Security Service Federal Credit Union · 3 months ago
Sr. Commercial Loan Officer
Bountiful, UT, 84010, United States
Full-time
Onsite
Senior LevelSecurity Service Federal Credit Union is seeking a Senior Commercial Loan Officer to manage and service a variety of commercial loans. The role involves developing new business, maintaining loan portfolios, and ensuring compliance with lending policies and regulations.
Financial Services
Responsibilities
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
Qualification
Required
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
Company
Security Service Federal Credit Union
Security Service Federal Credit Union gives financial products and services.
Founded in 1956
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Aaron Leek
Executive Vice President / Chief Operating Officer
Recent News
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2025-06-10
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2024-04-08
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