Purdue Federal Credit Union ยท 1 day ago
Senior Account VP/Loan Officer - Member Business Services
Crown Point, IN
Full-time
Onsite
Senior LevelPurdue Federal Credit Union is seeking a Senior Account VP/Member Business Loan Officer who will be responsible for developing and maintaining relationships with business members to generate new loans, deposits, and other credit union products and services. The role includes loan origination, credit analysis, business development, and portfolio management to ensure the growth and quality of the credit union's offerings.
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
Qualification
Required
Develop and maintain relationships with business members to generate new loans, deposits, and other credit union products and services
Analyze credit requests to ascertain fit within the credit union's quality and risk guidelines
Service and grow a loan and deposit portfolio of accounts
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
Competent computer skills
Ability to communicate, verbally and in writing, in a professional manner when dealing with employees, members, vendors and company contacts
Ability to follow the 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
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