1 Senior Commercial Loan Development Officer Job in Derwood, MD

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Senior Commercial Loan Development Officer

NIH Federal Credit Union

Derwood, MD | Full Time

$109k-151k (estimate)

1 Week Ago

Senior Commercial Loan Development Officer

$109k-151k (estimate)

Full Time | Banking 1 Week Ago

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NIH Federal Credit Union is Hiring a Senior Commercial Loan Development Officer Near Derwood, MD

We are looking for more than just an employee, we are looking for a true team member dedicated to enhancing the member experience Come join the credit union movement and Discover Banking With Heart at NIHFCU At NIHFCU, one of our core values is investing in our employees, which is why we offer perks like these:

Benefit Package for all Full time employees includes health, dental, vision.
Life Insurance benefits
401(K) and profit sharing
Tuition Reimbursement
Career Advancement and development
Credit Union Membership with discounted services and products Learn how our NIHFCU team thrives—not only in making a difference for the members they serve, but for themselves Want to know more about NIHFCU's Banking with Heart career opportunities? NIHFCUCareers BestCreditUnions: Discover the Benefits of Working at NIHFCU | Discover Banking with Heart GENERAL SUMMARY The Senior Commercial Loan Development Officer is charged with the overall success of the Member Business Lending Origination Program through effective relationship management. MAJOR DUTIES AND RESPONSIBILITIES Develop and implement sales & lead generation process for the credit union Meet loan production and quality standards as established by the credit union while producing $25MM of combined loan fundings between conventional and SBA. Increase commercial loan production by developing business/referral contacts and attract new base of commercial loan members, within the credit union's charter Build referral network with NIH Partner relationships and potential member organizations utilizing NIHFCU Generate new commercial loan applications by developing relationships with affinity groups that assist our business members. Assist in creating/instituting special programs & strategies to increase volume and profitability Work with the marketing team to identify areas of opportunity, create marketing materials and coordinate program roll outs between retail and the MBL teams Create, maintain, and distribute commercial loan development reports to appropriate staff and management Assist SVP/CLO in meeting commercial loan operational standards by contributing commercial loan information to strategic plans and reviews; implementing production, productivity, loan quality, and customer-service standards. Presenting completed transactions to management and credit committee for approval. Commitment to involvement throughout the life of the transaction through settlement as needed. EDUCATION AND EXPERIENCE: Strong commercial/business lending sales skills with consistent track record of commercial loan production throughout the United States. Minimum ten (10) years commercial/business loan origination experience, with a strong focus on small business lending under the Small Business Administration 7(a) program. Must have an established network of referral sources and be able to provide a history of funded transactions by amount and type (conventional vs SBA) Must demonstrate a thorough knowledge of SBA SOPs, as well as credit union commercial lending policies, procedures, and regulations. Must possess a thorough understanding of the requirements and features of the SBA and other Commercial loan programs offered by NIHFCU. Knowledge of, and experience with, credit union/bank regulatory requirements. Strong math skills including the use of automated spreadsheet development and basic commercial loan analytics required Bachelor's degree required. REQUIRED COMPLIANCE COURSES Ensure that work results and processes comply with relevant laws and with established NIHFCU policies, procedures, and practices, including, but not limited to, the Bank Secrecy Act (BSA).Attend all required training or complete and pass all online required training courses as applicable. NIHFCU is an Equal Opportunity Employer and does not discriminate against employees or applicants based on race, color, religion, sex/gender, national origin, disability, age, or any other category protected by law. PM18 PIb199d90c660d-31181-34435224

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$109k-151k (estimate)

POST DATE

06/24/2024

EXPIRATION DATE

07/01/2024

WEBSITE

nihfcu.org

HEADQUARTERS

ROCKVILLE, MD

SIZE

100 - 200

FOUNDED

1940

CEO

LINDSAY ALEXANDER

REVENUE

$10M - $50M

INDUSTRY

Banking

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About NIH Federal Credit Union

Get the NIHFCU Advantage NIH Federal Credit Union (NIHFCU) is proud to be the nations largest credit union serving the healthcare and biomedical industry. We strive to provide our members with exceptional service, financial advice and banking solutions that exceed expectations and enhance their lives. Official LinkedIn page of NIH Federal Credit Union. Equal Housing Lender. Federally insured by NCUA. To view our community guidelines please visit our website.