Sr. Commercial Loan Officer

Security Service Federal Credit Union; American Fork (UT); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

401K match with immediate vesting

Tuition reimbursement

On-site fitness center

Job summary

Security Service Federal Credit Union is seeking an experienced Commercial Lender/Portfolio Manager to lead and grow a diverse loan portfolio. You will originate, underwrite, close, and service commercial loans including conventional, SBA, construction, and C&I, while ensuring profitability and risk control.

Ideal candidates bring extensive CRE, C&I and construction lending knowledge, strong analytical and sales skills, and a proven ability to develop new business and maintain client

Qualifications

• Bachelor’s degree in Business Administration or equivalent education and/or experience.
• Ten years in commercial lending and managing a commercial loan portfolio with customer service focus.
• Five years of credit analysis/underwriting experience or equivalent commercial lending experience.
• Proven track record in sales ability/aptitude and business development.

Responsibilities

• Makes and services a variety of commercial loans (conventional, SBA, Construction, C&I).
• Develops and manages commercial loan accounts meeting lending requirements and profitability goals.
• Performs portfolio maintenance and loan administration per policies and regulations.
• Gathers, evaluates, underwrites and closes loans within authority; coordinates processing and documentation.
• Provides guidance to staff and participates in loan approval processes.
• Identifies deteriorating loan situations and works with collections to manage losses.
• Maintains knowledge of commercial lending products and industry trends.
• Engages in business development and calls on potential customers to expand relationships.

Skills

Sales ability

Negotiation

Strong communication

Analytical skills

High-volume environment

Education

Bachelor’s degree in Business Administration

Job description

Makes and services a variety commercial loans (conventional, SBA, Construction, C&I) to include some complex credits. Develops and manages commercial loan accounts that meet established lending requirements and maximize profitability to the credit union with minimal risk. Provides portfolio maintenance and loan administration in accordance with SSFCU, Federal, State and NCUA policies. Operates with commercial lending authority as established by credit policy. Develops new business and expands existing relationships. Maintains knowledge of commercial loan products and services, as well as knowledge of the industries or market areas served. Calls on potential customers, identifies banking needs, secures financial data for analysis, and makes proposals for new business. Reviews existing account relationship for opportunities to meet additional needs with other products or services, makes proposals as appropriate. Makes sale calls in the calling program to achieve individually established goals. Gathers, evaluates, underwrites and closes all types of commercial loans within established credit authority limits; oversees processing of commercial loan documents and file maintenance; coordinates collection activities; provides direction to loan servicing, collection, loan administration support staff and guide to less experienced commercial lenders; participates in loan approval process. Manages loans within loan portfolio. Prepares letters pertinent to maintaining collateral documentation, financial statements, and other lending activities. Releases liens such as titles, mortgages, paid notes, etc. Responsible for identification and evaluation of deteriorating loan situations in order to recognize charge-off loans early and manage credit to minimize losses. Handles follow-up, collections, or delinquent and problem loans as requested. Works in concert with internal and external auditors and corporate credit review staff to insure compliance with bank policies and procedures and federal, state, and NCUA regulations. Completes any other job related duties needed to help drive to our Vision, fulfill our Purpose, and abide by our Organization's Values.

What We Require:

Bachelor degree in Business Administration or equivalent education and/or experience. Ten (10) years in commercial lending and managing a commercial loan portfolio and member/customer service with a strong emphasis in business product knowledge. Five (5) years of credit analysis/underwriting experience or equivalent commercial lending experience. Proven track record in sales ability/aptitude and business development. Strong verbal and written communication skills and the ability to meet deadlines and maintain attention to detail. A high level of analytical skills. Ability to perform in a high volume environment. Strong sales skills and ability to negotiate.

Ideal Candidate Will Have:

Expert knowledge of CRE, C&I and Construction Lending, SBA experience preferred. A high level of analytical skills. Strong sales skills and ability to negotiate. Thorough knowledge and understanding of federal, state and NCUA regulations.

Who We Are:

Security Service Federal Credit Union is an industry leader who has built a reputation of innovation, strength, and stability. We pride ourselves on discovering and developing employees who have exceptional character and a genuine passion for helping others. In return, we deliver a comprehensive total rewards package that supports the financial, physical, and emotional wellbeing of our employees.

Our Core Values:

All employees should demonstrate our SSFCU core values -- Caring, Innovative, Honest, Fair and Dedicated -- while providing enthusiastic, professional, and courteous service to SSFCU members and employees.

What We Offer:

SSFCU offers a comprehensive total rewards package.

• Benefit options include medical, dental and vision insurance
• health savings and flexible spending accounts
• company paid employee life insurance
• supplemental life insurance plans
• supplemental insurance plans for hospital and critical accident
• short term disability
• company paid long term disability
• paid sick and safe leave
• paid vacation
• 401K match with immediate vesting
• tuition reimbursement
• employee tenure and award programs
• access to an on-site fitness center or gym membership reimbursement program
• Employees can participate in our award-winning Total Wellbeing program focusing on physical, financial and emotional wellbeing
• We invest in our communities through our Volunteer Corps and in you, through ongoing growth and development opportunities

Additional Information:

We are an EEO Employer that provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, or genetic information.