The Small Business Loan Officer will be responsible for the structure, growth and soundness of the credit union’s loan portfolio with a particular focus on small business lending. The Small Business Loan Officer will be responsible for loan origination, quality control, underwriting, loan closing, processing, servicing and reporting.
Assists in marketing loan products and originating small business loans.
Develops and strengthens the credit union’s local networks with Chambers of Commerce, small businesses, and community stakeholders.
Reviews new regulations related to lending and makes recommendations to senior management as appropriate.
Assists with the development or introduction of new products as applicable.
Acts as member point of contact for small business loans, and works with member through entire loan process from gathering documentation to loan closing.
Makes recommendations and changes to reduce credit union’s delinquency and charge off rates.
Ensures asset quality of overall portfolio is maintained.
Assist with quarterly portfolio review reports for Loan Committee and Board of Directors; develops analysis and provides recommendations for adjustments to the Loan Loss Reserve account.
Bachelor’s degree in finance or business or demonstrated relevant experience is required;
Minimum of one year of underwriting experience with small business loans.
Previous experience in community development or work with low-income communities strongly preferred.
Strong presentation skills and written and verbal communication skills.
Demonstrated success in building and maintaining customer relationships.
In depth knowledge of loan structuring, underwriting, regulations, and credit resolutions.
Demonstrated ability to work well within teams as well as independently.
North Side Community Federal Credit Union was founded in 1974. At this time, residents in Uptown were having trouble accessing loans for home ownership because of a practice called redlining. A group of seven committed women believed people should have equal access to capital, and wanted to provide an alternative and solution. Out of that solution, North Side Community Federal Credit Union was formed.