May 9

Job: Commercial Banking Officer; Underwriting; Credit Analysis; Commercial/Investor Real-Estate (CA)

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Thanks to JETAA NC’s John Dzida for sharing this posting. Posted by Kim ‘Kay’ Monroe (Miyazaki-shi, 1995 -97). Click here to join the JETwit Jobs Google Group and receive job listings even sooner by email.
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Position: Commercial Banking Officer; Underwriting; Credit Analysis; Commercial/Investor Real-Estate
Posted by: Stanford Federal Credit Union
Type: Full-time/Part-Time 
Location: CA
Salary: Up to $30.60 per hour depending on experience
Start Date: N/A

 Overview: 
The Commercial Banking Officer analyzes the degree of risk involved in extending credit to firms or individuals.  The duties consist of processing and analyzing financial statements, flood certs, tax returns, appraisals, environmental, and other related documents.  This position will also manage and grow a portfolio of Member Business Loans.  This growth will come from existing members and new borrowers from outside of the credit union.  Additional requirements include working on special projects for MBL department, assist in mentoring junior lenders, attending marketing events and establishing centers of influence are required.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• May be required to develop participation relationships for credits originated by SFCU.
• Develop new loans and deposits from existing portfolio by reviewing financials and asking for additional business
• Develop external referral sources and attend marketing events
• Interview potential borrowers for their ability to qualify for the loan request
• Maintain regular contact with the borrowers and proactively provide products and services needed
• Negotiate terms and conditions with existing members and prospects
• Manage exceptions (Bring all documentation exceptions to date)
• Manage assigned portfolio
• Underwrite Commercial Loan Requests (New, Existing, extensions, Reviews, …)
• Research market conditions and proper due diligence on all loan requests
• Present deals to committee when necessary
• Keep past dues and maturities to a minimum
• Is responsible for compliance with all required regulations and polices, especially with all Bank Secrecy Act (BSA), NCUA Rules and Regulations, Office of Foreign Assets Control (OFAC) policies, Privacy Act, procedures and regulations.

BEHAVIOR STANDARD

• Maintains a positive work atmosphere by acting and communicating in a manner so that the employee gets along with members, vendors, co-workers, and management.
• SUPERVISORY RESPONSIBILITIES
• This job has no supervisory responsibilities.

Position Requirements:

QUALIFICATIONS  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor’s degree (B. A.) from four-year college or university; and 2-years commercial banking/underwriting experience and/or training; or equivalent combination of education and experience.

LANGUAGE SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

OTHER SKILLS

Must have personal computer skills including familiarity with Microsoft Word, Excel, and Outlook.

PHYSICAL DEMANDS  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and reach with hands and arms.  The employee is occasionally required to stand, walk, and talk or hear.  The employee must occasionally lift and/or move up to 25 pounds.  Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, and ability to adjust focus.

WORK ENVIRONMENT  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

About the Organization:  Who is Stanford Federal Credit Union?

In 1959, a group of Stanford employees created the Stanford Federal Credit Union to serve their banking needs. Today, we’ve grown to nearly, 50,000 members and over $1.4 billion in assets, and the quality of our expansive line of financial products and services is unmatched in the industry. We serve the faculty, staff, students, alumni, and volunteers of Stanford University (naturally), Stanford Hospital & Clinics, Lucile Packard Children’s Hospital, and SLAC National Accelerator Laboratory…but we also serve over a 100 local companies and their employees, including Google, Genentech, Facebook, SAP and VMware. That’s a lot of companies, true, but we’ve still got room for you!

To top it off, Stanford FCU was the first financial institution to offer online banking, and it continues to be committed to offering innovative technology to its members. The credit union is also focused on enhancing financial lives through education and counseling. Our truly visionary leadership continues to be provided by our member-elected Board of Directors, who selflessly serves without pay to help oversee the credit union’s operations.