Business Loan Specialist

Ultipro; Hudson (WI); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Healthy living fund

Student loan repayment

Competitive pay

401(k) match

Job summary

WESTconsin Credit Union in Hudson, WI is seeking a Commercial Loan Officer to prepare and review business loan documentation and manage the lending portfolio.

You will collaborate with the Business Loan Officer Teams to meet members' commercial lending needs, ensure compliance with lending policies, and support deposit and cash management through referrals. Training is onsite with a path to hybrid work as you progress.

Qualifications

• Bachelor's degree in Business, Finance or related field or equivalent experience required.
• 1 year of lending experience or specialized training required.
• Thorough knowledge of lending regulations and credit/underwriting practices.
• Notary required.

Responsibilities

• Prepares and reviews loan documentation for all types of business loans, renewals, and amendments according to policies.
• Reviews credit presentations to ensure proper approvals and documentation.
• Uses core systems to prepare, build, review, and maintain business loans including collateral release.
• Develops and maintains relationships with Members through Business Loan Officer Teams.
• Participates in credit/risk management, portfolio management, and servicing of assigned portfolio.

Skills

Notary

Education

Bachelor's degree in Business, Finance or equivalent experience

Tools

Core banking software

Job description

At WESTconsin Credit Union, we believe in the power of people helping people. Our mission is to give members, communities, and one another the inspiration, resources, and support to achieve financial wellness. We fulfill our mission by creating a positive impact in our members' lives by providing trusted financial services and building lasting relationships. If you're looking to work for an organization where your contributions matter, where teamwork and community are at the heart of everything we do, and where you can grow in a dynamic, supportive culture-then you're in the right place! We're more than just a credit union; we strive to make a real difference. Ready to make an impact? Let's grow together!

This position will office out of our Hudson, River Falls, or Menomonie location. Training for this position will require the applicant to be onsite. Once fully trained, there is an opportunity for a hybrid work arrangement.

What You'll Be Doing:

• Prepares and reviews loan documentation for all types of business loans, renewals, and amendments according to business loan policies and procedures
• Reviews credit presentations to assure that the credit has been presented to all the proper approval authorities, and addresses items identified as requiring further action to properly document the loan
• Utilizes core system and other department software in an accurate manner to prepare, build, review, and maintain business loans including release of collateral
• Develop and maintain strong relationships with existing and prospective Members through respective Business Loan Officer Teams
• Participate in overall credit/risk management, portfolio management, and servicing of assigned portfolio, including but not limited to loan renewals, annual reviews, and additional lending requests
• Ensures compliance with lending policies and procedures
• Actively collaborates with other WESTconsin Team Members to help meet Members' specific commercial lending, commercial real estate lending, business lending, and deposit and cash management needs through referral efforts and member relationship building
• Identifies options, evaluates solutions, anticipates concerns, addresses issues professionally, influences others constructively, and works collaboratively across departments to support Member needs and organizational goals
• Responds to internal and external member questions, concerns, and complaints
• Reviews paid loans and processes requests to release collateral as necessary
• Assists Business Loan Officers to operate in compliance with laws and regulations and adhere to lending compliance requirements

What You'll Need to Be Successful:

• Bachelor's degree in Business, Finance or equivalent experience preferred
• 1 years of related specialized training and/or lending experience required
• Thorough knowledge of lending regulations and credit/underwriting, and commercial loan document practices
• Notary required

Why Choose WESTconsin:

• Health, Dental, and Vision Insurance Plans
• Annual Healthy Living Fund Contribution
• Student Loan Repayment Program
• Competitive Pay
• Impressive 401(k) Contribution and Match Plan

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.