VP - Commercial Loan Officer jobs in United States
cer-icon
Apply on Employer Site
company-logo

Amplify Credit Union · 1 week ago

VP - Commercial Loan Officer

Amplify Credit Union is a tech-focused financial institution that values community impact and employee growth. They are seeking a VP - Commercial Loan Officer to establish relationships with businesses for commercial loans, while providing outstanding member service and managing a portfolio of client relationships.

BankingFinancial ServicesWealth Management

Responsibilities

Calls on existing and potential business members to develop new business and increase or retain existing business
Participates in business development activities that promote the increase of commercial loans and deposits for the Credit Union
Meets or exceeds individual loan goals and objectives as established by VP of Commercial Lending
Maintains and develops a pipeline of prospective clients and commercial loan/line requests
Manages relationships to achieve production goals and enhance service experience through member contact, association and community participation
Manages a portfolio of relationships to ensure product alignment, cross-sell opportunities, and maintain the safety and soundness of the portfolio
Maintains relationships with third-party vendors on existing and/or new products and services for the business services area
Accurately processes commercial loan requests in a timely manner, communicating regularly with the client
Reviews commercial loans for compliance and utilizes the risk analysis process to monitor and evaluate loans being submitted for review and/or approval
Supports periodic credit reviews of member commercial loans to assess the overall financial condition and member’s ability to re-pay the loan
Maintains up-to-date credit files including current financial information deemed necessary and in accordance with the loan agreement
Originates a wide variety of commercial loans and lines of credit with the purpose of growing Amplify’s commercial loan portfolio, while emphasizing prudent lending practices, loan quality, and member service
Interviews applicants to determine whether a loan may be an acceptable risk by gathering information about their business and its needs, challenges, trends, plans, and financials
Analyzes applicant financial status, credit, and collateral to determine feasibility of granting loan and submits application to credit analyst for verification and recommendation
Follows current loan guidelines and policies to ensure complete compliance with NCUA and Texas regulations
Offers financial advice and counsel to business customers and prospective members
Performs post-closing activity including scheduled and unscheduled site visits and collateral inspections
Assists and advises Account Resolutions with collection of business loans
Studies and understands the national, regional and local economy along with industry performance in order to have a clear understanding of financial situations relating to new or existing businesses
Actively promotes Amplify’s products and services by cross-selling to existing and prospective clients
Maintains ongoing communication with the VP of Commercial Lending, informing him/her of all pertinent problems, irregularities, new developments, changes, and other important information within area of responsibility; attends meetings as scheduled and as directed
Upholds credit union policies and procedures and champions organizational culture both internally and externally

Qualification

Commercial lendingSBA 7(a)504 programsCredit analysisCredit Bureau SystemsMicrosoft OfficeJudgment skillsBusiness law knowledgeRegulatory knowledgeCommunication

Required

Bachelor's degree from four-year college or university
Five years related experience and/or training; or equivalent combination of education and experience
Minimum of three years credit union or other financial industry experience
Extensive knowledge and proven track record of commercial lending
A minimum of two year's experience with SBA 7(a) and 504 programs
Must be bondable
To perform this job successfully, an individual should have knowledge and be efficient with the use of a personal computer, Microsoft Office products (Excel, Word, and PowerPoint), Credit Bureau Systems and financial calculators
Must have reliable internet access of 50MBPS which is the minimum speed required to connect to several of our systems and platforms
Working knowledge of all Federal, state, and NCUA regulations and guidelines pertaining to loan operations
Excellent verbal and written communication skills required
Basic knowledge of business law and consumer credit laws and regulations
Excellent judgment skills to make quick decisions within or outside written policy and procedures

Preferred

Formal credit training preferred

Benefits

Medical, Dental, and 401(k) programs for team members.
Customized volunteer opportunities with our signature partners (Saint Louise House).
Additional paid time off for volunteer-related activities.
Undergraduate and graduate tuition benefits for eligible full-time and part-time team members.

Company

Amplify Credit Union

twittertwittertwitter
company-logo
Amplify Credit Union is a banking organization that offers loans and wealth management services to individuals and businesses.

Funding

Current Stage
Growth Stage

Leadership Team

leader-logo
JC San Pedro
SVP Mortgage Banking & Loan Administration
linkedin
leader-logo
Yvonne Case
VP of Real Estate Production
linkedin
Company data provided by crunchbase