Business Lending Portfolio Administrator

Sound Credit Union•Tacoma, WA

6d•$33 - $49•Hybrid

About The Position

Sound Credit Union is seeking a Business Lending Portfolio Administrator to manage credit quality and maintain member relationships. The position administers the business loan portfolio and annual loan reviews, performs credit analysis and underwriting for business loan renewals and participations, and supports portfolio administration, audits, and loan participations. The position follows a hybrid Monday–Friday schedule, 8 AM–5 PM, and may be based at the Tacoma or Alderwood corporate office. The target salary range is $32.69–$40.87 per hour, depending on experience and education; the full range is $32.69–$49.04 per hour. Sound Credit Union describes its workplace as inclusive and community-focused and offers opportunities for professional growth.

Requirements

At least 3 years of direct experience in business/commercial loan portfolio duties.
High school diploma or equivalent.
Must be bondable.
Employer sponsorship to secure or maintain employment authorization is not available.

Nice To Haves

Experience within a financial institution.
Bachelor’s degree in Business Administration or a related field.

Responsibilities

Manage the annual loan review process and business loan portfolio, including financial analysis, cash flow, covenants, collateral, risk-rating recommendations, site visits, and insurance coverage.
Manage past-due, problem, and Watch List loans.
Perform credit analysis and underwriting for business loan renewals and participations across CRE, SBA, C&I, and lines of credit.
Support portfolio administration, audits, and loan participations.

Benefits

Employer-paid medical, dental, vision, and disability insurance premiums for the employee, and more than 70% of dependent premiums.
401(k) match dollar for dollar up to 4%, plus an additional discretionary profit share.
Three weeks of PTO accrued annually to start, with increases over tenure.
Up to 40 hours of employer-paid Work/Life Balance time annually.
10 employer-paid federal holidays annually.
An annual bonus of up to 3% of salary may be awarded if the Credit Union meets its goals; paid each November.
Gym/lifestyle reimbursement of up to $50 per month.
Tuition assistance of up to $5,000 per year.
Incentives for multilingual speakers.
Employee Assistance Program and virtual behavioral and mental health services.
Free and/or discounted banking services and loans.
Employee Charitable Matching Program.
Free ORCA pass.