Commercial Loan Manager

Texoma Community Credit Union is currently seeking a motivated Commercial Loan Manager to join our team at our Downtown Branch. Whether you’re a seasoned professional or someone with a strong foundation in lending, looking to take the next step in your career, this position offers an exciting opportunity to grow and make an impact.

As a Commercial Loan Manager, you will be responsible for originating, managing, and supervising a portfolio of commercial loans. Your goal will be to maintain and improve asset quality while cultivating strong business relationships in our community. You will serve as a key ambassador for TCCU, promoting our products and services through outreach, business development, and civic involvement.

Your day-to-day responsibilities will include developing lending and deposit business by building new relationships and expanding existing ones. You will interview applicants, analyze financial statements and tax documents, and make sound underwriting decisions. You will determine loan structure, terms, and pricing, and either approve loans within your authority or refer them to the Member Business Loan Committee. Additionally, you will ensure that all loan agreements are accurate and in accordance with credit union policy.

Ongoing portfolio management is essential in this role. You will monitor the health of existing loans, conduct annual reviews, identify risk areas, and document any exceptions or concerns. You will also play a key role in maintaining the Member Business Lending Policy, contributing to updates, and ensuring compliance. Support with loan collections, minimizing past dues, and helping to prevent charge-offs are also important aspects of the position.

The ideal candidate will have two to five years of experience in commercial lending or related products, with a solid understanding of business lending procedures and strong skills in cash flow analysis. You should be flexible, professional, and capable of influencing senior personnel, external business partners, and colleagues with credibility and trust.

At Texoma Community Credit Union, we pride ourselves on creating a supportive and values-driven work environment. This is an excellent opportunity to grow your career while making a positive impact on the financial well-being of our members and the local business community.

If you’re ready to take the next step in your commercial lending career, we encourage you to apply today. TCCU is an Equal Opportunity Employer.

MORE INFORMATION:

Date: April 2025

Job Title: Commercial Loan Manager

Location: Downtown Branch

Hours: Available 7:30 AM – 6:00 PM Mon-Fri (occasional late meetings)

Salary: Dependent upon experience

FLSA Status: Exempt – Salary

Reports To: Chief Lending Officer

PURPOSE

Originates, manages and supervises a portfolio of commercial loans, with the overall objective of maintaining and increasing the asset quality by developing new and existing business relationships. Maintains a good outside working relationship/image with community business owners and promotes TCCU’s products and services.

REQUIREMENTS

A minimum of two to five years of experience in commercial lending or commercial products; The ability to motivate senior personnel on matters relating to the Commercial Lending industry, requiring a significant level or expertise, credibility, influence, and trust; Flexible and professional when dealing with staff, management, and external business partners. Must have a thorough knowledge of Business Lending’s policies and procedures. Cash flow analysis experience required.

DUTIES and RESPONSIBILITIES include but are not limited to:

1. Participates in developing lending and deposit business. Calls on clients to expand existing business, calls on prospects seeking opportunities to expand the credit union’s client base. Actively engages in business development and civic initiatives with contact throughout the community.

2. Interview loan applicants, gather required documents to fully underwrite and document credit requests. Reviews customer financial condition and assess the members’ ability to re-pay the loan. Makes underwriting decisions within approval authority or makes recommendations to management/Member Business Loan Committee. Completes or directs completion of all loan documents and closes loan.

3. Determines the structure of the loan, including pricing, terms and duration in accordance with the member relationship and credit union policies.

4. Approves loan within established limits or refers loan to the Member Business Loan Committee. Verifies loan agreements are complete and accurate according to policy.

5. Reviews and monitors existing loan portfolio to maintain a high-quality asset base. Maintains up-to-date client files including current balance sheets, profit and loss statements, cash flow projections and all loan documentation.

6. Analyze business financial statements and income tax statements to determine financial standing annually. Responsible for ongoing portfolio management or relationships including identification and documentation of problem loans, policy exceptions, grade changes, annual reviews, watchlist reviews and/or special reviews that may be required.

7. Will review and make recommendations for the Member Business Lending Policy annually.

8. Collection of past due loans. Maintains quality to minimize exception and to prevent past dues and charge offs.

9. Must comply with all credit union policies and procedures, applicable laws and regulations, including but not limited to the Bank Secretary Act, US Patriot Act and the Office of Foreign Asset Control.

10. Answer incoming calls as needed by being logged into the call group.

11. Attend all mandatory staff and department meetings as scheduled.

12. Other duties may be assigned.

ADA Requirements:

Physical Requirements: Perform primarily sedentary work with limited physical exertion and occasional lifting. Must be capable of climbing/descending stairs in an emergency. Must be able to operate routine office equipment including telephone, copier, and calculator. Must be able to routinely perform work on a computer for an average of 6-8 hours per day. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable, and timely attendance.

Working Conditions: Must be able to perform work indoors in a climate-controlled shared work area with moderate noise. Occasional outside work may be required.

Mental and/or Emotional Requirements: Must be able to perform job functions independently and work effectively both on their own and as part of a team. Must be able to plan and direct the work activities of self and others. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of member service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines/requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising the highest level of discretion on both internal and external confidential matters.

Nothing in this position description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not a contract and should not be construed as a guarantee of employment for any specific period of time.

Texoma Community Credit Union is an Equal Opportunity Employer and does not discriminate against employees or applicants based on race, color, religion, sex/gender, national origin, disability, age, or any other category protected by law.