Member Business Loan Portfolio Manager

Job Description

Job Description

Job Title : Member Business Loan Portfolio Manager

Department : Member Business Services

Reports To : Chief Commercial Officer

Job Summary : The MBL Portfolio Manager serves as an integral part of the business services team helping to onboard new business member relationships and providing ongoing monitoring of the business loan portfolio including assisting with renewals and annual reviews. The key responsibilities are helping to analyze financial statements, preparing credit presentations, and processing all required forms and related documentation.

Essential Duties and Responsibilities :

• Gather background information on members and prospective members applying for business loans by interviewing applicants.
• Assist members with the loan application process in person, on the phone, or electronically to ensure completeness of information.
• Pull credit reports for all accounts, verify debt, estimate monthly payments for any outstanding debts not listed, and add those debts to the application.
• Calculate debt service coverage ratios and debt-to-income ratios on loan applicants and calculate how much of a loan applicant's debt is secured or unsecured.
• Uses computer software to further evaluate members' financial situation and financial ratios.
• Assists in compiling information, completing loan presentations, and composing reports detailing the degree of risk involved in loan or credit requests; recommends approval or denial based on results.
• Assists in setting interest rate and minimum or maximum term of repayment for business members based on historical cash flow, collateral coverage, credit score, and personal financial resources.
• Determines the expected profitability of loans by analyzing a business's financial data including quality of management, income growth trends, and payment history.
• Identifies delinquent accounts through the review of individual and business member files including compiling & completing annual reviews.
• Ensure that sound analysis and lending procedures are followed by acting in compliance with Member Business Lending policy and regulations at all times.
• Oversee the preclosing process, which includes ensuring the timely receipt of appraisals, so that closing dates are met.
• Order title commitments and other related real estate due diligence including flood certification and environmental screens.
• Assist in the collection and organization of information necessary to complete the closing process, review organizational documents, and prepare Beneficial Ownership documents prior to opening membership accounts and loans
• Utilizing credit union software, produces the appropriate loan documentation as needed in compliance with the Credit Union's loan policy, applicable regulations, and with any other requirements designated by the credit approval document.
• Monitor documentation and exception reports as they pertain to new and existing accounts and ensure corrections are made or provide direction to staff tasked with making the corrections as needed to clear exceptions.
• Explain reasons for denial and explore options for members when business loans are denied.
• Responsible for collection activity of business accounts in conjunction with Collections Dept.
• Resolves complaints from members and nonmembers in a professional manner.
• Cross-sell lending and other credit union products as appropriate.
• Performs other related duties as assigned.
• Identify reportable transactions and activities under the Bank Secrecy Act (BSA), its implementing regulations, and Unison's Anti-Money Laundering program. Comply with requirements under Unison's Member (Customer) Identification Program (CIP), FinCEN 314a procedures, and OFAC regulations and sanction programs.

An individual in this position must be able to successfully perform the essential duties and responsibilities listed above. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

Qualifications :

Education and Experience :

Position Type / Expected Hours of Work :

Schedule :

Benefits :

Physical and Mental Demands :

While performing the duties of this job, the employee is frequently required to sit for long periods of time, use their hands to handle, control, or feel objects, tools, or controls; use a keyboard. The employee is occasionally required to stand, and / or walk. The employee must occasionally lift and / or move up to 20 pounds while moving files. Specific vision abilities required by this job include close vision and the ability to adjust focus. The employee is expected to analyze, negotiate and work in stressful work situations. The mental and physical requirements described here are representative of those that must be met by an individual to successfully perform the essential functions of this position.

Working Environment :

Work is performed in an indoor office environment. The noise level in the work environment is moderate. The work characteristics described here are representative of those individual encounters while performing the essential functions of this position.

Equal Opportunity Employer

Unison Credit Union is an equal opportunity employer. We are dedicated to a policy of non-discrimination in employment on any basis including race, color, religion, sex, age, national origin, sexual orientation, gender identity, disability, veteran status, or any other characteristic protected by state or federal law. Consistent with the American Disabilities Act, applicants may request accommodations needed to participate in the application process.

Background Check Disclaimer

All applicants who are offer employment with the Company will be subject to a background investigation. Offers of employment are contingent of the successful completion of a background check in accordance with the Company's polices and all applicable laws.