VP - Commercial Loan Officer

Overview

Life at Amplify As a growing, tech-focused credit union, Amplify Credit Union delivers value to our members through our products and impact to our community through our profits. That unique intersection is one reason we’ve been named a Top Workplace by the Austin American-Statesman six years in a row. We’re also proud to say that we’re the only full-service financial institution that doesn’t have deposit fees of any kind.

We’re looking for teammates who are inspired by our mission and ready to grow their careers. As they do, our employees can expect Amplify to uphold our commitments to culture, community, inclusion, and more.

Position Summary Establishes relationships with businesses in Amplify’s service area for the purpose of making commercial loans. Originates member business loans while consistently offering outstanding member service.

• Calls on existing and potential business members to develop new business and increase or retain existing business
• Participates in business development activities that promote the increase of commercial loans and deposits for the Credit Union
• Meets or exceeds individual loan goals and objectives as established by VP of Commercial Lending
• Maintains and develops a pipeline of prospective clients and commercial loan/line requests
• Manages relationships to achieve production goals and enhance service experience through member contact, association and community participation
• Manages a portfolio of relationships to ensure product alignment, cross-sell opportunities, and maintain the safety and soundness of the portfolio.
• Maintains relationships with third-party vendors on existing and/or new products and services for the business services area
• Accurately processes commercial loan requests in a timely manner, communicating regularly with the client
• Reviews commercial loans for compliance and utilizes the risk analysis process to monitor and evaluate loans being submitted for review and/or approval
• Supports periodic credit reviews of member commercial loans to assess the overall financial condition and member’s ability to re-pay the loan
• Maintains up-to-date credit files including current financial information deemed necessary and in accordance with the loan agreement
• Originates a wide variety of commercial loans and lines of credit with the purpose of growing Amplify’s commercial loan portfolio, while emphasizing prudent lending practices, loan quality, and member service
• Interviews applicants to determine whether a loan may be an acceptable risk by gathering information about their business and its needs, challenges, trends, plans, and financials
• Analyzes applicant financial status, credit, and collateral to determine feasibility of granting loan and submits application to credit analyst for verification and recommendation
• Follows current loan guidelines and policies to ensure complete compliance with NCUA and Texas regulations.
• Offers financial advice and counsel to business customers and prospective members
• Performs post-closing activity including scheduled and unscheduled site visits and collateral inspections
• Assists and advises Account Resolutions with collection of business loans
• Studies and understands the national, regional and local economy along with industry performance in order to have a clear understanding of financial situations relating to new or existing businesses
• Actively promotes Amplify’s products and services by cross-selling to existing and prospective clients
• Maintains ongoing communication with the VP of Commercial Lending, informing him/her of all pertinent problems, irregularities, new developments, changes, and other important information within area of responsibility; attends meetings as scheduled and as directed
• Upholds credit union policies and procedures and champions organizational culture both internally and externally

This job has no supervisory responsibilities.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable…