Commercial Loan Officer

Location and Remote Work

Remote role based in or near Southwest Washington or Portland, Oregon, with regular travel required for onsite events (branch locations).

Target annual pay
: $117,216 - $133,200
Full annual pay range
: $106,560 - $159,840

• Additional $2.00 per hour bilingual differential for employees who can support members in a second language, subject to verification.
• Compensation decisions based on job‑related skills, experience, education, and performance. Incentives are performance‑based and vary by role.

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.

• Identify and develop new member business loan opportunities through networking and community involvement.
• Build and maintain positive relationships with existing and prospective members and Centers of Influence (COIs).
• Negotiate loan terms within the credit union’s framework and adhere to lending policies, federal and state regulations.
• Maintain knowledge of competitor rates, programs, and terms to strategically present the credit union’s offerings.
• Interview and consult prospective members, reviewing applications, financial documentation, and collaborating with Credit Analysts.
• Conduct loan documentation reviews, periodic annual term loan and risk reviews, and monitor delinquencies.
• Meet monthly loan production and profitability goals, sales activities, and outbound calling targets.
• Manage portfolio credit quality through ongoing oversight.
• Serve as a product knowledge expert and promote the credit union’s products and services.
• Attend required meetings and work‑related events.
• Use assigned equipment appropriately and maintain secure work areas.
• Develop relationships with internal partners and branch personnel.
• Ensure compliance with state and federal regulations and complete required documentation.
• Mentor commercial loan officers and other team members.
• Perform additional duties as assigned by the Regional Director of Commercial Lending.

Monday – Friday, 8:00 am – 5:00 pm (Full‑time, 40 hours/week).

• Minimum of seven (7) years in a high‑volume, production‑oriented commercial lending role or equivalent position.
• Valid driver’s license.

• Bachelor’s degree in Finance, Business, Economics, or related field.
• Certifications:
  
  Risk Management Association (RMA) Lending Certifications.

• Knowledge of commercial lending guidelines, regulatory procedures, and laws related to member business loans.
• Understanding of federal, state, and local laws and regulations.
• Experience with investor commercial real estate, C&I lending, and business deposit products.
• Proficiency with Microsoft Office (Word, Excel, Outlook) and adaptability to new technologies.
• Strong networking, relationship management, and consultative selling skills.
• Ability to recommend loan pricing, terms, risk grades, and collateral evaluation.
• Experience preparing written loan approval requests that meet regulatory requirements.
• Analytical skills for assessing borrower financial capacity and risk.
• Entrepreneurial spirit and collaborative teamwork.
• Goal‑setting ability aligned with strategic plans.
• Capacity to generate high volume of new loan originations and deposit growth while managing a sizable portfolio.
• Positive attitude and dedication to member service.
• Willingness to work extended hours as required.
• Knowledge of financial services loan documentation systems (e.g., Laser Pro, LOS systems).
• Direct experience in commercial lending and/or business development within the core market area preferred.

• Full‑time regular benefits including medical, dental, vision, and life insurance.
• Medical, Dental, and Vision coverage 100% paid by the company for employee‑only coverage.
• Health Care FSA, Health Savings Account (HSA), and Dependent Care FSA.
• Life and AD&D insurance.
• Eligibility for the 401k plan.
• Accrual of 8 hours of vacation and 8 hours of sick leave monthly.
• 11 paid holidays, 1 floating holiday, 16 hours of self‑care time, and 16 hours of volunteer time (full‑time regular employees).

Peak Credit Union participates in E‑Verify and uses it to confirm identity and employment eligibility of all hired employees.

Peak Credit Union is an affirmative action and equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability. Employment is also given to those with disabilities, and the company provides reasonable accommodations.