Commercial Loan Officer

Greenwood CU; Apponaug (RI); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

PTO

Healthcare

Dental

Vision

Life

Long term disability

401(k) with generous match

On-site gym

Job summary

Greenwood Credit Union is seeking a mid-level Commercial Lender to join our team and manage loan portfolios while building client relationships in Rhode Island. Reporting to the Vice President of Commercial Lending, you will originate loans, analyze credit, and collaborate with cross-functional teams to provide tailored financing solutions.

The ideal candidate is detail-oriented, excels in communication, and thrives in a fast-paced, community-focused environment.

Qualifications

• Bachelor's degree preferred with a minimum of 5 years' prior experience in a commercial lending environment.
• General knowledge/background of loan and legal documentation; familiarity with commercial and SBA loan documents is a plus.
• Strong interpersonal and written communication, customer service and relationship management skills.
• Ability to evaluate and analyze complex financial statements and tax returns
• Knowledge of regulatory compliance and lending policies and procedures

Responsibilities

• Interviews applicants to determine loan requirements and gather pertinent information for loan applications.
• Requests applicant credit reports, background checks, reference checks and other information pertinent to loan applicant's evaluation.
• Analyzes applicant's financial status, credit, and asset evaluation to determine feasibility of granting loan, establishes credit limit through written and/or oral assessment.
• Structure loans within loan policy and obtain proper approvals.
• Reviews loan documentation prior to closing for completeness and acceptance by the applicant.

Skills

Credit analysis

Financial statement analysis

Relationship management

Communication skills

Regulatory knowledge

Bilingual (English)

MS Word / Excel

Education

Bachelor's degree preferred

Tools

Microsoft Word

Microsoft Excel

Job description

Greenwood Credit Union has an opportunity for a mid-level professional interested in expanding their skillset to become part of our Commercial Lending team. This position reports directly to our Vice President of Commercial Lending and will work closely with other teams across the Credit Union.

We are seeking a highly motivated and detail-oriented Commercial Lender to join our dynamic team. This role is a unique opportunity to work with a leading financial institution and provide customized lending solutions to our clients. As a Commercial Lender, you will be responsible for managing a loan portfolio and building relationships with clients to drive growth and success. If you are passionate about finance and customer service, this could be the ideal role for you.

The ideal candidate is someone who believes in the mission of our Credit Union, who is excited to learn, holds themselves and their co-workers to impeccable standards and thrives in an environment where they will be rolling up their sleeves and working alongside each other every day. This person is detail-oriented, possesses strong relationship and communication skills, enjoys challenges, is ready to work in a fast-paced environment, and looking for an opportunity to support and be part of an exceptional team.

Join the commercial team at Greenwood Credit Union, a strong, independent local institution where decisions are made locally, leadership is accessible, and community comes first. As a Commercial Loan Officer, you'll help businesses grow through thoughtful, relationship-driven lending.

We offer competitive compensation, excellent benefits and a culture focused upon teamwork and service. We have been voted one of Rhode Island's Best Places to Work four years in a row.

• PTO
• healthcare (we pay the deductible)
• dental
• vision
• life
• long term disability
• 401(k) with a generous match
• on-site gym

Essential Functions

• Interviews applicants to determine loan requirements and gather pertinent information for loan applications.
• Requests applicant credit reports, background checks, reference checks and other information pertinent to loan applicant's evaluation.
• Analyzes applicant's financial status, credit, and asset evaluation to determine feasibility of granting loan, establishes credit limit through written and/or oral assessment.
• Resolves uncertainties relating to customer application information through inquiries with applicants or creditors.
• Structure loans within loan policy. Approves loan within specified limits or champions loan opportunities to the credit department and/or Commercial Lending Vice President for proper approval.
• Prepares financing proposals consistent with approval for presentation to the applicant.
• Reviews loan documentation prior to closing for completeness and acceptance by the applicant.
• Ensures timely loan closing and funding activities.
• Position will require commercial loan origination and commercial deposit goals.
• Maintains a positive working relationship with customers, bank staff, local professionals, centers of influence, and community organizations.
• Participate in community and professional organizations and events.
• Uses experience and sound judgment to plan and accomplish goals. Underwrite and analyze credit and financial information to determine credit worthiness (as necessary)
• Communicate loan decisions, terms, and conditions to clients and ensure loan documentation is in compliance with company policies and procedures
• Stay up-to-date on market trends and competitive landscape to identify new business opportunities and provide creative financing solutions
• Provide excellent customer service and build long-term relationships with clients
• Maintain and apply knowledge of current lending policies, procedures, and regulation

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

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

• Bachelor's degree preferred with a minimum of 5 years' prior experience in a commercial lending environment.
• General knowledge/background of loan and legal documentation; familiarity with commercial and SBA loan documents is a plus.
• Strong interpersonal and written communication, customer service and relationship management skills.
• Ability to evaluate and analyze complex financial statements and tax returns
• Strong customer service skills and ability to build relationships with clients
• Knowledge of regulatory compliance and lending policies and procedures
• At least 5 years of experience in commercial lending, credit analysis, or related field
• Strong understanding of credit and financial analysis
• Excellent verbal and written communication skills
• Ability to work independently and as part of a team
• Ability to manage multiple projects and meet tight deadlines
• Fluent in English; Bilingual a plus
• Demonstrated proficiency in basic computer applications, including Microsoft Word and Excel and internet navigation
• Self-motivated and capable of working efficiently and with accuracy in a dynamic, high-volume environment with established productivity goals
• Developed organizational and time management skills
• Dependability and flexibility with work hours and work assignments
• Ability to work a minimum of forty (40) hours per week and overtime, as needed
• Commitment to team environment, member confidentiality and outstanding member service
• High degree of professionalism with positive and professional image and demeanor
• Consent to conduct pre and active employment background screenings

Greenwood Credit Union is an Equal Opportunity/Affirmative Action Employer and therefore provides equal employment and advancement opportunities to all employees and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.