Commercial Loan Specialist

Our Company

At Raiz FCU, we share a passion for knowledge and a pursuit of growth. Grounded in our El Paso heritage as previously Teachers Federal Credit Union, since 1936 we are growing to help our community move into the future. We are inspired people, invested in you. At Raiz, we guide our members to focus on what could be and help them get there. This new path inspires us to look ahead and the lead the way with passion.

Job Overview

This position reports to the Commercial Credit Administration Manager. This role requires someone with a high level of analytical and organizational skills, a thorough understanding of commercial lending programs, policies, guidelines and procedures to include excellent communication abilities.

You will be an empowering mentor that will be:

• A trusted expert
• A natural communicator
• A champion for our members and the community
• A guide through the moments that matter the most to our members

Position Details:

Hourly- Full-Time

Hours: Monday-Friday, occasional Saturdays

Pay Range:

$20.78-$31.17

Skills and Experience

• Education two-year college degree in a related field
• Five to eight years of commercial lending experience; loan servicing experience preferred
• Previous credit union experience is a plus
• Demonstrated leadership and interpersonal abilities
• Understanding of financial industry concepts, related laws, and regulations
• Must have good communication and interpersonal skills
• Critical thinking and problem-solving skills
• Detail-oriented, and ability to multi-task
• Proficient in Microsoft Office and web-based applications

Role Description and Essential Duties

• Responsible for processing and servicing of loan requests from application through maturity/payoff, loan file set-up, monitoring and tracking of loan covenants and credit file review to ensure loan file is well documented and within existing policies/guidelines/procedures to ensure compliance.
• Role will provide loan origination support through the preparation/review of financial credit analysis, assisting with the preparation/review of loan presentations, loan document review, closing/funding of business loans and assisting with data gathering and report preparation.
• Responsibilities will include training members and team members as it relates to business loan processing and servicing, addressing internal/external inquiries and resolving or providing solutions.
• Responsible for assisting with member interaction and transactions. Provides guidance and answers questions related to credit union and department related services. Supports cross-selling efforts and solves problems.
• Knowledgeable expert who is educated on all services provided. Attends required training and demonstrates a willingness to keep learning.
• Acting as an empowering mentor to provide guidance to our members/team members and building trust. Demonstrate the ability to give sound advice considering our members best interests.
• A natural communicator whose work involves much personal contact with others inside and outside the organization for the purpose of first level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication. Motivating, influencing, and/or training team members.
• Responsibilities may require analysis of data and weighing the outcomes of a decision. Role may require the solving of complex problems delivering solutions where past precedent may not exist. Proactive thinking, innovation and evaluation are major components of the role.
• Responsibilities will directly influence credit union/department budgetary goals as it pertains to accuracy of loan closings and successful servicing to include monitoring delinquency and loan covenant monitoring.
• Limited supervision and inspection of work. Role is expected to function independently with consultative direction from supervisor. Errors may be difficult to detect and may require supervisor guidance to resolve. Errors can result in a significant loss of time, financial impact and could affect organizational results. Responsible for assisting with identification and resolution of problems and/or errors.
• Complies with all Bank Secrecy Act (BSA) rules and regulations, in addition to Customer Identification Program (CIP). Attends required annual BSA training and required compliance training.
• Assists with other duties as assigned or identified.