What are the responsibilities and job description for the Aircraft Business Development Officer position at Lake Michigan Credit Union?
Job Title: Aircraft Business Development Officer
Employee Status: exempt
Estimated Hours/Week: 38
Hybrid
What You’ll Get: (note varied offerings based on role and hours)
- Weekly Pay
- Comprehensive Health & Wellness package including Medical (with prescription coverage), Dental, and vision
- Matching Health Savings Account Contributions, Dependent Care flexible spending account (FSA)
- Retirement options like 401 (k) with company match and pension.
- Paid time off: Vacation, Personal days, paid holidays, paid volunteer time, sick days, & flex time.
- Tuition reimbursement
- To see a full list of our benefit offerings – check out thishelpful guide!
About this position:
The Aircraft Business Development Officer reviews any direct or indirect loan requests to determine strength to move forward in the underwriting process. Communicates with customer and brokers to obtain necessary documentation for credit review and submits complete loan requests to aircraft underwriting for review. Provides feedback to customers and/or brokers regarding credit questions/decisions and gathers closing details for a smooth transfer to loan doc prep and closing.
What you’ll do:
- Calls on potential and/or existing members to develop new loan business and increase/retain relationships with current members. Analyze any new direct loan requests and prepares and coordinates loan closings, ensuring all documents are properly prepared and executed. Communicates with members and brokers to obtain necessary documentation for credit review.
- Develops and strengthens the loan referral network, using leads to achieve loan goals. Explores and pursues new markets for aircraft loans.
- Approves all closing details for a smooth transfer to loan doc prep and closing. Facilitates and maintains the aircraft loan closing process working directly with customers, brokers, escrow, sellers and the lender to complete loan closing.
- Provides appropriate customer service support and direction to all parties associated with the loan closing and serves as main point of contact throughout the aircraft loan closing process. Lock and sync systems post-closing/booking to archive all closing materials and information according to the requirements of the Aviation Loan Operations Department.
- Responsible to obtain any necessary (wires) for funding. Works in conjunction with the Aviation Loan Operations Department to provide necessary booking information and maintain current customer files according to regulations and requirements both on a federal and bank level.
- Provides support for loan documentation preparation as needed.
What You’ll Bring:
- Bachelor's degree in business, communications, marketing or a related field.
- Three years to five years of similar or related experience preferred.
- Courtesy and tact are essential elements of the job. Work involves personal contact with customers and others inside and outside the organization, generally regarding fairly routine matters for the purposes of giving and obtaining information or instructions, updating or referring. Communications generally require shorter and not in-depth discussions.
- Relationship management and sales and negotiation skills.
- Creativity, organization and strong written and verbal communication skills.
- Analytical and decision-making skills.
- Ability to develop lasting professional relationships with clients.
Who We Are:
- We’re proud of our past, thrilled with our present, and couldn’t be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.
- As a credit union, LMCU is a not for profit institution, owned by its members, instead of corporate stock holders. We are accountable directly to our members, and they directly share in our success – benefitting by lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.
- It’s about always doing what’s best and right for our members - it guides everything we do.
- From friendly, knowledgeable and professional employees who greet you by name, to offering stellar value at every turn, LMCU works for its members.
- Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day. As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members’ lifetime financial needs.
- You’ll be encouraged to innovate and excel and we're committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.
Have additional questions about the role?
You may email us at:
Careers@lmcu.org
.
If you lack access to the internet or internet connectivity, or have a disability that hinders your ability to apply online, please choose one of the following options to obtain assistance:
Call us at: (616) 242-9790
Mail your resume to: 5664 Prairie Creek Drive, Caledonia, MI 49316
Please Note: These options are reserved for use by individuals requesting an accommodation as a candidate. Information received via these options will be routed to our HR team, who will provide appropriate assistance to facilitate the completion of LMCU’s online application.
LMCU is an Equal Opportunity Employer
LMCU is an Equal Opportunity Employer
