Business Lending Specialist

Sikorsky Credit Union; Stratford (CT); On-site; USD 60,000 - 90,000; Full time

Job summary

Sikorsky Credit Union in Stratford, CT seeks a Business Lending Specialist to support the Business Lending team with loan administration, portfolio management, and borrower communications. The role involves boarding new loans, performing account maintenance, and preparing reports for management.

The ideal candidate has at least 2 years in relationship management with commercial borrowers, strong accounting and financial statement analysis skills, and proficiency with Microsoft Office.

Qualifications

• Bachelor’s degree is strongly preferred; will consider qualified candidates with proven work experience in a similar role at a bank or credit union.

Responsibilities

• Assist the business lending team with loan administration support functions including portfolio management, new loan onboarding, organizing loan files, and gathering updated financial documents from borrowers.
• Assist with the management of the loan portfolio and completion of annual financial reviews.
• Prepare and maintain reports assigned by management.
• Act as a point of contact for existing borrowers related to their providing updated financial information.
• Assist with loan operations which involves boarding new loans onto the core system, performing account maintenance (i.e. loan extensions, modifications, payment adjustments, etc.), and preparing reports as needed.
• Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with members, co-workers, management and vendors.
• Keeps abreast of industry developments including but not limited to changes in regulations and technology.
• Ensure adherence to company policies and procedures and Banking/Credit Union Regulations.
• Performs additional duties as required.

Skills

Commercial lending relationship mgmt

Financial statement analysis

Strong communication

Attention to detail

Education

Bachelor’s degree preferred

Tools

Microsoft Office 365

Fiserv DNA

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Business Lending Specialist

Regular Full-Time Professional Stratford, CT, US

7 days ago Requisition ID: 1437

Why Join the Sikorsky Credit Union Team?

Sikorsky Credit Union has been named the #1 Credit Union in Connecticut for 7 years in a row. We are one of the largest credit unions in the state, with over $1 billion in assets, and we continue to grow!

If you are passionate about helping people achieve your financial goals and want to make a difference in the local community, we want to hear from you! We are looking for talented people to help us improve the banking experience for our valued members.

Working at Sikorsky Credit Union has its benefits. You’ll enjoy an awesome work-life balance, competitive pay, and an excellent benefits package that includes paid-time off, medical/dental, 401K plan with company match, tuition reimbursement and more! Please check out the details below to learn more about this position.

General Summary:

The Business Lending Specialist will be responsible for a variety of duties in support of the Business Lending team. This person will provide administrative and operational support and relationship management including loan portfolio maintenance, loan servicing and overall loan administration.

• Assist the business lending team with loan administration support functions including portfolio management, new loan onboarding, organizing loan files, and gathering updated financial documents from borrowers.
• Assist with the management of the loan portfolio and completion of annual financial reviews.
• Prepare and maintain reports assigned by management.
• Act as a point of contact for existing borrowers related to their providing updated financial information.
• Assist with loan operations which involves boarding new loans onto the core system, performing account maintenance (i.e. loan extensions, modifications, payment adjustments, etc.), and preparing reports as needed.
• Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with members, co-workers, management and vendors.
• Keeps abreast of industry developments including but not limited to changes in regulations and technology.
• Ensure adherence to company policies and procedures and Banking/Credit Union Regulations.
• Performs additional duties as required.

Essential Skills, Knowledge and Requirements:

• Bachelor’s degree is strongly preferred. Will consider qualified candidates with proven work experience in a similar role at a bank or credit union.
• Minimum of 2 years of experience in relationship management with commercial borrowers.
• Proficient in accounting and financial statement analysis.
• Sense of urgency, strong member service skills, strong time management and workload management skills, attention to detail, willingness and ability to contribute to a team-based environment, ability to adapt easily to change, strong communication skills and a desire to provide best-in-class service to the Members.
• Proficiency in Microsoft Office 365 suite including Word, Excel, Outlook and Microsoft Teams. Fiserv DNA experience strongly preferred.

Sikorsky Credit Union is an equal opportunity employer that is proud of its commitment to diversity and inclusion. Therefore, we welcome applicants from all communities, including age, color, ethnicity, familial or marital status, gender identity or expression, language, national origin, physical or mental disability, military or veteran status, race, religion, sexual orientation, and socioeconomic background.