Commercial Loan Officer II

Recognized as one of the largest, and most successful Black and Women owned credit unions in the nation, HOPE continues to build its brand and impact by expanding access to financial services and engaging in advocacy to mitigate the extent to which factors such as race, gender, birthplace and wealth limit one’s ability to prosper.
Since 1994, HOPE has generated more than $3.
6 billion in community development financing that has benefitted more than 2 million people in Alabama, Arkansas, Louisiana, Mississippi, Tennessee and nationwide.
This work has supported small business owners struggling to gain access to capital, families seeking to own homes and individuals looking for a better way to manage their hard-earned money with a financial institution they can trust.
This work has not gone unrecognized.
In 2022, HOPE was named one of Fast Company’s 10 most innovative companies reflecting current events.
The recognition honors companies for innovative work on the most pressing issues of the day including COVID-19 response, the climate crisis, mental health and economic inequality.
Job Summary The Commercial Loan Officer II position is responsible for developing and managing a commercial loan portfolio in the state of Mississippi and will lead HOPE’s commercial lending expansion into the state.
This position is to be located in Jackson, MS and will serve the entire state of MS.
Primary and Essential Functions • Develop active referral network for identifying potential customers and co-lending partners in the state of Mississippi.
• Ensure that loan production targets are achieved.
• Work with prospects and internal staff to adequately assess risk of credit requests, present recommendations, and facilitate loan closings.
• Manage customer relationships, including facilitating required outside technical assistance (e.
g.
, accounting, management, marketing, engineering, etc.
), compliance with loan covenants, payment performance, annual financial reviews, and on-site collateral and business inspections.
• Manage assigned loan portfolio.
• Ensure all assigned loans are in compliance and properly documented.
• Market Hope Enterprise Corporation/Hope Federal Credit Union other financial products and services.
Secondary Functions • Perform general administrative duties such as attending meetings, report production, etc.
• Assist Special Assets Department as needed in addressing problem loans.
• Provide information required for investor reporting, as requested by the Investor Relations Department.
• Participate in community outreach efforts.
• Manage other assigned credits.
Competencies/Skills • Ability to market commercial financial products.
• Ability to network with other financial service providers for referrals and loan participations.
• Ability to read and interpret legal documentation as it pertains to corporate organization and loan documentation.
• Demonstrated strength in credit analysis, financial analysis, and communication skills (written and verbal).
• Strong computer skills, especially with financial spreadsheets and word processing.
• Ability to read and interpret documents, write routine reports and correspondence.
Ability to speak effectively before groups of customers and employees of the organization.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to compute rate, ratio, percent, and interpret data.
• Ability to apply commonsense understanding to carry out detailed but uninvolved written or oral instructions.
• Ability to deal with problems involving a few concrete variables in standardized situations.
• Ability to network with business and civic contacts and successfully convert community outreach efforts to commercial lending opportunities for HOPE.
Desired Qualifications • Bachelor’s Degree in relevant field; graduate degree or professional certification preferred • Three or more years of commercial lending experience • Prefer experience in development finance and/or commercial banking Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
41 CFR 60-1.
35(c)