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1 Commercial Lender Job in Falcon, MN

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Blaze Credit Union
Falcon, MN | Full Time
$74k-100k (estimate)
2 Months Ago
Commercial Lender
$74k-100k (estimate)
Full Time 2 Months Ago
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Blaze Credit Union is Hiring a Commercial Lender Near Falcon, MN

Blaze is seeking an experienced Commercial Lender to join our growing financial institution. As an entity that lives and breathes 'We Care' to our members and employees, this is an excellent opportunity for a lender to make a difference daily. This key position will be responsible for maintaining and servicing a commercial loan portfolio as well as developing new business, underwriting, structuring and re-structuring of commercial loans.

Role and Responsibilities:

  • Prospect new and existing commercial loans
  • Manage a portfolio of assigned commercial relationships
  • Interview applicants to determine loan requirements and gather pertinent information for loan applications
  • Analyze applicantÂ’s financial status, credit, and asset evaluation to determine feasibility of loan
  • Structure loans within MBL loan policy
  • Prepare and present new loan approval requests, annual reviews, modifications and extensions to the appropriate approval authority
  • Review loan documentation prior to closing for completeness and acceptance by the applicant
  • Ensures timely loan closing and funding activities.
  • Maintains a positive working relationship with members, credit union staff, local professionals, centers of influence, community organizations, etc.
  • Structures or re-structures loans to support the business while minimizing risk to the credit union.
  • Works out defaulted loans.
  • Perform other duties as assigned.

REQUIREMENTS:

  • 5 years of similar or related experience and a minimum high school degree
  • Real estate lending experience
  • Excellent organizational and communication skills both written and verbal
  • Experience with Microsoft Office and solid Excel skills.

Diversity creates a healthier atmosphere: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

Job Summary

JOB TYPE

Full Time

SALARY

$74k-100k (estimate)

POST DATE

02/14/2024

EXPIRATION DATE

06/09/2024

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The job skills required for Commercial Lender include Commercial Loans, Microsoft Office, Loan Review, Underwriting, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Lender. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Lender. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Commercial Lender positions, which can be used as a reference in future career path planning. As a Commercial Lender, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Lender. You can explore the career advancement for a Commercial Lender below and select your interested title to get hiring information.

If you are interested in becoming a Commercial Lender, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Lender for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Commercial Lender job description and responsibilities

A commercial lender grants financial loans to businesses.

04/12/2022: Schenectady, NY

Commecial Lender resolves uncertainties relating to customer application information through inquiries with applicant or creditors.

03/12/2022: Fayetteville, AR

They structure loans within loan policy. Approves loan within specified limits or champions loan opportunities to the credit department and/or Committee for proper approval.

03/19/2022: Gary, IN

Commercial Lender prepares financing proposals consistent with approval for presentation to the applicant.

04/08/2022: Evansville, IN

Commercial lenders also look at the purpose of the business, the character of the business owner, where the business operates, and the projected annual sales and growth for the business..

03/11/2022: Corpus Christi, TX

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Commercial Lender jobs

There are many ways to advance in the field of commercial lending. One of the best is to get an advanced degree in business or finance. This will give an individual the skills and knowledge they need to move into management or executive positions.

05/09/2022: Worcester, MA

They can also advance by taking on more responsibility at your current job, or by moving to a larger bank or financial institution.

03/14/2022: Tallahassee, FL

Present a professional loan package.

04/08/2022: Somerset, NJ

Minimum of 5 years’ experience in Commercial Lending, with a preference for existing experience within service area

04/03/2022: Hartford, CT

Attend credit training.

04/02/2022: Stamford, CT

Step 3: View the best colleges and universities for Commercial Lender.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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