Commercial Loan Participation Manager
Apple Valley, OH - USA
Job Summary
Responsible for developing strategic direction and implementation of commercial loan participation purchases and sales as part of Wings overall Commercial growth strategy. Focus on creation and awareness of commercial loan participation opportunities. Fundamental to the position is the identification development & maintenance of counterparty relationships with credit unions banks and other financial institutions.
Essential Functions
- Identify & develop network of direct relationships with credit unions banks & other fixed income investors
- Build out and maintain participation program with staff and system needs to support growth of the portfolio.
- Source and originate commercial loans that may be sold to other financial institutions
- Ability to quickly assess commercial participation purchase opportunities for acceptable credit quality standards; Arrange and conduct site visits; Review and analyze risk
- Design and negotiate terms and conditions of loan purchase and sale transactions for the benefit of Wings Financial
- Partner with commercial analyst team for credit review presentation preparation.
- Present credit presentations to obtain Wings Business Loan Review Committee approval of loan requests modifications and renewals
- Collaborate with internal and external legal counsel to negotiate agreements needed to conduct transactions and manage partnerships
- In conjunction with Credit Risk team clarify and recommend enhancements to policies standards & procedures to ensure efficient & effective governance & operational controls
- Develop and maintain working relationships with team members in Commercial Lending and operations as well as throughout Wings.
- Develop and manage reporting on commercial participation loans purchased and sold
- Bank Secrecy Act: Remains cognizant of and adheres to Wings policies and procedures and regulations pertaining to the Bank Secrecy Act.
Qualifications :
Minimum Formal Qualifications for this Position:
- Bachelors Degree or equivalent work experience as demonstrated by increased levels of accountability knowledge.
- 5 years of commercial lending experience demonstrated experience in originating and/or managing participation lending.Â
- Syndication lending experience is preferred to support future department growth.Â
- Bondable.
Technical or Specialized Knowledge/Skills:
- Proficient in the use of personal computer and software including Microsoft Word Excel PowerPoint Internet Browsers and Outlook.
- Maintains current knowledge of Federal and State laws and regulations as well as industry best practices including BSA AML Patriot Act CIP and OFAC regulations and guidelines.
- Working knowledge of Cash Management and Commercial Deposit Account services and products.
- Desire ability and experience in working with people in a professional setting as demonstrated by a positive enthusiastic attitude exceptional interpersonal skills professional business appearance and previous work experience.
- communication skills.
- Strong organizational skills and attention to detail.
- Excellent oral and written communication skills; comfortable working with people at all organizational levels; able to develop and maintain good working relationships with all levels of organizational staff.
- Member Focused: Proven ability to build strong customer/member relationships and delivering customer/member-centric solutions.
- Collaboration: Known for building partnerships and working collaboratively with others to meet shared objectives.
- Action Oriented: Proven track record of taking on new opportunities and tough challenges with a sense of urgency high energy and enthusiasm.
- Situational Adaptability: Ability to adapt approach and demeanor in real time to match the shifting demands of different situations.
Additional Information :
PAY RANGE:Â $135-158k (S18) plus 15% annual target bonus.
Final compensation for this position will be determined by various factors such as relevant work experience specific skills and competencies education certifications location and internal pay equity.
BENEFITS:
- Generous 401(k) match
- 401k Discretionary Profit Sharing
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short Term and Long Term Disability
- Health Savings Account with company contribution
- Employee Assistance Program
- Paid Vacation Sick Floating Holidays and Volunteer Time Off
- Paid Holidays
- Tuition Reimbursement
- Paid Parental Leave
We anticipate this position to close on 06/22/2026. Please submit your application at your earliest convenience to be considered.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
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Remote Work :
No
Employment Type :
Full-time
About Company
Ent Credit Union exists to improve the financial quality of life of the people we serve. This mission drives us every day, but we are more than our mission. We're also individuals using our unique abilities to make our organization, and the communities we serve, better than they were ... View more