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Loan closer • kent wa
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Commercial Loan Officer
Global Credit UnionRenton, WA, US- Promoted
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Protouch StaffingTukwila,, WA, US;- pediatric dentist (from $ 42,500 to $ 356,250 year)
- independent contractor (from $ 46,800 to $ 300,000 year)
- electrical engineering (from $ 138,750 to $ 245,000 year)
- solutions engineer (from $ 125,000 to $ 245,000 year)
- psychiatrist (from $ 46,875 to $ 241,962 year)
- machine learning engineer (from $ 109,500 to $ 238,773 year)
- flooring installer (from $ 39,000 to $ 234,000 year)
- engineering director (from $ 113,070 to $ 226,544 year)
- machine learning (from $ 109,500 to $ 221,400 year)
- dentist (from $ 50,000 to $ 220,000 year)
The average salary range is between $ 42,900 and $ 77,511 year , with the average salary hovering around $ 52,214 year .
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Commercial Loan Officer
Global Credit UnionRenton, WA, US- Full-time
Commercial Loan Officer
Responsible for developing new business, structuring, underwriting, and closing of business and commercial loans, as well as monitoring and maintaining a loan portfolio.
Duties and Responsibilities :
- Meet with business members and prospective 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 taking into consideration applicable policies, procedures, guidelines and analyzed risk and present processed applications to appropriate approval authorities within the credit union as required.
- Assist members with inquiries and information requests and resolve issues relating to loan products and services offered.
- Promote and cross-sell other products and services as appropriate.
- Monitor loan portfolio to ensure proper management of risk ratings, compliance with loan covenants and early identification of potential problems. Participate in collection efforts as necessary.
- Participate in the credit union's business development activities, represent the credit union in industry and professional associations, community organizations, local business groups, etc.
- Perform other duties as assigned.
Qualifications :
Bachelor's degree in finance, business or economics. Minimum five years of commercial lending experience. Strong oral and written communication skills. Ability to read, analyze, and interpret common scientific and technical journals, financial reports, tax returns and legal documents. Ability to respond to inquiries or issues from members, regulatory agencies, or business community participants. PC proficiency in Microsoft Office Suite. Sales oriented personality preferred.
Tenure : Assignment to the Commercial Loan Officer (Category 07) position or the Senior Commercial Loan Officer (Category 06) position will be determined by the candidate's education and / or experience. Advancement requires management recommendation and will be based on the candidate's performance.
Compensation :
Commercial Loan Officer (Category 07) : Salary Pay Range : $90,389 - $152,718 annually. Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above. In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.
Benefits :
Equal Opportunity Employer