Ensure compliance with state and federal lending laws. Monitor and analyze economic conditions affecting the business lending loan industry and recommend appropriate action. Support, lead, mentor ...
Ensure compliance with state and federal lending laws. Monitor and analyze economic conditions affecting the business lending loan industry and recommend appropriate action. Support, lead, mentor ...
Ensure compliance with state and federal lending laws. Monitor and analyze economic conditions affecting the business lending loan industry and recommend appropriate action. Support, lead, mentor ...
Ensure compliance with state and federal lending laws. Monitor and analyze economic conditions affecting the business lending loan industry and recommend appropriate action. Support, lead, mentor ...
About the role: The Senior Legal Counsel - Lending is a key member of the in-house legal team and a strategic partner to the lending business. This role provides pragmatic, risk-based, and ...
About the role: The Senior Legal Counsel - Lending is a key member of the in-house legal team and a strategic partner to the lending business. This role provides pragmatic, risk-based, and ...
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring). * Provides advice and support where needed with a ...
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring). * Provides advice and support where needed with a ...
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring). * Provides advice and support where needed with a ...
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring). * Provides advice and support where needed with a ...
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring). * Fosters a culture aligned to BMO purpose, values ...
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring). * Fosters a culture aligned to BMO purpose, values ...
As a Senior Lending Advisor, you'll help clients achieve their homeownership goals by delivering expert mortgage advice, strengthening relationships, and driving lending growth. You'll support ...
As a Senior Lending Advisor, you'll help clients achieve their homeownership goals by delivering expert mortgage advice, strengthening relationships, and driving lending growth. You'll support ...
The successful candidate understands how lending agreements, draw schedules, and loan covenants work in practice, and brings the attention to detail needed to catch discrepancies before they become ...
Quick apply
The successful candidate understands how lending agreements, draw schedules, and loan covenants work in practice, and brings the attention to detail needed to catch discrepancies before they become ...
The successful candidate understands how lending agreements, draw schedules, and loan covenants work in practice, and brings the attention to detail needed to catch discrepancies before they become ...
The successful candidate understands how lending agreements, draw schedules, and loan covenants work in practice, and brings the attention to detail needed to catch discrepancies before they become ...
Responsibilities include providing oversight to critical lending components such as servicing business, consumer, and mortgage lending portfolios and completing annual relationship reviews. The role ...
Responsibilities include providing oversight to critical lending components such as servicing business, consumer, and mortgage lending portfolios and completing annual relationship reviews. The role ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Personal Banker
Sherwood Park, AB · On-site
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Personal Banker
Sherwood Park, AB · On-site
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Personal Banker
Calgary, AB · On-site
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Personal Banker
Calgary, AB · On-site
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Makes credit recommendations for personal lending transactions, including home financing, in accordance with sound credit granting principles and with the Bank's policies and procedures. * Acts as a ...
Manager, Financing Solutions
Edmonton, AB · On-site
Knowledge of functions of risk management, banking, business lending * Experience in commercial credit * Negotiation experience * Experience analyzing financial statements * Good interpersonal and ...
Manager, Financing Solutions
Edmonton, AB · On-site
Knowledge of functions of risk management, banking, business lending * Experience in commercial credit * Negotiation experience * Experience analyzing financial statements * Good interpersonal and ...
Lending information
What is lending?
Lending is the process by which an individual or financial institution provides funds to a borrower with the expectation that the money will be repaid, usually with interest, over an agreed period. Lending can take many forms, including personal loans, mortgages, auto loans, and business loans. Lenders assess the borrower's creditworthiness before approving a loan, and the terms of repayment are specified in a loan agreement. Lending plays a crucial role in the economy by enabling individuals and businesses to access funds for various needs and investments.
What are the key skills and qualifications needed to thrive in lending, and why are they important?
To thrive in Lending, you need a solid understanding of financial analysis, credit risk assessment, and regulatory compliance, often supported by a degree in finance, business, or a related field. Familiarity with loan origination systems, credit scoring software, and financial modeling tools is typically required. Strong interpersonal skills, attention to detail, and the ability to communicate complex information clearly help individuals excel in client interactions and decision-making. These competencies ensure responsible lending practices, regulatory adherence, and effective client service in a competitive financial environment.
What are some common challenges faced when working in a lending role, and how can they be addressed?
Professionals in lending roles often encounter challenges such as assessing borrower creditworthiness, managing regulatory compliance, and handling high volumes of loan applications. Staying up to date with evolving lending regulations and utilizing advanced risk assessment tools can help mitigate these challenges. Additionally, effective communication with clients and close collaboration with underwriting and risk teams are essential to ensure accurate and timely loan processing while maintaining strong customer relationships.
What is the difference between Lending vs Loan Officer?
| Aspect | Lending | Loan Officer |
|---|---|---|
| Credentials | Varies; often includes finance or banking experience | Typically requires mortgage or loan originator licenses |
| Work Environment | Financial institutions, banks, credit unions | Bank branches, mortgage companies, online platforms |
| Industry Usage | Broad term encompassing various types of credit provision | Specific role within lending, focusing on loan origination |
| Primary Focus | Facilitating credit access, managing lending processes | Assessing borrower eligibility, processing loan applications |
While 'Lending' refers to the overall process of providing credit, a 'Loan Officer' is a professional who directly interacts with borrowers to originate loans. Understanding this distinction helps clarify roles within the financial industry and job search strategies.
How to get a job in lending?
To get a job in lending, candidates typically need a high school diploma or higher education, strong communication skills, and knowledge of financial products. Relevant experience in banking or finance, along with certifications like the Loan Officer License, can improve job prospects. Entry-level roles often require familiarity with loan processing software and customer service skills.
Is lending a good career?
Lending is a financial role that involves evaluating and approving loan applications, requiring skills in finance, analysis, and customer service. It can offer stable employment and opportunities for advancement, especially with relevant certifications like the Loan Officer License. Job prospects depend on economic conditions and the demand for credit services.
What are the most commonly searched types of Lending jobs in Alberta?
The most popular types of Lending jobs in Alberta are:
Full-time
Re-posted 23 days ago
Job description
The primary purpose of this position is to assist Fort Financial Credit Union by delivering outstanding service to both internal and external members/business members. A key element of excellent service is to identify the financial needs of each member/business member and recommend an appropriate credit union solution. In addition, this position may receive business members in person and by telephone. May be required to conduct in-depth interviews with business members or their consultants directly and by telephone to obtain all necessary information for making credit decisions. Makes sound credit decisions regarding the approval of member business loans to ensure the lowest element of risk. Manage the day-to-day operation of the Business Lending department. Ensure compliance with state and federal lending laws. Monitor and analyze economic conditions affecting the business lending loan industry and recommend appropriate action. Support, lead, mentor, and coach staff to exceed credit unions expectations.
Critical Requirements of the position include:
Strong relationship banking background
Proven ability to self-source business
Comfortable with C&I, CRE, and owner-occupied
Can manage a $20-$40MM portfolio
Strong credit sense.
In addition:
- Provides general credit union information on all credit union services and policies, interest rates, terms of loans, dividends and interest computations, and insurance coverage with an emphasis on Business Lending.
- Ensure that the Member Business Lending and Business Lending participation policies and procedures best serve the Credit Union and its business members.
- Meets with business members to determine creditworthiness.
- Assesses credit risks and identifies mitigating factors.
- Provide knowledge and expertise on establishing and maintaining the member business loan policies and procedures.
- Assists in determining the proper products and structure for our business lending members.
- Recommend new business loan products and business deposit products on an ongoing basis.
- Assists senior credit analyst, credit analysts, and business operations in annual reviews for our business lending members, including assisting in obtaining proper financial documents.
- Identifies and mitigates any loan policy exceptions.
- Develop each employee to their highest potential by identifying their areas for improvement and appropriately coaching, training or correcting the employees’ performance.
- Hold employees accountable for their performance, attitude and behavior.
- Meet with each employee monthly to review previous month’s performance, set goals for upcoming month’s performance and develop plans to improve employees’ performance
- Works with the team regarding business loan structure and establishing loan covenants for our business members.
- Maintains a highly motivated, well-trained staff maintaining effective employee relations.
- Make recommendations for additional staff training needs with lending policies and procedures.
- Assists business lending team that approved and funded business loans are properly documented, liens perfected, and all paperwork properly completed.
- Recommend loan alternatives for business members, as necessary.
- Remains current with compliance regulations, economic conditions and state and federal laws as they related to Member Business Lending.
- Assist in closings to ensure that all documents are executed and returned to the business lending department.
- Ensures that all collateral documents are executed and then appropriately filed by the business lending department.
- Responsible for overseeing each business relationship with regard to monitoring the relationship, staying in contact with the business owners, reviewing updated information and keeping the business lending department appraised as changes occur.
- Assist in the on-going refinement of business lending procedures provided to our members.
- Assist in the development of new loan programs and loan products that include member business lending guidelines/rules and compliance.
- Oversee the call process and include the business analyst/business operations manager or Vice President of Lending when necessary.
- Responsible for collection efforts for all loans originated by Business Lending Officer.
- Work with minimal direct supervision and utilize independent judgement and decision making.
- Performs such duties as may be commensurate with the position of Vice President - Business Lending Officer, which may include special projects, as directed by the EVP/CLO.
REQUIRED WORK EXPERIENCE
Three years to five years of similar or related experience.
EDUCATION
(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).