Purdue Federal Credit Union · 1 day ago
Account VP/Member Business Loan Officer
Lafayette, IN
Full-time
Onsite
Senior LevelPurdue Federal Credit Union is seeking an Account VP/Member Business Loan Officer responsible for developing and maintaining relationships with business members to generate new loans and deposits. The role includes analyzing credit requests, servicing loan portfolios, and supporting branch commercial activities to meet business members' needs.
BankingFinancial Services
Responsibilities
Originate commercial loans
Refer and cross-sell deposit products, Treasury Management services and other credit union products and services
Analyze financial information and credit applications to determine credit potential
Negotiate credit terms within the credit union's loan policies
Prepare credit opportunity memoranda
Present loans for approval to the proper approval authority
Voting member of Business Loan Committee
Assist members regarding existing loans, financial requests, financing terms and guidelines
Support branch commercial activities
Provide resources and make recommendations that meet business members' needs
Network and prospect for new business members through attendance at and involvement in business and community events
Represent Member Business Services at Chamber of Commerce and other business events
Resolve members' problems
Collect on-going member financial data
Monitor performance of individual loan portfolio to maintain and improve the quality
Maintain credit files
Monitor and grow deposits
Lead/Participate in departmental and cross-functional projects
Monitor market indicators and competition
Stay abreast of industry, market and regulatory changes
Develop new marketing materials that cover business products and services including regulatory requirements
Take ownership of personal development by participating in ongoing training, seeking feedback, and building knowledge and skills relevant to role, department, compliance, and credit union’s mission
Qualification
Required
Proven success in commercial lending within financial services
Strong relationship-building, networking, and communication skills to cultivate and maintain long-term business member partnerships
Excellent presentation, public speaking, and interpersonal communication abilities to effectively engage with business members, community organizations, and internal partners
Ability to review and analyze complex business and personal financial statements, tax returns, and cash flow reports to determine creditworthiness and loan structure
Strong analytical and decision-making skills, with the ability to make sound, timely credit and business judgments
Highly organized and detail-oriented, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment
Strategic thinker with solid planning and time-management abilities to support business growth initiatives
Demonstrated ability to work both independently and collaboratively in a team-oriented environment
Proficiency in Microsoft Office Suite; familiarity with CRM systems and loan tracking tools
Strong computer literacy and ability to adapt to new technology platforms
Professional demeanor and sound judgment when representing the credit union in business and community settings
Ability to perform effectively under pressure and manage frequent interruptions while maintaining accuracy and professionalism
Ability to communicate, verbally and in writing, in a professional manner when dealing with employees, members, vendors and company contacts
Ability to follow core values of honesty, integrity, mutual respect, pride and ownership
Company
Purdue Federal Credit Union
Purdue Federal Credit Union is a financial cooperative and Trusted Financial Partner For Life.
Founded in 1969
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Brian Musser
Senior Vice President/CFO
Company data provided by crunchbase