Business Lending Officer II

Location: FL Pensacola - Operations Full/Part Time: Full-Time Regular/Temporary: Regular

Job Description

YOUR LIFE'S MISSION: POSSIBLE

You have goals, dreams, hobbies and things you’re passionate about.


What’s Important to You Is Important to Us
We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen.


Don’t take our word for it.

  • FORTUNE 100 Best Companies to Work For®
  • Computerworld® Best Places to Work in IT
  • FORTUNE® Best Workplaces for Millennials
  • Forbes® America’s Best Employers

IND123

Basic Purpose

To originate business loans and communicate the benefits offered by business services products and services to Navy Federal Credit Union members by engaging in community and networking activities. Identify appropriate member/client base to contact and solicit new business and referrals. Develop business proposals for existing and newly developed members/customers to help their company/business. Follow up with members to respond to inquiries and questions related to business products and services. Communicate Navy Federal business services products and services in order to generate a consistent and ongoing flow of new business loan applications and closings.

Responsibilities

• Market and sells business products and loans to new and prospective members through the vigorous investment in community activities, networking, and in-person meetings with business leaders and potential borrowers
• Engage in outside marketing and promotional activities away from Navy Federal offices to support business products and services
• Analyze current member/client base to establish, contact and solicit new business by arranging face-to-face meetings with members at their place of business
• Monitor business loan process to ensure compliance with Federal laws, as well as, Navy Federal, NCUA, CFPB guidelines and regulations
• Maintain and ensure loan production goals and cumulative loan dollar bookings, conversion, disposition, member service and loan quality are achieved
• Ensure section objectives, production goals, standards, and strategies are executed and align with division priorities
• Interview and counsel prospective clients/members to discuss available options and alternatives by arranging face-to-face meetings with members at their place of business
• Collect supporting documentation, e.g., balance sheets, profit and income and cash flow statements, business strategy employed, etc. to evaluate and underwrite business loan
• Manage the business loan closing process and loan proceed disbursement
• Conduct on-site visual inspections of businesses ensuring collateral and/or covenants are abided by member business
• Perform on-going quality control to ensure efficiency and accuracy of processes and procedures
• Detect errors and initiate or arrange for corrective action; ensure resolution
• Conduct quality control reviews of documents to ensure adherence to all regulations and requirements; communicate and/or correct errors/omissions
• Establish positive work environment, open communication and accountability; resolve technical or resource issues
• Identify and recommend process improvements to Project Manager, team and/or management
• Involved in driving continuous process improvement to increase member experience quality; reduce losses; minimize financial risk and maintain high operational efficiency
• Remain alert to threats to loan security, fraudulent applications, and other questionable practices that may negatively impact the quality of the loan portfolio or create inappropriate financial risk
• Perform other duties as assigned

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, related field, or the equivalent combination of experience, education and training
• Advanced sales and consulting skills
• Expert knowledge of business products, services, programs, policies and procedures
• Ability to comprehend, analyze and explain multiple, complex loan programs, financing options and basic mathematical principles
• Advanced skill applying lending principles, financial practices and evaluation of creditworthiness to make credit decisions
• Advanced skill developing, documenting and presenting credit analyses involving business lending opportunities including commercial real estate (CRE), commercial and industrial (C&I) and SBA type deals
• Ability to work independently and in a team environment
• Advanced organizational, planning and time management skills
• Advanced skill applying lending principles, financial practices and evaluation of creditworthiness to make credit decisions
• Advanced skill exercising initiative and using good judgment to make sound decisions
• Effective verbal and written communication skills
• Advanced skill interacting with staff, management, vendors and members diplomatically and tactfully
• Ability to interpret and apply regulations, instructions and procedures
• Effective skill maintaining accuracy with attention to detail and meeting deadlines
• Effective word processing and spreadsheet software skills
• Desired – Advanced knowledge of Navy Federal products, services, programs, policies and procedures

Hours: Monday – Friday, 8:00am to 4:30pm

Location: 5550 Heritage Oaks Drive, Pensacola, FL 32526

Equal Employment Opportunity

Navy Federal values, celebrates, and enacts diversity in the workplace.  Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans.  EOE/AA/M/F/Veteran/Disability


Disclaimer

Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need.
An assessment may be required to compete for this position.


Bank Secrecy Act

Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.