Commercial Business Officer III
Bellco Credit Union - Greenwood Village, CO

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Responsible for the business development and growth of the credit union’s commercial real estate loan portfolio. The Commercial Business Officer III will typically originate and close loans in the $5MM - $ 10MM range. Responsible for delivery of the credit union’s WOW service initiatives.

ORGANIZATIONAL RELATIONSHIPS: Reports to: Director of Business Services

Supervises: None

Contacts: Bellco Business Services members, Bellco prospects, branch employees, lending division employees, credit union corporate office employees, member services employees, CUSO employees and underwriters, credit union examiners, in person, by telephone or by electronic or written correspondence.

QUALIFICATIONS/REQUIREMENTS: Education: Four year college degree or equivalent relevant experience.

Experience: Minimum of seven years with a financial institution or equivalent during which the following experience would have been obtained:

In depth Knowledge of multiple commercial real estate loan types

Business Development of Commercial Real Estate Members and Prospects

Commercial Real Estate basic Loan Underwriting

Analyzing Financial Statements and Tax returns

Working knowledge of commercial deposit products

Skills: Demonstrated ability to negotiate pricing and fees on a per loan basis

Demonstrated ability to deliver loan presentations to loan committees

Demonstrated ability to create commercial loan write-ups

Strong commercial lending underwriting skills

Strong Sales and interpersonal skills

Demonstrated ability to analyze tax returns and personal and business financial statements

Strong ability to create and maintain a large pipeline of commercial loan applications

Ability to successful manage multiple tasks and priorities

Strong Team Player and Member

General knowledge of accounting principles and internal control procedures

Strong writing skills

Strong communications skills

Physical ability to travel

General computer knowledge and facility

Equipment: Phone, computer, monitor and keyboard, fax machine, copier

ESSENTIAL FUNCTIONS:
  • Demonstrate Bellco’s WOW behaviors in all interactions with members, prospective members, personnel in other departments and CUSO partners.
  • Make outside sales calls
  • Originate commercial real estate loans typically in the $5MM - $10MM range.
  • Work cooperatively with underwriters on commercial real estate loans.
  • Write up final analysis and recommendations for loan presentations
  • Continually monitor market conditions and competitor offerings to assist with marketing strategies
  • Collect annually required financial documentation for each assigned loan including tax returns, financial statements and insurance policies.
  • Maintain thorough knowledge of all lending regulations.
  • Standards of performance and accountability: Achieve or exceed annual production goals for closed commercial real estate loans and origination fees collected. Adhere to all Bellco policies and procedures. Provide necessary information for regulatory and compliance reports.
  • Regular and punctual attendance.
Management retains the discretion to add to or change the duties of the position at any time

WORKING CONDITIONS: Travel to branches, members, potential members and site inspection visits will be necessary. Bellco requires all employees who drive their personal or a company vehicle in the routine performance of their jobs have a valid Driver’s license. They must also provide proof of valid insurance.

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