Job Information
Arkansas Federal Credit Union Senior Commercial Loan Officer III in Little Rock, Arkansas
This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4236181 Arkansas Federal Credit Union\ \ Senior Commercial Loan Officer III\ \ US-AR-Little Rock\ \ Job ID: 2024-3048\ Type: Regular Full-Time\ # of Openings: 1\ Category: Lending\ Little Rock Headquarters\ \ Overview\ \
Working at Arkansas Federal Credit Union
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GENERAL DESCRIPTION OF POSITION
One of the primary goals is to help develop a highly effective team of employees to their highest potential through coaching and leadership. Responsible for ensuring that outstanding service is delivered to both internal and external members. A key component of this position is to identify members\' financial needs and suggests appropriate Credit Union solutions while balancing the risk and reward of credit decisions while minimizing liability to the credit union and consequently, directly impacting the overall financial performance of the commercial loan portfolio.
\ \ Responsibilities\ \
ESSENTIAL DUTIES AND RESPONSIBILITIES
Identify potential opportunities for business lending opportunities utilizing market knowledge and regional centers of influence to achieve goals.
- Develop new business by contacting prospects.
{=html} <!-- --> 1. Maintain an active calling program to achieve goals and objectives.
{=html} <!-- --> 1. Develop existing business member relationships.
{=html} <!-- --> 1. Actively cross-sell credit union products.
{=html} <!-- --> 1. Interview loan applicants. Collect and analyze financial\'s, conduct site visits and review other supporting data determine creditworthiness of the applicant.
{=html} <!-- --> 1. Negotiate terms, pricing and loan structure in accordance with policy.
{=html} <!-- --> 1. Responsible for accuracy and completeness of the preliminary analysis of financial statements, tax returns, collateral appraisals, and other pertinent business information used to determine the creditworthiness of the applicants.
{=html} <!-- --> 1. Responsible for review of loan agreement, and proper lien documentation, filing, and perfection, to ensure the protection of the credit union\'s interest.
{=html} <!-- --> 1. Work closely with credit analysts to ensure timely and thorough review of the loan application.
{=html} <!-- --> 1. Review and decision loans within designated lending authority.
{=html} <!-- --> 1. Approve loans in accordance with policy and up to an amount set forth in policy.
{=html} <!-- --> 1. Prepare and present loan requests to Sr. Management and/or Loan Committees.
{=html} <!-- --> 1. Manage an existing loan portfolio.
{=html} <!-- --> 1. Monitor assigned portfolio and loan repayment activities. Proactively collect from past-due accounts.
{=html} <!-- --> 1. In conjunction with the Credit Analyst, responsible for annual review assigned portfolio.
{=html} <!-- --> 1. Manage collection and loan workout processes when necessary. Negotiate terms, costs, repayment schedule and collateral requirements.
Maintain contact and ensure continued good relations with business partners\ \
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\ \ Arkansas Federal Credit Union is an Equal Opportunity Employer and does not discriminate against any applicants for employment based on their race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, physical or mental disability, genetic information, veteran s tatus, uniformed service member status, or any other status protected by law.