What are the responsibilities and job description for the Small Business Lender position at Service Credit Union?
Service Credit Union is seeking a Small Business Lender who will be responsible for the new business development and relationship management activities of the Credit Union’s Small Business Lending initiative. The overall objective of this role is to work with the Senior Manager – Commercial Lending to build a portfolio of small dollar, guaranteed Member Business Loans. This position will include involvement in many department initiatives, offering support in a variety of roles.
Pay: Salaried position starting at $62,700. Negotiable with experience.
Benefits Include:
- Great health and dental benefits starting day one!
- PTO, long-term disability, and eleven paid holidays.
- 401k with 8% company contribution after one year of employment.
- Paid leave policy after 12 consecutive months of employment.
- Free confidential mental health support program with Talkspace
- Free identify theft protection through IdentityForce.
- Tuition reimbursement.
- Training and career growth opportunities.
The Day to Day:
- Participate in new initiatives to expand the Small Business Lending portfolio.
- Track and manage the distribution of commercial loan referrals, including responding to requests in a timely manner.
- Process and underwrite small business loan requests utilizing manual or automated scoring system, following the Credit Union’s Member Business Loan Policies and Procedures, including understanding when a Small Business Administration or New Hampshire Business Finance Authority enhancement should be utilized.
- Work with Senior Manager to develop small business product offerings that support the Credit Union’s strategic goals
- Active involvement with the automated scoring initiative
- Provide quality support and maintain a professional relationship with peers, management and members through cooperation, mutual trust and respect.
- Perform other duties as required.
Experience and Qualifications:
- Bachelor’s degree in Business or related field preferred
- Advanced knowledge of principles of commercial lending
- Understanding of the Small Business Administration and New Hampshire Business Finance Authority loan programs
- Experience as a team member at a medium sized regional financial institution, including commercial accounts or other equivalent training
- Sales experience
- Ability to work well in a team setting, provide support for other colleagues in Commercial Banking and lead when called upon
- Provide management for Small Business Lending projects as needed
- Effective organizational and analytical skills
At Service Credit Union we celebrate our employees’ diverse backgrounds, ethnicities, gender identities, spiritual practices, abilities, and all the other traits that make us individuals. We follow the adage of treating others how we want to be treated while striving for understanding. Together, we create a unique credit union capable of serving our members’ needs with the same respect, empathy, and kindness we give each other.
Equal Opportunity Employer
Job Type: Full-time
Pay: From $62,700.00 per year
Benefits:
- Flexible spending account
- Health savings account
- Life insurance
- Tuition reimbursement
Work Location: Hybrid remote in Portsmouth, NH 03801
Salary : $62,700
