Member Business Loan Officer

Michigan Schools & Government Credit Union - Troy, MI3.3

Full-timeEstimated: $66,000 - $84,000 a year
EducationSkillsBenefits
Michigan Schools & Government Credit Union (MSGCU) has been providing families with trustworthy financial products and dependable services for over sixty years. Through our rich history, and following our mission of being a caring organization dedicated to promoting financial success for our members, we have grown to be the 6th largest Credit Union in Michigan and the largest Credit Union in Macomb county. We have over 115,000 members who trust us to be their financial partner, and over $1.8 billion in assets. MSGCU is continuing to grow and has 14 branches across Macomb, Oakland and Wayne counties.

If you have a passion for helping people and giving exceptional and dependable service, we want you on our team!

Overview of Responsibilities: Responsible for the acquisition of new business relationships resulting in business loans and the active management of an existing portfolio of business loans with annual revenues of $2-$25MM. Builds relationships with our members and prospective members and delivers an exceptional member experience designed to retain and grow usage of our products and services. The start date for this position can be flexible (as late as early Q1 2019).

Essential Duties and Responsibilities:
Exceeds specific net portfolio loan and deposit growth goals along with new deposit, loan, cash management, and revenue production goals.
Cross-sells products that include, but are not limited to, deposit, credit, and cash management.
Manages complex accounts and sensitive member relationships, including negotiations and credit assessments on an independent basis.
Sources, structures, and presents business lending opportunities up to $10MM to MSGCU management and the Michigan Business Connection (MBC), a Credit Union Service Organization (CUSO).
Effectively uses the MBC’s centralized credit support team for both new originations and portfolio management.
Develops a targeted center of influence (COI) list and has a detailed plan to build relationships that lead to referral business to achieve goals.
Builds collaborative relationships with key internal business partners (assigned branches, investment specialists, cash management specialists, mortgage specialists, insurance specialists, etc.).
Introduces business lending members to appropriate internal business partners to deepen the share of wallet. Participates in joint calls and prospects with internal business partners as needed.
Uses member relationship management system to manage activities on a weekly basis.
Conducts a targeted number of “in person” calls to prospects, members, COI’s, and internal partners on a weekly and monthly basis.
Practices sound risk management protocols and adheres to internal and regulatory requirements.
Maintains working knowledge and understanding of all commercial loan products detailed in MSGCU's Loan Policy.
Promotes MSGCU's interests and pursues opportunities for business expansion and enhancement. Participates in the development and coordination of the Business Lending department's related marketing efforts.

Essential Preparation and Experience:
Bachelor’s degree or equivalent combination of education and experience; and
3 years in a Business Banking Relationship Manager role or related business lending experience with a proven track record of sales and outside calling success.

Essential Knowledge, Skills, and Abilities:
Member Focus: Builds strong member relationships (internal/external) and delivers member-centric solutions by exceeding member service expectations and providing superior quality service in a professional, efficient, and courteous manner.
Financial Acumen: Interprets and applies understanding of key financial indicators to make sound business decisions.
Decision Quality: Makes good and timely decisions that keep MSGCU’s business lending efforts moving forward.
Action Oriented: Takes on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
Drives Results: Consistently achieves results, even under tough circumstances and effectively manages adversity, bounces back from setbacks, and learns from hardships.
Builds Networks: Effectively builds formal and informal relationship networks inside and outside MSGCU.
Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Persuades: Uses inspiring and compelling messages to influence and gain the support and commitment of others.
Instills Trust: Gains the confidence of others by modeling honesty, integrity, and authenticity. Makes responsible choices and exemplifies courage by stepping up to address difficult issues and saying what needs to be said. Maintains a trusting relationship with all team members.
Situational Adaptability: Adapts approach and demeanor in real time to match the shifting demands of different situations. Uses feedback and self-reflection to gain productive insight into personal strengths and weaknesses.
Understanding of core business products and services.
Local market knowledge and the ability to develop, retain, and expand relationships with COI i.e. Certified Public Accountants (CPAs) and attorneys.

Working Conditions:
Office and branch location environment with little discomfort from noise, extreme temperature, dust, or other factors.
Required to travel throughout MSGCU's service area a majority of the time. Team member to provide own transportation with eligibility for on-the-job mileage reimbursement.
Exposed to potentially hazardous conditions, such as robbery. Receives detailed instructions and security procedures on an annual basis to minimize risk.
This work involves sitting most of the time with brief periods of walking or standing and may occasionally require lifting and/or moving up to 20 pounds.