Commercial Loan Officer

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The Commercial Loan Officer will interview business loan applicants, explain the various loan products and enhancement programs, gather financial information for underwriting, conduct preliminary analysis, coordinate with processors and analysts, and provide written and verbal loan recommendations to the Business Loan Committee. The role involves managing a business loan portfolio, facilitating the loan process from interview to closing, and nurturing member relationships throughout the life of the loan.

This position is hybrid, based at the Auburn Hills Regional Office with occasional visits to Congress Street/Downtown Detroit. Typically 1–2 days onsite and the remainder of the week remote.

Monday – Friday 8:30 am – 5:00 pm ET. Evening and weekend business development events are required.

• 100% company‑paid health, dental, vision, life, and long‑term disability premiums
• Up to 26 days of PTO in the first year, plus voluntary time off and 11 paid holidays
• 401(k) with a company match
• Tuition reimbursement
• Up to 12 weeks of paid parental leave
• Additional benefits details available upon request.

• Manage a loan portfolio of diverse business members
• Grow the portfolio through a Business Development Plan, calling on current members, prospects, and referrals, and engaging in community and trade show activities
• Maintain knowledge of industry trends, products, and technology
• Monitor loan portfolio for financial statements, covenant adherence, past‑due accounts, and report potential issues proactively
• Interview members for business loans at the business location or by phone, answering loan questions throughout the process
• Conduct personal visits and inspections to collateral properties
• Negotiate and execute loan proposals
• Co‑ordinate appraisals, title searches, surveys, credit reports, inspections, UCC filings, and other necessary arrangements; ensure underwriting has begun
• Collaborate with the Business Credit Analyst on loan analysis and final written loan presentation
• Ensure compliant lending procedures, conditions, and covenants, and that paperwork aligns with approved loan terms
• Attend Business Loan Committee meetings, present loans, and provide recommendations
• Approve loans within established authority; present higher‑authority loans to management
• Provide input on lending interest rates to the Business Services Manager and Loan Committee
• Coordinate collection efforts with the Adjustment Department for delinquent loans
• Cross‑sell credit union products as appropriate
• Attend trainings and seminars to stay current on regulations and business trends
• Assist in monitoring loan operations and responding to general service inquiries
• Participate in departmental and external training programs for compliance and regulatory awareness
• Perform other duties and assist other employees as assigned.

• All Level I duties and responsibilities
• Assist with annual loan policy review and provide input for change
• Assist with updating the Business Loan Underwriting Manual
• Review commitment letters, proposals, and term sheets drafted by Level I officers
• Support ongoing business relationships with key vendors and professionals in the community
• Manage complex negotiations to resolve issues
• Assist with managing delinquent or non‑performing loans.

• All Level I and II duties and responsibilities
• Develop and maintain an active referral network for new business identification
• Assist in training and developing Level I and II officers
• Assist in developing business loan products and services that best serve the Credit Union and its members
• Provide input on lending interest rates to management and the Loan Committee
• Report on state of the economy and industry opportunities to the Business Services Manager
• Provide performance feedback to Management regarding Level I and II officers
• Ensure lending policies, procedures, and practices conform to industry and regulatory standards
• Work with the Senior Business Credit Analyst to meet…