Business Loan Officer - NY/NJ

Salal Credit Union

8d • $101,952 - $142,732

About The Position

Do you have a background in business lending and relationship management? Are you looking to join an innovative credit union that genuinely cares about its employees and the communities it serves? Salal Credit Union is seeking a Business Loan Officer to guide commercial members through the loan origination process and build long‑term, trust‑based relationships. This role supports our growing commercial portfolio, which includes cannabis‑related businesses.
Salal Credit Union already serves commercial members across the country, and this position will play a key role in expanding and strengthening our presence in the Northeastern markets. You'll leverage your relationship‑building expertise to cultivate new business, deepen existing relationships, and serve as our on‑the‑ground representative in this strategic region.
The ideal candidate will be based in New York or New Jersey and able to travel throughout the region for portfolio development, prospect engagement, and member site visits as needed.
As a Business Loan Officer, you'll spend your days engaging directly with commercial members - learning about their operations, identifying opportunities, and structuring solutions that help their businesses thrive. Your work will involve a mix of outreach, relationship nurturing, and portfolio management, with a strong emphasis on understanding each member's unique financial needs. You'll collaborate closely with internal partners to assess credit requests, manage risk, and move applications smoothly through the loan process.
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. Our successful 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.

Requirements

• 5+ years of experience in commercial lending, business banking, or a related role within a financial institution
• Proven ability to develop and grow a commercial loan portfolio and success in sales and relationship management, pairing business development skills with a service‑oriented approach
• Strong credit analysis and business acumen
• Excellent communication, organization, and time‑management skills, with the ability to work independently in the field
• College degree or equivalent work experience

Responsibilities

• Guide commercial members through the loan origination process
• Build long‑term, trust‑based relationships
• Cultivate new business
• Deepen existing relationships
• Serve as our on‑the‑ground representative in this strategic region
• Engage directly with commercial members - learning about their operations, identifying opportunities, and structuring solutions that help their businesses thrive
• Assess credit requests
• Manage risk
• Move applications smoothly through the loan process

Benefits

• Competitive base salary of $101,951.67 - $142,732.33 depending on experience.
• Ability to earn additional variable compensation for meeting loan origination and deposit goals. These earnings are paid out quarterly based on the individual's production in each area. Additional details can be made available to applicants during the interview process.
• Comprehensive healthcare benefits including health, dental, and vision insurance.
• Generous paid time off policies include vacation, sick, and personal holidays in addition to paid holidays in accordance with the Federal Reserve calendar.
• Tuition reimbursement.
• 401(k) plan with pre-tax and post-tax (Roth) options including company matching after 6 months of employment.
• Charitable contribution matching.
• Monthly transportation subsidy for employees that qualify.
• Additional voluntary benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees