Commercial Loan Officer: Growth & Underwriting Expert

Global Credit Union; Anchorage (AK); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Short-term and long-term incentives

Medical/dental/vision with HSA/FSA

401(k) with 5% match

Employee Assistance Program (EAP)

Life and disability coverage

Tuition Reimbursement

Paid Time Off, Paid Sick Leave, Paid H

Job summary

Global Credit Union is seeking a Commercial Loan Officer to develop new business, underwrite loans, and close commercial loan transactions. The role includes evaluating borrower credit, negotiating terms, and maintaining a healthy loan portfolio.

The position requires a finance/business/economics background with strong communication, financial analysis, and MS Office skills. Advancement within loan officer levels is based on education, experience and performance.

Qualifications

• Strong oral and written communication skills.
• Ability to read, analyze, and interpret financial reports, tax returns and legal documents.
• PC proficiency in Microsoft Office Suite.
• Sales oriented personality preferred.

Responsibilities

• Meet with business 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 considering policies, procedures, guidelines and risk; present to approval authorities.
• Assist members with inquiries regarding loan products and services.
• Promote and cross-sell other products and services.
• Monitor loan portfolio to identify risk and ensure compliance.

Skills

Strong communication

Financial analysis

Reading and interpreting financials

Microsoft Office proficiency

Sales oriented

Education

Bachelor's degree in finance, business or economics

Tools

CRM software

Job description

Global Credit Union is seeking a Commercial Loan Officer to develop new business, underwrite loans, and close commercial loan transactions. The role includes evaluating borrower credit, negotiating terms, and maintaining a healthy loan portfolio.

The position requires a finance/business/economics background with strong communication, financial analysis, and MS Office skills. Advancement within loan officer levels is based on education, experience and performance.