Obtain any missing documents.
• Prepare departmental monthly reports.

This job description is not designed to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Requirements

Required Skills / Abilities:

• Demonstrated dedication to positive, member-focused service.
• Actively supports Diamond’s Commitment to Excellence.
• Strong interpersonal skills and communication to ensure member-related issues are handled in a fair, consistent manner.
• Strong organizational skills and attention to detail.
• Proven ability to meet deadlines.
• Proficient technical skills and ability to work with multiple systems.

Education / Experience:

• Associate degree in business administration or related discipline or equivalent experience.
• Two plus years of commercial loan servicing and processing experience, preferably with a financial institution.

Diamond Credit Union complies with all laws related to equal employment opportunity. It is the policy of the Credit Union to not discriminate against any employee or applicant because of sex (including gender identity, gender expression, sexual orientation, pregnancy, and pregnancy related decisions). Diamond Credit Union will not engage in any discriminatory employment practices based on race, color, religion, gender, age, national origin, ancestry, veteran status, disability, or any other characteristics protected by law.