VP, Business Lending (Commercial Lender)

Job Overview

Here we GROW again!

In our Business Lending department, we go beyond just writing a loan; it’s about building lifelong valued relationships and constructing opportunities so our members can reach their business goals. As the VP Business Lending, you will successfully expand Dupaco’s presence in the Cedar Falls/Waterloo, IA community and surrounding area. You have a wealth of knowledge from years of experience with C&I lending and commercial real-estate lending and want to share your passion for helping people, businesses, and communities grow.

What You Will Do:

• Offer needs based financial products and services to new and existing business members while providing courteous, professional and knowledgeable service to increase member satisfaction and account usage
• Proactively establish and maintain connections within the communities we serve to continue building the commercial book of business within the credit union (via community events, networking, volunteering, social media, email, etc.)
• Interview loan applicants, collect and analyze financial data in order to evaluate the credit worthiness of the applicant and the merits of the specific loan request in order to make a recommendation to the Business Loan Committee
• Establish and negotiate, both consumer and business loans and inform member of the terms under which credit will be extended, including the costs, repayment schedule and collateral requirements
• Proactively build new business relationships and deepen existing relationships
• Manage the transaction processes from initial engagement through final close, including structure, pricing, internal approval / compliance processes and documentation
• Collect and analyze information which reflects the current credit worthiness of applicant. (Information may be obtained by direct inspection of the applicant's business and/or collateral, review of interim financial reports, personal interview, etc.)
• Monitor loan repayment activities and assisting in collecting past due accounts, as needed
• Serve as a resource for team questions and assist with training and development of co-workers as assigned
• Maintain thorough information on trends, laws, regulations and innovations in the Business Lending field and make recommendations accordingly
• Cooperate with Examining committee, State and Federal examiners, and others for auditing purposes, as needed
• Serve as a relationship manager and facilitating discussions with members on all matters related to other credit union services including deposit services, insurance needs, and financial planning support
• Grow and maintain a profitable book of business by successfully closing deals to meet or exceed individual and department revenue, contribution, fee income, loans and deposit goals

What You’ll Need:

• An established professional commercial lending presence in the Cedar Falls/Waterloo, IA area is required
• Bachelor’s Degree in Business, Finance or a related field
• Minimum of 7 years Business/Commercial lending experience with a thorough understanding of business financial analysis including the ability to analyze information to make sound lending decisions
• Knowledge of laws and regulations governing business lending, consumer lending and collection practices
• Exceptional communication skills with a proven ability to develop and grow relationships
• An entrepreneurial mind set with the ability to work remotely and independently
• Ability to travel frequently within about a 90 mile radius of Cedar Falls/Waterloo, IA. Occasional travel to Dubuque, IA for training and department meetings

If this is who you are, what you want, and what you can do…this is where you belong! Apply online today!