Business Lending Specialist

Sikorsky Financial Credit Union, Inc.; Stratford (CT); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

paid-time off

medical/dental

401K plan with company match

tuition reimbursement

Job summary

Sikorsky Credit Union is seeking a Business Lending Specialist to support the Business Lending team with loan portfolio maintenance, servicing, and administration. You will assist with onboarding, document gathering, and annual reviews, while maintaining strong borrower relationships.

The role emphasizes accuracy, timely reporting, and collaboration with members, co-workers, and vendors in a fast-paced banking environment.

Qualifications

• Bachelor’s degree preferred; banking/credit union experience is a plus.
• Minimum 2 years in relationship management with commercial borrowers.
• Proficient in accounting and financial statement analysis.
• Strong communication, time management, detail orientation and teamwork.
• Proficiency with MS Office 365; Fiserv DNA experience preferred.

Responsibilities

• Assist loan administration support: portfolio management and onboarding.
• Maintain loan files and gather updated financial documents from borrowers.
• Support annual financial reviews and loan portfolio management.
• Prepare and maintain reports for management.
• Serve as contact for borrowers with updated financial information.
• Assist with boarding loans to core system and account maintenance.
• Promote a positive, professional atmosphere with members and staff.

Skills

Member service

Time management

Attention to detail

Communication skills

Team collaboration

Adaptability

Education

Bachelor’s degree preferred

Tools

Microsoft Office 365

Fiserv DNA

Job description

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 their 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

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.