Commercial Business Development Officer
Job Description
Title: Commercial Business Development Officer Reports to: Business Services and SBA Lending Manager Status: Exempt Objective The Commercial Business Development Officer is responsible for actively developing business contacts within the community and providing business banking solutions with loan, deposit, and ancillary products to meet or exceed budgeted goals. This role involves receiving, reviewing, evaluating, and pre-qualifying business loan requests, managing member and potential member needs through a holistic relationship management approach, and presenting KEMBA’s products and services as solutions. Duties and Responsibilities
Assumes responsibility for the effective and professional completion of assigned business loan functions: Interviews, takes applications, and processes preliminary documentation on business loan requests. Analyzes and evaluates loan requests and prepares written submissions for consideration by the Business Loan Committee or underwriter. Assists in the review of construction loan advances on commercial properties, as needed. Conducts property inspections as assigned and annual site visits. Follows up and collects updated documents needed to renew matured loans. Assists in the collection of delinquent accounts as required. Completes lending functions in accordance with established Credit Union policies and legal requirements. Works with businesses to establish and grow deposit relationships. Offers business credit cards and merchant card services to all eligible business members. Works within a Market Area Team toward meeting multiple-product goals.
Assumes responsibility for establishing and maintaining effective business relations: Answers questions and resolves requests. Keeps borrowers informed of Credit Union loan policies and services. Meets with applicants whose loans are denied and explains reasons and alternatives, as needed. Maintains and projects the Credit Union’s professional reputation. Cultivates Credit Union presence in the community by representing the Credit Union at business group meetings, Chambers of Commerce, and networking groups.
Assumes responsibility for establishing and maintaining effective communication and coordination: Coordinates functions with related departments and branches and provides support as needed. Assists Business Development personnel and provides support with Select Employee Groups (SEGs) as needed. Keeps management informed of area activities and significant problems. Attends and participates in meetings and committees as required. Completes required reports and records.
Assumes responsibility for related duties as required or assigned: Cross-sells Credit Union services. Stays informed regarding changes in lending standards and related legal requirements. Completes special projects as assigned.
Assists in the development of new products/services. Assists in the development of new and less experienced Commercial Business Officers. Develops an understanding of Credit Union history, philosophy, organization, policies, and operational procedures. Continues to improve individual competency through training and certification on established educational programs.
Required Qualifications
Undergraduate degree in Business or a related field, or equivalent combination of training and work experience. Understanding of financial analysis and determination of creditworthiness. 2+ years of business banking or commercial lending experience. Excellent communication and public relations skills. Strong analytical abilities.
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 the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of the job, the employee is regularly required to sit; use hands to manipulate, handle, or feel; and talk or hear. The employee is frequently required to reach with hands and arms and is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus. #J-18808-Ljbffr