Michigan Business Connection, LC

Job Description

Job Title: Senior Business Lending Manager

Department: Credit Union Business Lending

Reports To: Vice President-Credit Union Lending

FLSA Status: Exempt

Grade Level: 1100

Hours 7/8:30 am – 4/5:30 pm Monday – Friday*

Location Ann Arbor, MI 48105*, with frequent day travel required

SUMMARY

This position will be accountable and responsible for generation of new loan applications and the processing and delivery of loans submitted by Credit Unions, including the onboarding, training and preparedness activities of individuals to ensure optimal success.

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

Demonstrate enthusiasm for MBC core values: Teamwork, Accountability, Integrity, Innovation and Leadership.

Develop and maintain relationships with MBC CU’s that generate loan application volume

• Develop and implement ongoing training to CU branches and staff members on behalf of MBC to include small business loan guidelines and processes. May include custom training requests.
• Assist in the onboarding of new credit unions to MBC that may including training, reviewing appropriate documentation and other functions that may be necessary.
• Address periodic questions and or concerns arising with the CU or staff related to business financing
• Attend and speak on behalf of Credit Unions and MBC at outside community-based organization events.
• Help to train and develop Business Lending Manager position.

Facilitate high quality origination experience for borrowers, credit unions and MBC team.

• Receive referrals from credit unions and other sources and promptly communicate requirements and actions to borrower and referral source as appropriate
• Demonstrate awareness of MBC application checklist requirements and ensure appropriate checklist compliance communications when submitting applications
• Maintain continual attention to loan status and processing needs and ensure prompt and clear communications internally and externally on all assigned applications
• Assist with due diligence and loan documentation preparation activities as required
• § Work closely with MBC team members and credit union decision makers to ensure clear awareness of status and risk factors associated with respective loans, borrower desires and financing needs and in order to generate optimal processing effectiveness
• Assist credit union in establishing membership and appropriate cross sell activities associated with respective borrowers

Maintain relationships with credit union staff members and assigned portfolios to improve future business development potential and enhance relationship retention

• Assist credit union in maintaining member relationships and awareness of future opportunities and current servicing issues
• Assist credit union and assigned portfolio manager with risk monitoring, loan modification and renewal requests
• Facilitate member loyalty and encourage additional patronage or referrals as appropriate

SUCCESS MEASUREMENTS:

Success in this position is primarily measured as the quality of the application and origination experience received by borrowers, and perceived by the credit unions, and the number/quality of trainings sessions conducted and loans produced. Additional measurement includes assisting the MBC origination team to achieve its overall goals.

SUPERVISORY RESPONSIBILITIES

None

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 minimum 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. or B.S. ) from four-year college or university; or equivalent combination of education and experience. Previous small business or commercial lending experience required and strong public speaking or training experience preferred.

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before members or employees of the organization.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

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.

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 talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

The employee must be properly licensed to drive an automobile and provide for their own transportation.

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.

The work environment is a typical office environment.

The noise level in the work environment is usually moderate.

*MBC operates within a flex time environment, allowing reasonable employee discretion in start and end times. Certain functions may be supported from a work at home environment as agreed to by the MBC president.

Work Remotely

• Yes after multiple weeks training in the office.

Job Type: Full-time

Pay: $90,648.00 - $135,971.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Work Location: In person