The Commercial Banking Officer II analyzes the degree of risk involved in extending credit to firms or individuals. The duties consist of processing and analyzing financial statements, flood certs, tax returns, appraisals, environmental, and other related documents. This position will also manage and grow a portfolio of Member Business Loans. This growth will come from existing members and new borrowers from outside of the credit union. Additional requirements include working on special projects for MBL department, assist in mentoring junior lenders, attending marketing events and establishing centers of influence are required.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
May be required to develop participation relationships for credits originated by SFCU.
Develop new loans and deposits from existing portfolio by reviewing financials and asking for additional business
Self-source new loans and deposits from marketing and networking activities
Develop external referral sources and attend marketing events
Develop and service new secured and unsecured loans, and lines of credit
Assess potential borrowers for their ability to qualify for the loan request
Maintain regular contact with the borrowers and proactively provide products and services needed
Negotiate terms and conditions with existing members and prospects
Manage exceptions (Bring all documentation exceptions to date)
Manage assigned portfolio
Underwrite Commercial Loan Requests (New, Existing, extensions, Reviews, …)
Manage and facilitate the complete booking process. Ensure continuity in workflow process (underwriting, approval, add’l due diligence, documentation, funding, post funding, specials, circumstances)
Research market conditions and proper due diligence on all loan requests
Present deals to committee when necessary
Keep past dues and maturities to a minimum
Is responsible for compliance with all required regulations and polices, especially with all Bank Secrecy Act (BSA), NCUA Rules and Regulations, Office of Foreign Assets Control (OFAC) policies, Privacy Act, procedures and regulations.
Maintains a positive work atmosphere by acting and communicating in a manner so that the employee gets along with members, vendors, co-workers, and management.
This job has no supervisory responsibilities.
QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
Bachelor's degree (B. A.) from four-year college or university;
4-years commercial banking/underwriting experience
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
CERTIFICATES, LICENSES, REGISTRATIONS
Must have personal computer skills including familiarity with Microsoft Word, Excel, and Outlook.
PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to stand, walk, and talk or hear. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and ability to adjust focus.
WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
Revision Date: 2 Feb 2012