Job Details


United Bankers' Bank Location: Bloomington Job Title: Vice President Lending Overview: Are you a dynamic leader who is passionate about lending and ready to make a significant impact? As a UBB Lending Officer, you'll have the opportunity to engage with community banks on new lending opportunities, evaluate loan requests, and play a vital role as a UBB Loan Committee voting member. You'll manage ongoing performance and collection efforts, articulate complex loan structures, prepare compelling credit presentations, and be a go-to expert on credit management. Your expertise will assist community banks in ensuring they are successful and their communities remain vibrant and thriving. Ideal candidate will be located in the Twin Cities and work a hybrid schedule in office 3 days per week, Tuesday – Thursday. Responsibilities: • Evaluates loan requests based on sound underwriting practices consistent with regulatory requirements, UBB loan policy requirements and UBB portfolio management practices. Decides to present to appropriate credit authority or decline. • Acts as voting member on UBB Loan Committee. • Calls on community banks to discuss new lending opportunities. • Maintains ongoing and effective communication with client banks. • Analyzes financial, business and market information for a wide variety of businesses including: o Commercial bank holding companies and their subsidiary banks o Commercial and industrial businesses o Agricultural businesses o Commercial real estate projects, including construction and development projects o Non-profit organizations and individuals • Maintains knowledge of the appropriate structure for various types of credit. • Evaluates collateral proposed for loans in respect to value, marketability and control. • Evaluates the paying capacity of guarantors. • Assesses the client bank’s ability to effectively manage the credit in the case of participation loans. • Ability to professionally articulate and discuss loan structure and collection plans with client bank. • Creates concise but comprehensive credit presentations with the assistance and support of a Portfolio Manager. • Directs loan operations or bank counsel to prepare the appropriate legal documents for approved direct loans and obtains all required signatures, collateral and collateral perfection for the transaction. • Reviews the loan documents prepared by or for the client bank for participation loans. • Provides ongoing review and administration of loans. • Monitors payment performance on loans and engages the client bank or the borrower when loans are past due. • Manages collection effort for loans in default. • Engages client banks with participation loans in a cooperative dialogue with the aim of bringing resolution to the problem asset. • Coordinates for the sale of loans to other participating banks when sub-participation is required. Requirements: • Bachelor’s degree with formal credit training or MBA • 8+ years of banking experience • 5+ years of lending experience • Experience in loan workouts and loan restructuring • Knowledge in direct lending (bank stock loans and lines of credit) is a plus • MS Office (Word, Excel, PowerPoint) Deadline: 09/27/2024 How to Apply: https://www.ubb.com/about-us/careers

United Bankers' Bank

Location:
Bloomington

Job Title:
Vice President Lending

Overview:
Are you a dynamic leader who is passionate about lending and ready to make a significant impact? As a UBB Lending Officer, you'll have the opportunity to engage with community banks on new lending opportunities, evaluate loan requests, and play a vital role as a UBB Loan Committee voting member. You'll manage ongoing performance and collection efforts, articulate complex loan structures, prepare compelling credit presentations, and be a go-to expert on credit management. Your expertise will assist community banks in ensuring they are successful and their communities remain vibrant and thriving. Ideal candidate will be located in the Twin Cities and work a hybrid schedule in office 3 days per week, Tuesday – Thursday.

Responsibilities:
• Evaluates loan requests based on sound underwriting practices consistent with regulatory requirements, UBB loan policy requirements and UBB portfolio management practices. Decides to present to appropriate credit authority or decline. • Acts as voting member on UBB Loan Committee. • Calls on community banks to discuss new lending opportunities. • Maintains ongoing and effective communication with client banks. • Analyzes financial, business and market information for a wide variety of businesses including: o Commercial bank holding companies and their subsidiary banks o Commercial and industrial businesses o Agricultural businesses o Commercial real estate projects, including construction and development projects o Non-profit organizations and individuals • Maintains knowledge of the appropriate structure for various types of credit. • Evaluates collateral proposed for loans in respect to value, marketability and control. • Evaluates the paying capacity of guarantors. • Assesses the client bank’s ability to effectively manage the credit in the case of participation loans. • Ability to professionally articulate and discuss loan structure and collection plans with client bank. • Creates concise but comprehensive credit presentations with the assistance and support of a Portfolio Manager. • Directs loan operations or bank counsel to prepare the appropriate legal documents for approved direct loans and obtains all required signatures, collateral and collateral perfection for the transaction. • Reviews the loan documents prepared by or for the client bank for participation loans. • Provides ongoing review and administration of loans. • Monitors payment performance on loans and engages the client bank or the borrower when loans are past due. • Manages collection effort for loans in default. • Engages client banks with participation loans in a cooperative dialogue with the aim of bringing resolution to the problem asset. • Coordinates for the sale of loans to other participating banks when sub-participation is required.

Requirements:
• Bachelor’s degree with formal credit training or MBA • 8+ years of banking experience • 5+ years of lending experience • Experience in loan workouts and loan restructuring • Knowledge in direct lending (bank stock loans and lines of credit) is a plus • MS Office (Word, Excel, PowerPoint)

Deadline:
09/27/2024

How to Apply:
https://www.ubb.com/about-us/careers