Commercial Lending Director

Description

Responsible for the strategic growth of the commercial loan portfolio at Alabama Credit Union. Directs and coordinates all Commercial Loan Department activities.

Requirements

Knowledge and Skills:

Experience: Eight to ten years of similar or related experience.

Education: Equivalent to a college degree (BS or BA in a relevant field.) A significant amount of experience commercial lending (8+ years) may be accepted in lieu of a BA. 

Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Industry Knowledge: Thorough knowledge and understanding of governmental regulations for financial institutions. Very strong knowledge of products offered by Alabama Credit Union. 

General Skills: 

Extensive knowledge and proven track record of carrying out commercial lending practices and procedures, with a very high degree of attention to detail. 

• Strong organizational skills, with the ability to manage multiple priorities and change attention focus quickly.
• Professional Presentation and the ability to maintain calm demeanor under potentially stressful circumstances are required.
• Very good verbal and written communication skills, including good grammar and diction, are required. 

Very high-level understanding and expertise of loan products, policies, regulations, loan underwriting concepts and lending risks are required, including advanced understanding and proficient knowledge of the following:

• Commercial lending regulations such as NCUA 723.4 and others, timelines, and documentation requirements and disclosures
• Person financial statements, cash flows, and financial spreads
• Personal and Corporate Tax returns
• Consumer loan forms, titles, UCC forms, liens, and lien perfection
• Understanding of risks inherent in different loan types and industries and the ability to appropriately evaluate commercial loans considering such risks. 
• Construction and development loans, including evaluating draw requests, site inspection, permits, zoning, and environmental evaluation. 

Other required skills include proven ability to describe and sell appropriate products and services to members such as commercial mortgages, equipment loans, lines of credit, and construction and development loans, as well as other Alabama Credit Union products and services. 

Physical Requirements

During the course of a normal workday, incumbents will sit, stand, walk, see, hear, reach, use gross and fine motor coordination for activities such as using standard office machines, using paper (to include counting cash, sorting, and filling paper items, etc.) and occasionally lift and carry incidental items such as supplies. Must be able to independently travel.