Within authorized authority, and in accordance with sound underwriting practices as set out in policy and procedure, work directly with members to determine the nature of their business borrowing needs and examines, evaluates, and recommends approval of borrower’s applications for credit or extension of lines of credit.

Essential Functions & Responsibilities including the following. Other duties may be assigned.


  • Identify and cultivate potential and existing members that require business lending services. Develop the business lending portfolio and products.
  • Interviews borrower for business loans at their office, in-house, and by telephone. Answers borrower’s questions pertaining to their loan during entire process. Work with borrower to resolve problems and questions relating to their loan application and financial information.
  • Pre-screens loan requests for compatibility with credit union guidelines for safety and soundness. Obtains and reviews personal credit reports of guarantors, LTV ratios, disposability of collateral, and loan compliance with standards of NCUAR 723 to determine feasibility of granting a loan. Interfaces with VP of Lending to assess desirability of loan. Submits application package to Credit Union Service Organization (CUSO) for underwriting.  
  • Implements loan application processes on desirable loans pursuant to credit union policies and procedures. Gathers documentation from borrower during application process including, but not limited to financial statements, tax returns, collateral descriptions and related business paperwork to facilitate underwriting process. Works with Credit Union Service Organization (CUSO) to oversee the analysis of the loan and coordinates with the Service Provider to assure that appropriate due diligence is performed by designated personnel including but not limited to appraisals, surveys, flood certifications, UCC searches, title insurance and environmental reports. Monitors check lists to control loan progress through approval, closing, and perfection of security interests. Trains other credit union staff as appropriate.
  • Works with borrower and the VP of Lending to negotiate appropriate interest rates, fees, costs, loan terms, structure, collateral and guarantee requirements.
  • Corresponds with borrower or creditors to resolve questions regarding application information, and works with Credit Union Service Organization (CUSO) to ensure the appropriate documentation is obtained prior to disbursement of funds.
  • Reviews loan documents for accuracy and faithfulness to approval covenants prior to loan closing. Responsible for business loan closings. Assures that security interests are promptly filed and loan files are properly organized.
  • Analyzes potential lending opportunities involved in each lending situation to further assist the borrower as well as increase the credit union’s lending portfolio.
  • Cross sells borrowers on the benefits of utilizing other credit union services and assists them to open accounts, complete payroll deduction forms and provides general information about credit union products, services, and policies.
  • Maintains ongoing relationships with borrowers to ensure compliance with loan covenants and financial statement requirements. Inspects collateral as needed and documents borrower visits in file. Advises and assists appropriate Collections staff with loan work-outs.
  • Develops and updates procedures as needed.
  • Makes recommendations for policy changes or modifications. Maintains a thorough understanding of state and federal lending regulations.
  • Attends Business Loan Committee meetings, presents loans for approval, and provides recommendations.
  • Monitors business lending loan concentration levels and provides recommendations for change as appropriate.
  • Attends seminars and/or classes necessary to keep current on regulations and trends affecting economy or specific business sectors.
  • Performs related duties and assist other employees as required.
  • Responsible for security of Credit Union property.




To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. A business-like appearance and attitude, dependability and punctuality and a commitment to quality member service are required.

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Knowledge, Skills and Abilities:


Experience:                   Minimum of two to five years of experience in numerous business lending functions.

Education:                    Bachelor’s degree (B.A.) from four-year college or university.

Other Skills:                        Excellent written and verbal communication skills are required. Analytical ability to interpret and communicate the analysis of an applicant’s credit status is required.



How to Apply:


Send resume via one of the options listed below:

·       Email vmontgomery@heartcu.org

·       Fax to 318-449-5552

·       Mail to:       Attn: Human Resources

                  Heart of Louisiana Credit Union

                  PO Box 4030


                  Pineville LA 71361

Heart of Louisiana Credit Union