Commercial Loan Officer

Alabama Credit Union; Daphne (AL); On-site; USD 65,000 - 90,000; Full time

Job summary

Alabama Credit Union is seeking a skilled professional to process and underwrite member business loan applications, making recommendations for approval or denial as per policy. The role also involves developing member business loans and accounts through outside sales, plus ongoing analysis of existing loans with actionable recommendations.

The candidate should have 3–5 years in similar roles, hold a bachelor’s degree or equivalent certifications, and demonstrate strong interpersonal and

Qualifications

• Three to five years of similar or related experience.
• Bachelor's degree or industry-equivalent certifications.
• Strong interpersonal skills with confidential communication.

Responsibilities

• Process and underwrite member business loan applications in accordance with loan policy.
• Develop member business loans and accounts through outside sales.
• Provide ongoing analysis of existing member business loans and recommend actions as needed.

Skills

Interpersonal skills

Confidentiality and tact

Industry knowledge

Education

Bachelor's degree or equivalent qualifications

Job description

Description

To process and underwrite member business loan applications, and make recommendations for approval or denial according to established loan policy; to develop member business loans and member business accounts through outside sales; and to provide ongoing analysis of existing member business loans and to make recommendations for action as needed.

Requirements

Experience: Three years to five years of similar or related experience.

Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).

Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Other Skills:

Understanding of loan products, polices, regulations, loan underwriting concepts and lending risks are required, including understanding and working knowledge of the following:

• Personal financial statements, Cash flows, financial spreads
• Business entity types
• Commercial loan forms including notes, titles, UCC forms, liens and lien perfection.
• Knowledge of construction and development loans, and associated processes