Commercial Loan Officer 3

Peak Credit Union • Washington, DC

15h • Remote

About The Position

This position is responsible for developing, growing, and managing a portfolio of quality, member business loan relationships in support of the credit union’s strategic goals within the Washington and Oregon market areas. This position is a remote role based in or near Southwest Washington or Portland, Oregon, with regular travel required for on-site events (Branches). Applicants are encouraged to apply by May 14th, 2026, at 5:00 PM PST. Job postings are subject to close early or extend longer than the anticipated closing date. We recommend applying as soon as possible. We provide an additional $2.00 per hour bilingual differential for those employees who can support our members' financial needs effectively in a second language; subject to verification of strong grasp of financial terms utilizing language skillset. Compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer of employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

Requirements

• Minimum of seven (7) years experience in a high-volume, production-oriented, commercial lending role or equivalent position.
• Requires valid driver's license to perform job duties.
• Possess a knowledge and understanding of commercial lending guidelines, regulatory procedures, processes, and laws as they pertain to the acceptance and approval of member business loans.
• Knowledge of federal, state and local laws, statutes, regulations codes and standards related to the area of responsibility.
• Experience with investor commercial real estate, commercial & industrial lending, and business deposit products.
• Proficient use and understanding of Microsoft Office products (Word, Excel, Outlook) with the ability to learn and quickly adapt to new technologies.
• Strong networking and relationship management skills.
• High level consultative selling skills, negotiation and presentation skills, with a history of successful outside sales experience.
• Establish and maintain effective working relationships with area Vice Presidents, Directors, Branch Managers, and employees.
• Ability to make recommendations on loan pricing, terms, risk grades, evaluate the liquidation value of collateral, specify sources of repayment, assess industry business and management risks, etc.
• Prepare written requests for approval of member business loans that cover all regulatory and credit union requirements.
• Ability to understand complex business loan requests, evaluate overall financial capacity of borrowers/guarantors, and identify strengths and weaknesses.
• Entrepreneurial spirit with the ability to work successfully in a collaborative manner with other staff members.
• Establish program goals and objectives that support the credit union’s strategic plan.
• Ability to make recommendations on loan pricing, terms, risk grades, evaluate the liquidation value of collateral, specify sources of repayment, assess industry business and management risks, etc.
• Ability to generate a high volume of new loan originations and deposits, while managing a significantly sized loan portfolio.
• Establish and maintain a good rapport with management, employees, vendors and members.
• Strong knowledge of commercial credit analysis including analysis of borrower financial statements, CRE investor real estate, C&I lending concepts (and construction lending knowledge preferred).
• Ability to maintain a positive attitude while actively looking for ways to helps members and co-workers.
• Work extended hours as required or requested by management to complete assigned projects.

Nice To Haves

• Bachelor's Degree in Finance, Business, Economics or related field of study.
• Certifications: Risk Management Association (RMA) Lending Certifications.
• Experience with and/or working knowledge of financial services loan and documentation systems (e.g. LaserPro, LOS systems, spreading software, etc.) preferred.
• Direct experience in commercial lending and/or business development within the core market area preferred.

Responsibilities

• Identifies and develops new member business loan opportunities through a variety of networking methodologies and community involvement within the credit union’s footprint.
• Develops profitable and positive networks within the business community. Assumes the responsibility for establishing and maintaining effective and professional business relationships with existing/prospective members and Centers of Influence (COI’s).
• Builds a quality member business loan portfolio, by negotiating terms and conditions within the credit union’s prescribed framework and strictly adhere to all commercial lending policies and procedures while meeting federal and state regulations.
• Maintains knowledge of competitor rates, programs, terms, and conditions in order to strategically present the credit union's programs.
• Performs interviews and consultation with the prospective business loan member and assumes full responsibility for all aspects of the loan process, to include: collecting and reviewing the loan application and supporting financial documentation; collaboration with the Credit Analyst to provide a thorough analysis of the loan request; review of loan documentation; perform timely periodic annual term loan and risk reviews; monitor delinquencies and surface potential concerns with weakened credits.
• Meets high level monthly loan production and/or profitability goals; as well as, sales activities and outbound calling goals.
• Maintains the strong credit quality of the credit union’s member business lending portfolio through ongoing portfolio management.
• Support a strong relationship banking culture acting as a subject matter expert in terms of product knowledge and promotion/marketing of a broad range of Peak Credit Union's products and services.
• Attends and participates in all required meetings and work-related events.
• Maintains the use of all assigned equipment (e.g., cell phones, desktop computers, laptops, etc.) in an acceptable manner and in accordance with the credit union procedures.
• Ensures that work areas are secure and well maintained in accordance to member privacy regulations and credit union requirements.
• Serves as a resource and develops positive relationships with credit union internal partners; as well as, branch personnel.
• Complies with established State and Federal regulations as they pertain to transactions/tasks performed and completes necessary documentation and/or disclosures as required by law.
• Acts as a mentor to commercial loan officers, assistant commercial loan officer, and other members of the department.
• Performs other duties as assigned by the Regional Director of Commercial Lending.
• All other duties as assigned.

Benefits

• Medical, dental, and vision insurance coverage
• Medical, Dental, and Vision insurance paid at 100% by company for employee only coverage
• Health Care FSA (HCFSA)
• Health Savings Account (HSA) with employer contributions
• Dependent Care FSA (DCFSA)
• Life and AD&D insurance
• 401k plan
• 8 hours of vacation accrued monthly
• 8 hours of sick leave accrued monthly
• 11 paid holidays
• 1 floating holiday
• 16 hours of self-care time
• 16 hours of volunteer time

What This Job Offers

• Job Type: Full-time
• Career Level: Senior