Member Business Loan Officer

Maine Credit Union League; Maine; On-site; USD 48,000 - 54,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Life insurance

401(k) with partial company match

Pension

Paid leave

Tuition reimbursement

Job summary

Seaboard FCU in Bucksport is seeking a Member Business Loan Officer to develop and manage a business loan portfolio across our service area, with travel to branch locations in Ellsworth and Hermon and to clients in Hancock, Penobscot, Waldo, and Washington Counties.

The role involves evaluating loan requests, preparing presentations for approval, coordinating loan documents, and servicing loans while promoting our business lending services and building relationships in the communities we serve.

Qualifications

• Four-year bachelor’s degree in business with concentration in accounting, economics, marketing, or finance.
• Or an associate degree plus at least two years of experience in business lending, credit analysis with commercial accounts, or mortgage lending.

Responsibilities

• Develop potential business member loans and manage an assigned loan portfolio.
• Assess risk and write loan presentations for approval.
• Prepare loan documents and facilitate loan closings.
• Servicing the loans and providing ongoing account management.
• Market consumer products to businesses and conduct business visits as required.
• Represent the credit union in the communities we serve.

Skills

Communication

Independent work

Financial spreadsheets

Word processing

Reading documents

Report writing

Data interpretation

Networking

Education

Bachelor's degree in business (accounting/economics/marketing/finance)

Associate degree + 2 years related experience

Tools

Financial spreadsheets

Word processing

Job description

Seaboard FCU is seeking a Member Business Loan Officer that will be responsible for developing and managing a business loan portfolio. This position is based out of our Bucksport office with travel required throughout our service area. This area includes our branch locations in Ellsworth and Hermon as well as potential business clients located anywhere in Hancock, Penobscot, Waldo, and Washington Counties.

Major duties and responsibilities of this position include: developing potential business member loans, managing an assigned loan portfolio, assessing risk and writing loan presentations for approval, preparing loan documents and facilitating loan closings, servicing the loans, marketing consumer products to businesses, conducting business visits as required, and representing the credit union in the communities we serve.

This position reports to the credit union's Chief Financial Officer. This is an hourly wage position with a rate of $35.02 - $38.87 per hour. Seaboard FCU offers a generous benefits package that includes:

• health insurance
• dental insurance
• life insurance
• 401(k) with partial company match
• pension
• paid leave
• tuition reimbursement

Seaboard is an Equal Opportunity Employer.

Qualifications for this position include a four year bachelor's degree in business with a concentration in accounting, economics, marketing, or finance. Or, a two-year associates degree that includes some business courses and at least two years of work experience in one of the following areas: 1) business lending, 2) credit analysis with commercial accounts, or 3) mortgage lending.

The successful candidate will also have:

• Excellent communication skills and the ability to work independently.
• Strong computer skills, especially with financial spreadsheets and word processing.
• Ability to read and interpret documents, write routine reports and correspondence.
• Ability to compute rates, ratios, and interpret data.Ability to carry out detailed written or oral instructions.
• Ability to network with business and civic contacts and successfully develop new lending opportunities.

All hourly staff at Seaboard are part of a local labor union. Union membership will be established at the time of hire. Seaboard is an Equal Opportunity Employer.