Commercial Loan Off II

Job description

Responsible for receiving, reviewing, and evaluating commercial loan requests. Meets with applicants to explain credit policies and to obtain loan information and documentation. Monitors and reviews construction and development loans. Maintains repossessed properties and assists in collections' activities. Serves borrowers and prospective borrowers promptly and professionally. Provides general Credit Union information and cross-sells services. Assists Commercial Department personnel as needed. ESSENTIAL FUNCTIONS AND BASIC DUTIES: 1. Assumes responsibility for the effective and professional completion of assigned business loan functions. a. Interviews, takes applications, and processes preliminary documentation on business loan requests. Discusses loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members. b. Analyzes and evaluates loan requests and prepares written submission for consideration by the Commercial Loan Committee. Identifies problems or potential problems with credit information and coordinates with the necessary party to resolve the problems. c. Assists in review of construction loan advanc...