Business Development Officer (Select Customer) jobs in Binghamton, NY

Position Objective

Provide information on credit union products and services to current and potential business members according to all credit union policies and procedures and Federal and State rules and regulations. Develop and enhance the business loan portfolio. Prepare, assess, process, and document all required forms and related documentation. Approve or deny business loan applications. Operate with moderate credit authority.

Primary Job Functions

• Gather background information on members applying for business loans by interviewing applicants and obtaining credit bureau reports.
• Interview members requesting refinancing or rewrites of existing business loans.
• Assist members with the loan application process in person, on the phone, or electronically to ensure completeness of information.
• Pull credit reports for all accounts, verify debt, estimate monthly payments for any outstanding debts not listed and add them to debts on application.
• Calculate debt-to-income ratios on loan applicants and calculate how much of a loan applicant’s debt is secured or unsecured.
• Ensure that sound analysis and lending procedures are followed. Act in compliance with the Business Lending policy at all times.
• Evaluate the information provided by the business borrower.
• Approve or deny loan applications within established parameters.
• Explain reasons for denial and explore options for members when business loans are denied.
• Verify the accuracy of business loan amounts and repayment terms on approved loan applications. Complete loan documents and disburse loans when approved.
• Answer questions related to business loans.
• Responsible for collection activity of business accounts.
• Resolves complaints from members and nonmembers in a professional manner.
• Cross--sell lending and other credit union products as appropriate.
• Answer incoming calls on a regular basis and answer questions.
• Prepare and maintain step by step procedures for all job functions.
• All other duties as assigned by managers.

Other Essential Job Functions

• Maintain compliance with rules and regulations for all aspects of job functions.
• Stay up-to-date on the latest rate changes and credit union policies and procedures.
• Cross train for other jobs and backup as needed.
• Cross-sell products and services to qualified members when possible
• Maintain confidentiality.
• Relay member concerns to your supervisor.
• Perform clerical duties as needed.
• Operate a computer for long periods of time.
• May be required to travel to other branch locations.
• Lift up to twenty pounds.
• Attend conferences and seminars as required.
• Be a Team Player!!! Help your co-workers whenever possible.

Qualifications, Skills and Experience

• Two years of financial experience with a high school diploma preferred.
• Professional appearance
• Cash handling experience
• Excellent mathematical ability
• Accuracy
• Computer literacy
• Excellent verbal and written communication skills

Job Type: Full-time

Pay: From $60,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Compensation Package:

• Profit sharing

Ability to Relocate:

• Sayre, PA 18840: Relocate before starting work (Required)

Work Location: In person