Commercial Loan Officer

Join to apply for the Commercial Loan Officer role at Global Credit Union
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Reports To: Varies by location
Functions Supervised: None
Primary Functions: Responsible for developing new business, structuring, underwriting, and closing of commercial loans, as well as monitoring and maintaining a loan portfolio.

• Meet with business members and prospective members to promote the credit union's commercial loan services and solicit new business.
• Interview prospective borrowers and request necessary information to process loan requests.
• Analyze applicant's financial status, credit, and evaluate collateral to determine feasibility of loan approval.
• Negotiate loan structure with prospective borrower, including fees, loan repayment terms and other credit terms.
• Underwrite credit requests taking into consideration applicable policies, procedures, guidelines and analyzed risk and present processed applications to appropriate approval authorities within the credit union as required.
• Assist members with inquiries and information requests and resolve issues relating to loan products and services offered.
• Promote and cross‑sell other products and services as appropriate.
• Monitor loan portfolio to ensure proper management of risk ratings, compliance with loan covenants and early identification of potential problems. Participate in collection efforts as necessary.
• Participate in the credit union's business development activities, represent the credit union in industry and professional associations, community organizations, local business groups, etc.
• Perform other duties as assigned.

• Education: Bachelor’s degree in finance, business or economics.
• Creditable Experience in Lieu of
  
  Education:
  
  Minimum five years of commercial lending experience.
• Experience / Skills: Strong oral and written communication skills; ability to read, analyze, and interpret financial reports, tax returns and legal documents; ability to respond to inquiries or issues from members, regulatory agencies or business community participants; PC proficiency in Microsoft Office Suite; sales‑oriented personality preferred.
• Tenure: Assignment to the Commercial Loan Officer (Category 07) position or the Senior Commercial Loan Officer (Category 06) position will be determined by education and/or experience. Advancement requires management recommendation and will be based on performance.

Salary Pay Range: $90,389 - $152,718 annually. Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above.

• Short‑term and long‑term incentives
• Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays

Equal Opportunity Employer