Commercial Lending Lead & Relationship Builder

North Iowa Community Credit Union; Mason City (IA); On-site; USD 60,000 - 90,000; Full time

Job summary

North Iowa Community Credit Union in Mason City, IA is seeking a motivated Commercial Loan Officer to grow our commercial lending program. The right candidate will analyze and structure commercial credit, manage a growing loan portfolio, and work directly with local business owners to strengthen relationships.

We welcome experienced lenders or developing professionals with strong credit skills who understand that successful lending is about understanding the borrower's business and managing risk

Qualifications

• Approximately 2 or more years of commercial lending, commercial credit analysis, underwriting, banking, or closely related lending experience.
• Bachelor’s degree in finance, accounting, business, economics, or a related field preferred; equivalent lending experience will also be considered.
• Ability to analyze business and personal tax returns, financial statements, balance sheets, income statements, and cash-flow information.

Responsibilities

• Develop and maintain relationships with existing and prospective business members.
• Interview commercial borrowers and identify financing needs.
• Analyze business and personal financial statements, tax returns, cash flow, debt service capacity, and guarantor strength.
• Evaluate collateral, loan-to-value, industry risk, repayment ability, and overall creditworthiness.
• Structure commercial loans and lines of credit consistent with the borrower’s needs and NICCU’s lending policies.
• Prepare clear and thorough commercial credit analyses and loan presentations.
• Present loan recommendations to management, loan committee, or the Board of Directors when applicable.
• Manage an assigned commercial loan portfolio and monitor credit quality.
• Identify developing credit concerns and work proactively with borrowers and management to address them.
• Assist with commercial loan closings and ensure required documentation and collateral perfection are completed.
• Identify opportunities to deepen business relationships through deposit accounts, cash management services, and other credit union products.
• Participate in community and business-development activities.
• Help improve and develop commercial lending procedures, underwriting practices, portfolio monitoring, and department processes as the program grows.
• Maintain knowledge of applicable regulations, credit union policies, and sound commercial lending practices.

Skills

Commercial lending

Financial analysis

Relationship building

Communication skills

Organizational skills

Education

Bachelor’s degree in Finance/Accounting/Business

Job description

North Iowa Community Credit Union in Mason City, IA is seeking a motivated Commercial Loan Officer to grow our commercial lending program. The right candidate will analyze and structure commercial credit, manage a growing loan portfolio, and work directly with local business owners to strengthen relationships.

We welcome experienced lenders or developing professionals with strong credit skills who understand that successful lending is about understanding the borrower's business and managing risk