Vice President Commercial Lender - Detroit, MI jobs in United States
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LMCU · 1 day ago

Vice President Commercial Lender - Detroit, MI

LMCU is a credit union that prioritizes its employees and their contributions. The Vice President Commercial Lender is responsible for managing commercial loan production and portfolio growth while fostering relationships with members to meet their business needs.

BankingFinanceFinancial ServicesNon Profit

Responsibilities

Build and maintain a strong pipeline of commercial lending opportunities to support portfolio growth
Develop a thorough understanding of members’ businesses, including their operations, financial performance, and strategic objectives
Manage and deepen existing member relationships by identifying opportunities to cross-sell deposit products and other financial services
Provide members with insights, industry knowledge, and market trends to support informed business decisions
Monitor the commercial loan portfolio to ensure strong credit quality, including oversight of past-due credits, non-performing loans, loan servicing, and the resolution of outstanding loan conditions
Conduct regular member meetings on a quarterly to semi-annual basis to assess performance and identify new lending opportunities
Evaluate member loan requests and make preliminary assessments of creditworthiness and feasibility
Gather and analyze required documentation, including financial statements and project-related information
Collaborate with the Credit team to obtain additional information or clarification needed for loan approval and closing
Coordinate internal and external resources to ensure timely and efficient loan processing and execution of loan documents
Ensure full compliance with all federal and state lending regulations, LMCU policies, and risk management standards

Qualification

Commercial lending experiencePortfolio managementFinancial analysisLending policyCommunication skillsInterpersonal skills

Required

Bachelor's degree in Business, Finance, Economics, or related field
Five+ years of experience in commercial lending, with proven success in portfolio management and business development
Thorough knowledge of commercial lending policy, depository services, credit union/banking operations
Solid financial analysis capabilities and understanding of financial statements
Excellent communication and interpersonal skills

Preferred

Active involvement in community and industry organizations preferred

Benefits

Comprehensive health coverage including medical (with prescription)
Dental
Vision
HSA match
Paid parental leave
Tuition reimbursement
Weekly pay
Retirement savings options

Company

You’ll enjoy a rewarding, professional environment where you’ll be encouraged to innovate and excel.

Funding

Current Stage
Late Stage

Leadership Team

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Peter Dann
Chief Financial Officer
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Dharmesh Patel
COO - Southwest Florida Region
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