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Commercial Loan Officer

Full Time
  • Full Time
  • Bend, OR
  • $72,713 - $77,258 USD / Year
  • Salary: $72,713 - $77,258

Website Central Willamette Credit Union

POSITION PURPOSE

Within the context of Central Willamette’s Statement on Sales Culture; provide ethical professional, friendly, quality service to our members. Provide guidance and counseling to members regarding business services. Underwrite business loans, making sound decisions for both the Credit Union and members. This position is a hybrid position.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

  • Interviews applicants to determine loan requirements and gathers pertinent information for loan applications.
  • Analyzes/Evaluates financial status, credit and assets to determine loan qualifications potential borrowers.
  • Negotiate credit terms, prepare credit analysis and repayment plan for approvals.
  • Foster the development, maintenance, and expansion of our commercial loan portfolio through strategic initiatives and proactive relationship management.
  • Drive awareness and utilization of business service programs by actively engaging with borrowers to understand their needs and advocate for the value of our offerings.
  • Provide regular on going feedback to the Director of Business Services regarding the activities, status, and needs of the department.
  • Provide recommendations to the Director of Business Services regarding programs, policies, guidelines, or procedural changes as necessary.
  • Prepare Business Loan Documents and files, as needed. Review rates, terms, and amounts to ensure they are consistent with Credit Union policy and that all documentation is completed with technical accuracy.
  • Ensure timely and thorough monitoring of business loans through periodic reviews, continual analysis, and proper documentation.
  • Responsible for monitoring and working with commercial borrowers during early delinquency phases.
  • Review applications and other incoming documentation for completeness and required signatures.
  • Obtain and coordinate loan closing information and schedule loan closing. Prepare loan-closing documents, as needed.
  • Will apply knowledge of legal entities that businesses can operate under to determine loan eligibility.
  • Will apply knowledge of legally required loan documentation requirements to determine loan eligibility and application completeness for funding.
  • Prepare correspondence, reports, and maintain spreadsheets as directed and necessary.
  • Knowledge of the legal documentation and information required to make loan determination.
  • Maintain a comprehensive knowledge and understanding of all Credit Union products and services
  • Cooperate and work with co workers fostering a team-oriented environment.
  • Performs all responsibilities in accordance with CW Values, compliance, regulatory and Information Protection requirements.
  • Attend training and comply with CWCU policies and procedures as well as applicable State and Federal regulations.
  • Participate in community and professional organizations and events.
  • Consistently strives to meet and exceed service level expectations.
  • Performs additional duties as assigned.

QUALIFICATIONS

  • Excellent planning skills, both short and long term planning, financial acumen and analytical skills.
  • Strong PC knowledge including Microsoft Office Suite software and database operations.
  • Effectively able to manage multiple projects and work through constant interruptions.
  • Have a strong understanding of accounting principles and financial concepts.
  • Able to manage schedule with minimal supervision and oversight.
  • Ability to flex your schedule to meet the needs of members.
  • Familiarity with ACH Origination, merchant services and other Treasury Management Services.
  • Required knowledge of current State, Federal, and other regulations applicable to commercial lending.
  • Ability to present a professional image to management, staff, and outside contacts.
  • Thorough knowledge of financial institution products and services, policies and procedures, remote delivery channels and member service functions. Strong organizational, time management, problem-solving, customer service, communication and presentation skills.
  • Proficient verbal and written skills to effectively communicate in the English language.
  • Ability to assess and implement organizational changes.

EDUCATION/EXPERIENCE REQUIREMENTS

  • A Bachelor’s degree in Business Administration or a related field, or demonstrated experience required.
  • Minimum experience required 2 years in underwriting commercial loans; however 5 years is preferred.

ABOUT THE ORGANIZATION

At Central Willamette Credit Union we are laser-focused on building a stronger financial future for each of our members and we’re particularly passionate about making the communities of the Willamette Valley even better places to live, work and play. We do this by training our sales and service team members to become Financial Advocates who work tirelessly to improve our members’ financial lives. And we don’t stop there. We are fanatical supporters of the non-profit organizations that create the fabric of the communities we call home. You’ll regularly see us sponsoring and volunteering for events with the Boys and Girls Clubs, SafeHaven Humane Society, The United Way, The Center Against Rape and Domestic Violence (CARDV), and the Albany Public Schools Foundation just to name a few. Our team members are encouraged to give of their time and talents as servant leaders, furthering our quest to make the world a more just and caring place.

Our team members enjoy competitive pay with opportunities to earn incentives, a full range of benefits, and a comfortable environment where input is valued and hard work is both recognized and rewarded. Thank you for considering Central Willamette and we hope to meet you soon.

To apply for this job please visit recruiting.myapps.paychex.com.

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