Commercial Loan Officer 3

About the role

To maintain a strong connection with our members and local communities and better understand their unique needs, we are currently considering applications from candidates residing in Oregon and Washington for all open positions. We appreciate your understanding as we focus our hiring efforts in these specific regions. And, we encourage all qualified candidates from these states to apply, as we look forward to learning more about your unique skills and experience!

Responsibilities

• Identifies and develops new member business loan opportunities through a variety of networking methodologies and community involvement within the credit union’s footprint.
• Develops profitable and positive networks within the business community.
• Assumes the responsibility for establishing and maintaining effective and professional business relationships with existing/prospective members and Centers of Influence (COI’s).
• Buils a quality member business loan portfolio, by negotiating terms and conditions within the credit union’s prescribed framework and strictly adhere to all commercial lending policies and procedures while meeting federal and state regulations.
• Maintains knowledge of competitor rates, programs, terms, and conditions in order to strategically present the credit union's programs.
• Performs interviews and consultation with the prospective business loan member and assumes full responsibility for all aspects of the loan process, to include: collecting and reviewing the loan application and supporting financial documentation; collaboration with the Credit Analyst to provide a thorough analysis of the loan request; review of loan documentation; perform timely periodic annual term loan and risk reviews; monitor delinquencies and surface potential concerns with weakened credits.
• Mets high level monthly loan production and/or profitability goals; as well as, sales activities and outbound calling goals.
• Maintains the strong credit quality of the credit union’s member business lending portfolio through ongoing portfolio management.
• Serves as a resource and develops positive relationships with credit union internal partners; as well as, branch personnel.
• Complies with established State and Federal regulations as they pertain to transactions/tasks performed and completes necessary documentation and/or disclosures as required by law.
• Acts as a mentor to commercial loan officers, assistant commercial loan officer, and other members of the department.
• Performs other duties as assigned by the Regional Director of Commercial Lending.

Qualifications

• Minimum of seven (7) years experience in a high-volume, production-oriented, commercial lending role or equivalent position.
• Requires valid driver's license to perform job duties.
• Bonus Points if You Have:
• Bachelor's Degree in Finance, Business, Economics or related field of study.
• Risk Management Association (RMA) Lending Certifications.

Pay

The target annual pay range for this position is $117,216 - $133,200. The full annual pay range is $106,560 - $159,840. We provide an additional $2.00 per hour bilingual differential for those employees who can support our members' financial needs effectively in a second language; subject to verification of strong grasp of financial terms utilizing language skillset.

Compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training.

Should an offer of employment be made, we will consider individual qualifications.

In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

Schedule

All other duties as assigned.

When You'll Be Working: Monday - Friday 8:00am - 5:00pm. Full-time 40 hours a week.

Total Rewards

• This position is eligible for Full-Time Regular benefits.
• Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.
• Includes an option for Medical, Dental, and Vision insurance to be paid at a 100% by company for the employee only coverage.
• We also offer Health Care FSA (HCFSA), Health Savings Account (HSA) with employer contributions, and Dependent Care FSA (DCFSA).
• Employees are able to enroll in our 401k plan.
• Full-Time Regular employees accrue 8 hours of vacation and 8 hours of sick leave, on a monthly basis.
• Full-Time Regular hired employees also receive 11 paid holidays throughout the calendar year, 1 floating holiday, 16 hours of self-care time, and 16 hours of volunteer time.
• All benefits except 401k start the first of the month following date of hire.
• Employees become eligible to contribute to 401k on the first of the month following 60 days of employment.

Equal Opportunity Employer

Peak Credit Union is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.