What are the responsibilities and job description for the Corporate Lending Executive position at Millbury Federal Credit?
About Our Team:
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Job Overview:
The Corporate Lending Executive will be responsible for originating high-quality member business loan opportunities within the credit union's field of membership and proactively managing an assigned commercial loan portfolio.
Key Responsibilities:
- Originates commercial loan opportunities within MCU's field of membership
- Interviews and assesses potential commercial borrowers and loan sponsors; compiles and organizes relevant information in support of member business loan requests
- Analyzes financial statements, credit history, business/industry profiles, and market trends to identify potential loan opportunities
- Prepares non-binding loan proposals and facilitates negotiation of loan structure with applicants, including fees, loan repayment options, and other credit terms
- Approves loans within specified limits or circulates loan requests to the Manager of MCUCS and the credit committee for approval
Requirements:
- 10 years or more as a business development officer, relationship manager, or commercial lender
- Strong understanding of fundamental commercial credit analysis concepts and the ability to thoughtfully analyze financial statements and tax returns
- Working knowledge of loan regulations
- Enthusiasm to learn and cross-sell products and services
- Proficient in Microsoft Office
