Business Lending Consultant

Dupaco Community Credit Union; Dubuque (IA); On-site; USD 55,000 - 75,000; Full time

Job summary

Dupaco Community Credit Union in Dubuque, IA is seeking a Business Lending Consultant to service new and existing business member accounts and help grow loan volume through small business relationships and straightforward loan products.

You will also prepare and review deposit account documentation for business deposits, collaborate with teammates, and demonstrate strong credit judgment and professional service.

Qualifications

• Minimum of two years consumer and/or mortgage lending experience.
• Excellent listening, verbal and written communication skills.
• Ability to work independently and prioritize tasks.
• Basic knowledge of laws and regulations governing lending.

Responsibilities

• Provide quality service to business members and coworkers.
• Cross-sell appropriate financial products and educate members.
• Assist with closings and follow-up on loan activity.
• Interview loan applicants and assess credit worthiness.
• Negotiate loan terms and explain costs, repayment, and collateral.
• Monitor loan repayments and collect past-due accounts when needed.

Skills

Lending experience

Communication skills

Customer service

Education

Bachelor's degree

Job description

Description

Dupaco Community Credit Union has an exciting opportunity to join the Business team as a Business Lending Consultant! You will be responsible for servicing new and existing business member accounts and assisting with incoming business loan volume by focusing on small business relationships and simple business loans (such as lines of credit, equipment loans, real estate purchases). Additionally, you will prepare and review the deposit account opening documentation for business deposit accounts.

Job Details

Dupaco Community Credit Union has an exciting opportunity to join the Business team as a Business Lending Consultant! You will be responsible for servicing new and existing business member accounts and assisting with incoming business loan volume by focusing on small business relationships and simple business loans (such as lines of credit, equipment loans, real estate purchases). Additionally, you will prepare and review the deposit account opening documentation for business deposit accounts.

#DupacoDifference. https://www.youtube.com/watch?v=Oy_rZxNXcC8

Dupaco Values

Demonstrates Dupaco Values: Rooted in Trust, Empathetic Understanding, Strengthening Relationships, Advocate for All and Invest in You

What You'll Do

• Provide quality service to members, potential members and coworkers
• Demonstrate teamwork and professionalism in all interactions with coworkers
• Promote a professional image of the credit union at all times
• Exhibit a thorough knowledge of credit union products and services
• Recognize member needs to cross sell and educate them on the appropriate financial products and services while providing courteous, professional and knowledgeable service to increase member satisfaction and account usage
• Provide servicing for business accounts by answering member calls, serving as liaison between business members and business lenders once they exceed set aggregate dollar amount, attending client meetings, assisting with closings, and providing follow up as needed
• Interviewing loan applicants, collecting and analyzing financial data in order to determine the general credit worthiness of the applicant and the merits of the specific loan request
• Establishing and negotiating, both consumer and business loans and inform member of the terms under which credit will be extended, including the costs, repayment schedule and collateral requirements focusing on
• Recommend approval or denial of loan application as assigned
• Monitor loan repayment activities and take necessary action in collecting past due accounts
• Understand the technology that is available to the members and demonstrate to them how to use it
• Read all pertinent material to keep informed on trends, laws, regulations and innovations in field, makes recommendations accordingly
• Demonstrate individual judgment realizing that any decision could place the credit union at risk
• Performs other duties as assigned

You’ll Need

• Bachelor’s Degree in business/finance or related field or equivalent experience is preferred
• Minimum of two years consumer and/or mortgage lending experience
• Must possess excellent listening, verbal and written, and presentation skills
• Basic knowledge of laws and regulations governing business or consumer lending practices
• Ability to demonstrate sound individual judgment
• Ability to prioritize, organize time, and to work independently
• General knowledge of credit union policies and procedures