VP - Commercial Loan Officer

Royal Credit Union•Edina, MN

5d•$130,000 - $172,000•Hybrid

About The Position

Become a VP Commercial Loan Officer at Royal Credit Union! In this role, you’ll develop a dynamic commercial portfolio, cultivate strong partnerships, and deliver tailored financial solutions that help businesses succeed. This position is primarily responsible for loan production including business development, networking, and relationship management. Develop and maintain strong relationships with COI's, existing member networks, community leaders, and other partners. Analyze and evaluate loan applications and make appropriate recommendations regarding product offerings, loan structuring, pricing, and approval. Participate in overall credit/risk management, portfolio management, and servicing of assigned portfolio. Ensures compliance with lending policies and procedures. Actively collaborate with other Royal Team Members to help meet Members' specific commercial lending, commercial real estate lending, and deposit and treasury/cash management needs.

Requirements

Bachelor’s Degree in Finance, Accounting, Business, Economics or related field or equivalent business lending work experience
Three (3) years of Commercial Lending experience
Must be bondable
Valid Driver’s License and maintain it
Insured vehicle
Expertise in Commercial Lending & Credit Analysis: Strong ability to evaluate financial statements, business plans, and credit risk, including loan structuring, underwriting, and portfolio management.
Business Development & Relationship Management: Proven ability to generate leads, build networks, and maintain strong relationships with Members, community partners, and centers of influence.
Analytical & Decision-Making Skills: Advanced critical thinking skills to interpret data, assess risk vs. reward, and make informed, timely decisions in complex situations.
Communication & Presentation Skills: Excellent verbal and written communication skills to clearly articulate financial solutions, present to committees, and influence stakeholders.
Technology & Organizational Proficiency: Skilled in using digital banking tools and Microsoft Office applications, with strong time management and the ability to prioritize in a fast-paced environment.
This position requires residency within Royal’s office footprint of Wisconsin and Minnesota

Nice To Haves

Specific Banking and Commercial Lenders education. i.e. Graduate School of Banking, Robert Morris Commercial Lending Courses, CUNA.
5-10+ years of Commercial and Commercial Real Estate Lending experience

Responsibilities

Developing and managing a complex portfolio of diverse, quality, and profitable commercial and commercial real estate loans and deposits, and treasury/cash management services.
Loan production including business development, networking, and relationship management.
Develop and maintain strong relationships with COI's, existing member networks, community leaders, and other partners.
Analyze and evaluate loan applications and make appropriate recommendations regarding product offerings, loan structuring, pricing, and approval.
Participate in overall credit/risk management, portfolio management, and servicing of assigned portfolio.
Ensures compliance with lending policies and procedures.
Actively collaborate with other Royal Team Members to help meet Members' specific commercial lending, commercial real estate lending, and deposit and treasury/cash management needs.