Business Loan Officer

Full Time
Remote
Posted
Job description

Do you have a background in business lending and account management? Would you like to work for an innovative credit union that cares about its employees and the communities it serves? If so, please read on! Salal Credit Union is searching for a Business Loan Officer to provide quality guidance to commercial account members during the loan origination process and maintain relationships with members. This is your opportunity to tackle complex banking solutions for our commercial accounts including cannabis-related businesses across parts of our regional markets.

The ideal candidate will be based in Washington, Oregon, or California with the ability to travel for member site visits a few times per quarter.

What we offer:

  • Competitive base salary of $90,800 - $127,167 depending on experience. This range reflects the entire salary range for the position. Most candidates can expect to receive an offer with an annual salary within 35-60% of the identified range for their respective position.
  • Ability to earn additional compensation for meeting loan origination and deposit goals. These earnings are paid out quarterly based on the individual's production in each area. Team members who meet their quarterly goals will earn approximately $8,000 in variable compensation per quarter. Additional details are available to applicants during the interview process.
  • Comprehensive healthcare benefits including health, dental, and vision insurance. Our high deductible plan options include a health savings account (HSA) with annual contributions from Salal of $1,575 for individuals and $2,375 for individuals with dependents.
  • Paid vacation (starting at 15 days per year)
  • Paid sick time (12 days per year)
  • 2 floating holidays per year (eligible for use after 90 days of employment)
  • Paid holidays in accordance with the Federal Reserve calendar
  • $7,500 of tuition reimbursement annually for full-time employees
  • 401(k) plan with pretax and post-tax (Roth) options. After 6 months of employment, Salal will match 50% of employee contributions up to 4% of pay.
  • $500 Charitable contribution match annually.
  • $100 monthly transportation subsidy for employees that qualify.
  • Company paid life, AD&D, and long-term disability insurances. Additional insurance options are available on a voluntary basis and are paid for by the employee. These include accident, critical illness, short-term disability, and long-term care insurance.

ABOUT SALAL CREDIT UNION

We have helped thousands of members manage their money by making bold, measured decisions to offer the right products to each person. Our mission is to break down financial barriers for the innovators in our community by offering good rates, low fees, and dedicated personal services. Beyond that, we are committed to giving 5% of our annual income to help people and causes in the communities we serve, because we know that many small actions, when added together, can make big impacts.

Helping our employees build and achieve their career goals is equally as important to us, and we are dedicated to fostering a positive work environment in which they can thrive. We strongly prioritize their growth and development as well as their impact to the community so we can be an institution that our employees are proud to be a part of.

Salal Credit Union strives to maintain a work environment free from discrimination where employees are treated with dignity and respect. Salal Credit Union does not discriminate on the basis of race, sex, gender identity, religion/creed, pregnancy, age, physical or mental disability, size or shape, marital status, national origin, genetics/genetic markers, military or veteran status, sexual orientation or any other characteristic protected by applicable laws. We adhere to these principles in all aspects of employment. We believe that by adhering to these policies we can cultivate a welcoming environment by embracing each individual's identities and abilities.

A DAY IN THE LIFE OF A BUSINESS LOAN OFFICER

As a loan officer, you play a crucial role in serving as the face of our credit union while working with existing and potential members. You act in a consultative capacity with these businesses by listening to their needs and suggesting appropriate commercial banking solutions including loans, credit cards, deposit solutions, and other account services as appropriate. This requires managing risk and growing a portfolio of key member relationships including intricate accounts and cannabis-related businesses while also maintaining relationships with an existing portfolio of members.

We're here to provide a world-class member service experience and to do all we can to improve the financial lives of our members. Business Loan Officers are driven, focused, friendly, and fully dedicated to success. They're natural leaders, enthusiastic, positive, and of service. They are energetic and passionate, strive for continuous improvement, seek critical feedback, have strong initiative, demonstrate a sense of ownership and accountability, and excel in communication, follow-up, time management and organizational skills.

QUALIFICATIONS FOR A BUSINESS LOAN OFFICER

  • 5+ years of experience with financial institutions in a sales and business development
  • Business and commercial real estate lending knowledge
  • Credit and business acumen
  • Ability to pair sales skills with a service mindset
  • Willingness to proactively sell products and services
  • Excellent customer service skills

READY TO JOIN OUR TEAM?

We understand your time is valuable, so we have a very quick and easy application process. If you feel that you would be right for this Business Loan Officer job, please fill out our initial 3-minute, mobile-friendly application. We look forward to meeting you!

To request a reasonable accommodation in order to complete your application or if you need this job announcement in an alternative format, contact the Talent Acquisition Team at careers@salalcu.org. If you do not have internet access, you may visit your local public library or any WorkSource location and use their computers.

Salal Credit Union participates in E-Verify.

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