• Commercial Loan Officer I ( Ogden or Salt Lake)

    Branch/Office
    OP CENTER
    Department
    COMMERCIAL UNDERWRITING
    City
    OGDEN
    Address
    1344 West 4675 South
    Position Status
    40 HR
    Schedule
    Mon- Fri
  • Overview

    This position requires excellent organizational skills and the ability to communicate and work well with large groups as well as individually as required. Attention to detail, accuracy, and solid writing and research, written communication and underwriting skills are required to the successful execution of this position. Needs the ability to understand financial and tax reporting information for large and small business entities. Have a demonstrated knowledge of the commercial real estate market and collection and workout procedures. Demonstrate ability to pursue new business and develop relationships to grow the loan portfolio.

    Responsibilities

    1. Assumes responsibility for financial and background analysis of new commercial business loan requests.

     

    a. Request and gathers complete financial information for all borrowers and guarantors applying for a loan.

    b. Inputs gathered information into lending recommendation and performs analysis of information.

    c. Gives insight and recommendations on how a loan might be structured and approved.

    d. Follows all policies and procedures in preparing loan recommendation packets for submission to loan review committee.

    e. Makes sure all files are completed and in filing order when turned over to the loan administration group.

     

    2. Assumes responsibility for financial and background analysis of existing commercial business loans.

     

    a. Gathers complete financial information for all existing borrowers and guarantors.

    b. Inputs gathered information into lending review and performs analysis of information.

    c. Gives insight on performance and recommendations on future actions.

    d. Follows all policies and procedures in preparing loan recommendation reviews for submission to loan review committee.

    e. Makes sure all files are completed and in filing order when turned over to the loan administration group.

     

    3. Assumes responsibility on assigned loans for:

     

    a. For Assigned loan portfolio monitoring

    b. Writing Credit Memorandums on any issues or changes to any assigned loan.

    c. Working out collection arrangements as needed.

    d. Communicating issues on loans to supervisors.

     

    4. Assumes responsibility for ensuring that professional business relations exist with members, vendors, and trade professionals.

     

    a. Represents the Credit Union in contacts with business and trade professionals.

    b. Ensures that requests, questions, and problems are courteously and professionally resolved.

    c. Ensures that the Credit Union’s professional reputation is maintained both internally and externally.

    d. Assumes responsibility for establishing and maintaining professional business relations and providing high quality services to members and business contacts.

    e. Obtains and conveys information as needed.

    f. Resolves or refers questions and requests promptly and courteously.

    g. Maintains and projects the Credit Union’s professional reputation.

    h. Maintains confidentiality. 

     

    5. Assumes responsibility to grow commercial loan portfolio and contact new and existing businesses seeking lending opportunities.

     

    a. Responsible for soliciting and servicing a variety of commercial loans.

    b. Interviews applicants and recommends approval of customer applications for commercial loans.

    c. Analyzes applicant financial status and credit to determine feasibility of granting loan.

      

    6. Assumes responsibility for related duties as required.

     

    a. Completes miscellaneous duties as needed.

    b. Ensures that work areas are clean, secure, and well maintained.

    c. Completes special projects as assigned.

    Qualifications

    Training/Education/Certification:

     

    • College graduate business related field (preferable)
    • Understands and can perform financial calculations
    • Experience with financial software, policies and procedures.
    • Minimum 1 to 4 years related experience (preferable).

    Required Knowledge:

     

    • Knowledge of Credit Union policies, procedures and requirements.
    • Familiarity with Credit Union products and processes. (CSAIR, TALON, Oracle Teller Pro, HostLink, Instant membership, LoanPro, Imaging, OnDemand).
    • Finance and banking knowledge.

     

    Skills/Abilities:

     

    • Well organized.
    • Attentive to detail.
    • Good writing skills.
    • Solid communication abilities.
    • Able to work independently and determine priorities.
    • Ability to assist others.
    • Self Starter.

    Apply

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