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Interra Credit Union · 3 hours ago

Vice President Commercial Lender

Goshen, IN

Full-time

Onsite

Mid, Senior Level

7+ years exp

Interra Credit Union is seeking a Vice President, Commercial Lender to manage and monitor a loan portfolio while developing relationships with members. The role focuses on growing business loans, enhancing member services, and ensuring proper risk management within the credit union's lending operations.

Financial Services

Hiring Manager

Ali Barden

Responsibilities

Accountable for the oversight and growth of a commercial lending portfolio

Responsible for a specified amount of business loans and deposit production expectations that will be required to be met on an ongoing basis

Portfolio management expectations will have delinquency, covenant tracking, and credit risk ratings monitored to ensure that loans are being made and maintained within policy and procedural guidelines

Cultivate and meet with prospective and current members to collect information concerning their business needs, evaluation of income, collateral, and overall financial condition

Utilize delegated lending authority to approve and originate business loans within loan officer limits or submit loans to the Executive Loan Committee and Board Loan Committee when exceeding lender limits

Collaborate with Lender Support Specialists, Credit Analysts, and Commercial Operations staff in preparation of loan presentations, to include validation of loan underwriting, credit report reviews, and appraisals to assist with accuracy and identifying potential risks

Serve as a mentor and advisor to other business lenders to foster their growth and development

Responsible for new business development and secure relationships with centers of influence in the area of commercial real estate and Commercial and Industrial (C & I) lending through community involvement, networking events, and non-profit boards

Oversee the ongoing cultivation of new leads both organically and outside while maintaining and strengthening existing relationships

Follows up on referrals, identifying new relationship opportunities, and identifies cross sell opportunities to educate members and non-members on credit union products and services

Initiate, create, and deliver commercial lending and deposit presentations for local businesses and internal credit union seminars

Responsible for following up with members after closing to assess any further needs or answer questions

Maintains and strengthens relationships with existing member base as well as building new

Meets specified annual cross-sales expectations and requirements on an ongoing basis

Interviews member loan applicants to identify commercial business loan needs, collect applicable information, evaluate income and their overall financial condition

Explains loan programs and recommends options

Responsible for the execution of accurate documentation provided by the borrower and definitive oversight of the processing and closing of all commercial business loans

Initiates required adverse action letters, when applicable

Completes required annual training courses provided by the training and compliance department

Continuous engagement with personal learning and development

Other duties as assigned

Qualification

Commercial lending experiencePortfolio managementBusiness developmentCredit Union regulationsMicrosoft Office proficiencyAnalytical skillsMember serviceOrganizational skillsVerbal communicationWritten communicationProject managementTeamwork

Required

7+ years' commercial lending experience in the finance industry

Completion of a required Bachelor's degree in Business Management, Business Administration, or related field

Must have and maintain a valid driver's license

Must comply with all company policies and procedures, applicable laws, and regulations, including but not limited to, the Credit Union Secrecy Act, the USA PATRIOT Act, and the Office of Foreign Assets Control

Preferred

Demonstrated knowledge of Credit Union regulations, products, policies, procedures, and services

Ability to establish oneself as a people and sales and service leader in the branch

Strong organizational skills and ability to multi-task

Advanced proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint)

Must be able to work in a team environment with the ability to interact in a positive manner with peers, management, and other departments

Professional level of verbal and written communication skills are essential to the position

Advanced analytical and project management skills for a variety of tasks or projects

Ability to motivate or influence internal staff and external members is a critical part of the job, requiring a significant level of influence and trust

Ability to deal with complex problems involving multiple facets, variables, and situations

Demonstrated ability to plan and prioritize work to meet commitments by breaking down objectives into appropriate actions and anticipate and adjust plans as needed

Ability to provide world class member service while executing Interra's vision, mission, and delivery of Core Values