JOB REQUIREMENTS: Position Summary: Solicitation, analysis and
coordination of approving or denying credit to members. Also provide
members with products or services that are associated with their lending
needs. These are done in accordance with Westby Co-op Credit Union
procedures and lending limitations. Principal Duties and
Responsibilities: The Business Loan Officer position is made up of three
different levels, Business Loan Officer 1, 2 and 3. Each level
represents a loan officer with varying levels of lending knowledge,
experience, production capabilities, portfolio management, relationship
building and underwriting skills. A description of the levels are as
follows: Business Loan Officer 1 Entry level position with a focus on
basic tasks and support, with close supervision and training. Business
Loan Officer 2 Mid level position that involves a greater range of
responsibilities with more independence and sound judgment. Business
Loan Officer 3 Advanced level position that involves high level
experience and expertise with very little to no supervision required.
All Business Loan Officers are responsible for the below tasks. Meet and
interview with existing and potential borrowers to understand their
financial needs. Gather financial and credit related information to
determine if the borrower qualifies for financing. Must be able to
negotiate and structure loans to meet the borrower's needs and adhere
to loan regulations. Have a strong understanding of financial statements
and credit ratios to determine the strength of the borrower. Develop and
maintain a commercial loan portfolio through strong relationships
skills. Must understand loan documents and be able to communicate the
legality of the contract to the member. Make onsite visits to the
borrower's place of business to better understand the business and
build the relationship. Demonstrates a helpful, polite, friendly
attitude along with providing exceptional member service. Responsible
for following up on delinquent loan accounts, insurance needs and other
issues that may arise. Maintains orderly files on each account with
complete and accurate detailing of all correspondence. Keeps abreast of
changes in consumer, commercial, business, and agricultural lending
trends as they apply. Other job-related duties as may be necessary to
carry out the responsibilities of this position. Work Relationships and
Scope: Reports directly to the Business Lending Manager. Will have
regular contact with members and employees of the Lending Department.
Performance Dimensions: Must maintain the integrity of confidential
business information and follow all guidelines on confidentiality.
Provide outstanding services to co-workers & members. Possess the
ability to attend to numerous details with frequent interruptions under
the stress of maintaining courteous, effective, and timely relations
with a variety of individuals and personalities. Promotes quality,
accuracy, timeliness, reliability, and thoroughness of work performed.
Is punctual, flexible, reliable, and demonstrates a friendly and helpful
attitude. Possess ability to gain the trust and respect of members,
management, and employees. Also maintains a positive, professional,
team-oriented working relationship with staff and outside vendors.
Enhance job growth through continuing education, as required or
necessary. * OTHER EXPERIENCE AND QUALIFICATIONS:
Education/Experience: Three years of experience in a lending department.
Experience in interviewing preferred. Professional sales experience
beneficial. Knowledge of the consumer, commercial, agricultural loan
policies, credit granting criteria, interest rates and how they are
computed, and required documentation for each type of loan needed.
Knowledge of interviewing skills and techniques required. Skills and
Abilities: Comprehend consequences of various situations and refer them
to the appropriate staff for resolu ion. Manage personal workflow and
meet deadlines by being organized, detailed, and task oriented. Ability
to perform basic mathematical calculations. Ability to work with a wide
range of personalities in a courteous, effective, and efficient manner.
Knowledge and ability to apply current financial service industry
standards, laws, and regulations. Ability to present ideas, report facts
and other information clearly and concisely. Proficient knowledge of the
Microsoft Suite (Outlook, Word, Excel, PowerPoint). Proficient operation
of a variety of general office equipment such as a computer, software
applications, typewriter, calculator, telephone, copy machine, fax
machine and other similar devices or programs related to the position.
* APPLICATION INSTRUCTIONS: Apply Online:
https://recruiting.paylocity.com/recruiting/jobs/All/b9944418-e383-4000-853f-3d5b60a36394/Westby-Coop-Credit-Union