Commercial Credit Specialist

Primary Duties And Responsibilities

• Reviewing and verifying loan application documents for accuracy and completeness, ensuring compliance with internal policies and regulatory requirements, and coordinating with applicants to obtain necessary information and documentation.
• Timely and consistent execution of the commercial credit processes, including initial deal coordination, order and review of pre-close due diligence, and engagement of the loan processing team.
• Supporting efforts for reporting, monitoring loans, and outreach to members to gather information where appropriate.

Essential Responsibilities

• Supports SBA 1052 reporting.
• As directed, provides accurate and timely completion of Board Reports including hosting a monthly collection call for updates with management.
• Collection and monitoring of Borrowing Base Reports, submit limit restrictions to Business Loan Operations.
• Manage Meridian Link loan process, reviewing all new applications, notifying credit analysts of new applications ready to be decisioned, communicating requests for additional documentation with applicants and communicating loan decisions with applicants.
• Aid in the management of maturing loans/renewals by sending notices to members via email and regular mail, review maturing loan pipeline and participate in pipeline review meetings.
• Monitor the commercial lending email box and follow-up on appropriate response as needed.
• Provide accurate insurance tracking.
• Carefully coordinate pre-closing business loan documentation, including order appraisals, title documentation, flood documentation, conduct background searches on the business, and order loan documentation with an approved attorney or prepare in-house.
• Schedule loan closings, coordinating with Commercial Loan Officer, closing attorney, and borrower.
• Aid Commercial Loan Officers in obtaining post-closing documentation needed to address loan exceptions.
• Prepare denied and withdrawn loan applications, drafting adverse action letters and forwarding for approval before sending them to the applicant.
• Work closely with all 3rd party vendors to ensure that their Due Diligence is obtained within a timely manner and approved by GECU.
• Conduct quality control audit on business loans post-closing.

Education And Experience

• High school diploma or GED required; bachelor's degree preferred.
• Four years working in commercial loan processing or similar lending role.
• Proficient experience working commercial lending underwriting and review process.
• Strong knowledge of financial statements, credit reporting, and applying proper decision making.
• A high degree of attention to detail especially when reviewing financial documents and reporting.

Knowledge, Skills, And Abilities

• Ability to work independently with a high degree of time management skills.
• Strong knowledge of financial statements, credit reporting, and applying proper decision making.
• A high degree of attention to detail especially when reviewing financial documents and reporting.
• Proficiency in technology with ability to navigate commercial systems including Meridian Link, Abrigo/Sageworks, DNA.
• Professionalism in both oral and written communication with the ability to clearly communicate realistic timelines.

Benefits

• Health, Dental and Vision insurance.
• Life and Disability insurance options.
• Paid Time Off starts accruing once hired and take your birthday off -paid 401k Retirement plan with up to a 10% match of your base gross compensation.
• Tuition reimbursement opportunities & professional development.
• Volunteer opportunities -and earn additional PTO hours!
• On-site clinics for Vaccines and Mammograms.
• And many more!

About the Role

At GECU, we pride ourselves on maintaining quality service, being an employee-friendly workplace, and developing our team members while teaching you the skills to lead you to career advancement opportunities.

Qualifications

High school diploma or GED required; bachelor's degree preferred.

Skills

High school diploma or GED required; bachelor's degree preferred.

Benefits

• Health, Dental and Vision insurance.
• Life and Disability insurance options.
• Paid Time Off starts accruing once hired and take your birthday off -paid 401k Retirement plan with up to a 10% match of your base gross compensation.
• Tuition reimbursement opportunities & professional development.
• Volunteer opportunities -and earn additional PTO hours!
• On-site clinics for Vaccines and Mammograms.
• And many more!

Pay

N/A

Schedule

N/A

Qualifications

Four years working in commercial loan processing or similar lending role.

Skills

Proficient experience working commercial lending underwriting and review process.

Qualifications

Strong knowledge of financial statements, credit reporting, and applying proper decision making.

Skills

A high degree of attention to detail especially when reviewing financial documents and reporting.

Qualifications

Proficiency in technology with ability to navigate commercial systems including Meridian Link, Abrigo/Sageworks, DNA.

Skills

Professionalism in both oral and written communication with the ability to clearly communicate realistic timelines.