What are the responsibilities and job description for the Business Lender position at Quantum Credit Union?
Job Posting / Announcement
Position: Business Lender
Classified: Fulltime
Reports to: Jacob Burrow – Vice President
Date Posted: January 2, 2025
Posting Deadline: January 2, 2025
PRIMARY FUNCTION
We are seeking a highly skilled and experienced Business Lender to join our lending team. As a Business Lender, you will play a pivotal role in program enhancement and building relationships to expand and enhance our Business/Commercial lending program. Your expertise in business portfolio processing or mortgage loan processing will be valuable as you manage a diverse portfolio of lending products and lead strategic initiatives.
Job Duties:
- Oversee our business lending program, identifying opportunities for growth and expansion.
- Build and maintain relationships with business clients, industry professionals, and community organizations to promote our lending program and attract potential borrowers.
- Evaluate loan applications from business clients, conduct comprehensive credit assessments and financial analysis.
- Collaborate with internal stakeholders to gather and analyze information for loan decision-making.
- Prepare loan proposals and present recommendations to management or credit committee for approval.
- Manage a portfolio of business loans, monitoring performance, and proactively identifying potential risks or issues.
- Stay updated on industry trends, regulations, and market conditions affecting business lending, ensuring compliance with all applicable laws and policies.
- Provide exceptional customer service by responding to inquiries, resolving issues, and maintaining strong relationships with clients.
- Monitor and evaluate the effectiveness of the lending program, recommending improvements and implementing strategic initiatives to drive program success.
Requirements:
- Bachelor's degree in finance, economics, business administration, or a related field.
- Minimum of 5 years of experience as a Business Portfolio Processor or Mortgage Loan Processor.
- In-depth knowledge of commercial lending practices, credit analysis, and risk management principles. Strong financial analysis skills, with the ability to interpret financial statements and evaluate business performance.
- Familiarity with underwriting guidelines, loan documentation, and compliance requirements.
- Excellent communication and interpersonal skills to effectively interact with clients, internal stakeholders, and external partners.
- Detail-oriented with strong organizational and multitasking abilities.
If you are a highly motivated and results-oriented professional with a strong background in business lending and loan processing, along with experience in program development, team management, and building relationships, we encourage you to apply for the Business Lender position. Join our dynamic team and contribute to the growth and success of our organization and the businesses we serve.
Job Type: Full-time
Pay: $55,000.00 - $75,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
Work Location: In person
Salary : $55,000 - $75,000