VP, Commercial Loan Officer

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Viera, FL, US

2 days ago Requisition

The primary purpose of this position is to help Community Credit Union of Florida fulfill its Mission: “Always improve the financial well-being of our members and make a positive difference in the communities we serve.”The VP, Commercial Loan Officer develops and services commercial relationships, originates loans, and grows the Credit Union’s commercial loan and deposit portfolios. This position evaluates credit risk, recommends appropriate loan structures and terms, and ensures that loan documentation is complete and accurate.

The incumbent complies with internal policies and procedures and all applicable state and federal regulations, achieves established individual and departmental goals, and conducts lending activities in the best interests of members and the Credit Union.

Community Credit Union of Florida is an Equal Opportunity Employer and supports a drug-free workplace.

ESSENTIAL DUTIES

1)
Meets or exceeds assigned production and activity goals. Engages in business development activities and is responsible for growing the Commercial Loan and Deposit portfolio through increased market penetration with a concentration in commercial real estate lending. Proactively develops and deepens relationships with centers of influence, including business owners, investors, developers, brokers, and other area professionals.

2)
Develops strategies to expand existing markets and enter new markets. Tracks and analyzes economic and competitive trends, recommends appropriate actions to senior leadership, and adopts effective business development and marketing strategies to advance the Credit Union’s interests and increase portfolio balances.

3)
Researches and evaluates the feasibility of new lending products and recommends enhancements. Develops and implements plans to expand commercial lending programs, monitors industry developments and lending trends, and recommends actions that strengthen competitiveness.

4)
Analyzes and interprets financial statements, tax returns, project budgets, appraisals, environmental studies, and other relevant documentation to identify, assess, quantify, and control lending risk. Recommends appropriate loan structures and terms and applies consistent decision-making practices to inquiries, approvals, and requests in accordance with established policies, procedures, and regulations.

5)
Periodically assesses financial statements, tax returns, and other relevant documents pertaining to existing loans and may recommend risk rating adjustments as defined by policies and procedures. The incumbent completes an annual site visit of each commercial property to cultivate an ongoing relationship and assist in the risk rating determination.

6)
Maintains a thorough knowledge of credit union membership/loan policy, dividend rates, interest rates, and required document disclosures and ensures audit compliance, procedural quality control, and recommends and initiates corrective actions.

7)
Contributes to the Credit Union’s overall financial health by implementing cost controls, applying appropriate rates and fees, and monitoring expenses against budget. Collaborates with team members to deliver high-quality member service.

8)
Maintains ongoing communication with the immediate supervisor and others directly related, informing them of all pertinent problems, irregularities, new developments, changes, and other important information that could potentially impact the Credit Union’s interests.

9)
Represents CCU in community, business, and service organizations to enhance…