Vice President Commercial Lender Detroit, MI
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Job Location:
Caledonia, WI - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Job Title:Vice President Commercial Lender
Primary Location:Detroit MI
Employee Status: Full-time salary
Workplace Type:Fully On-Site
Who we are:
At LMCU youll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.
About this position:
The Vice President Commercial Lender is responsible for commercial loan production loan portfolio growth and the expansion of depository relationships with both existing and new members. This role focuses on relationship management delivery of financial solutions and support of members business objectives.
Key Responsibilities:
Relationships and Loan Portfolio Growth for Existing Customers
Build and maintain a strong pipeline of commercial lending opportunities to support portfolio growth.
Develop a thorough understanding of members businesses including their operations financial performance and strategic objectives.
Manage and deepen existing member relationships by identifying opportunities to cross-sell deposit products and other financial services.
Provide members with insights industry knowledge and market trends to support informed business decisions.
Loan Portfolio Management and Maintenance
Monitor the commercial loan portfolio to ensure strong credit quality including oversight of past-due credits non-performing loans loan servicing and the resolution of outstanding loan conditions.
Conduct regular member meetings on a quarterly to semi-annual basis to assess performance and identify new lending opportunities.
Loan Structuring Processing and Closing
Evaluate member loan requests and make preliminary assessments of creditworthiness and feasibility.
Gather and analyze required documentation including financial statements and project-related information.
Collaborate with the Credit team to obtain additional information or clarification needed for loan approval and closing.
Coordinate internal and external resources to ensure timely and efficient loan processing and execution of loan documents.
Ensure full compliance with all federal and state lending regulations LMCU policies and risk management standards.
What youll bring:
Bachelors degree in Business Finance Economics or related field.
Five years of experience in commercial lending with proven success in portfolio management and business development.
Thorough knowledge of commercial lending policy depository services credit union/banking operations.
Solid financial analysis capabilities and understanding of financial statements.
Excellent communication and interpersonal skills.
Active involvement in community and industry organizations preferred.
What youll get:
All Employees: weekly pay and retirement savings options.
Full Time Employees: comprehensive health coverage including medical (with prescription) dental vision HSA match paid parental leave and tuition reimbursement.
To see a full list of our benefit offerings check out this helpful guide!
Have additional questions about the role Email the Talent Acquisition Team at: .
If you lack access to the internet or require an accommodation in the application process please send your resume via mail to 5664 Prairie Creek Drive Caledonia MI 49316.
Required Experience:
Exec
Key Skills
- Change Management
- Financial Services
- Growing Experience
- Managed Care
- Management Experience
- Analysis Skills
- Senior Leadership
- Performance Management
- Process Management
- Leadership Experience
- negotiation
- Analytics
