What are the responsibilities and job description for the VP Commercial Lending position at Align Credit Union?
Job Description
Job Description
Role :
To originate, manage, and supervise the Credit Union's portfolio of commercial loans, with overall objective of maintaining and increasing its asset quality; to develop new and existing business relationships.
Essential Functions & Responsibilities :
Takes applications for commercial loan business. Reviews member financial condition and assesses the member's ability to re-pay the loan. Makes underwriting decisions within approval authority. Completes or directs completion of all loan documents and closes loans.
Participates in developing lending and deposit business for the Credit Union. Calls on clients to expand existing business; calls on prospects seeking opportunities to expand the credit union client base.
Monitors existing loan portfolio to maintain a high-quality asset base. Maintains up-to-date member files including current balance sheets, profit & loss statements, cash flow projections and all loan documentation.
Discuss member's needs, problems or complaints and arranges meetings between members or prospective members and representatives of various credit union functional areas. This may include assisting in collection of past due loans.
Maintains high Product knowledge by learning new seller techniques new products and Market Trends.
Assists members with any loan-related questions and concerns.
Conducts training sessions for all employees to enhance their awareness of the business development plan and services available to existing and potential members.
Assists in the development of promotional strategies to meet business development goals; develops promotional materials.
Represents the credit union at various functions to develop business relationships.
Strong knowledge of SBA lending required.
