Business Loan Officer

$71,000 - $100,000/Yr

True North Federal Credit Union - Anchorage, AK

Full-time - Mid Level

Anchorage, AK

Credit Intermediation and Related Activities

About the position

The Business Loan Officer at True North Federal Credit Union is responsible for originating, managing, and supervising the credit union's portfolio of commercial loans. This role focuses on developing new and existing business relationships while ensuring high asset management and compliance with underwriting standards. The ideal candidate will possess strong sales and organizational skills, along with a commitment to service excellence.

Responsibilities

• Monitor existing loan portfolio, maintaining high asset base.
• Maintain up to date member files.
• Review applications for business loans and evaluate member's financial condition.
• Make underwriting decisions within approval authority.
• Engage in business development to foster growth in lending and deposit relationships.
• Promote new services through personal calls on clients and prospects.

Requirements

• A bachelor's degree or equivalent formal certifications recognized in the industry.
• Ability to motivate and influence others, fostering relationships.
• Excellent communication skills, both verbal and written.
• Experience analyzing business financial statements and assessing the viability of business.
• Ability to function in a role that demands a high degree of discretion, trust, and diplomacy.

Benefits

• Health insurance
• 401(k)
• Paid time off