Vice President Commercial Loan Officer
Join our Team as a Vice President, Commercial Loan Officer!
As a member-focused credit union, we’re looking for new team members who have a desire to help others. Whether empowering people to reach their goals in person or behind the scenes, our employees share a commitment to creating meaningful relationships with our members and community. We’re also a fun place to work, and we offer competitive pay, professional development, and great benefits! To learn more about SELCO, view the full position description, and apply, please visit https://www.selco.org/join/careers!
We are currently looking for a full-time exempt Vice President, Commercial Loan Officer to join our team! In this role, you will provide quality service to existing members while actively developing new commercial and business banking relationships through business development and community engagement. Grow and maintain SELCO’s commercial loan portfolio, as well as participate in the development and support of other team members.
This position is eligible for remote work for candidates in Oregon who meet the program requirements, and may be asked to appear onsite or in person as needed. The successful candidate will need to be available to work Monday through Friday between the hours of 8am and 5pm.
COMPENSATION
Base Salary: The full salary range for the Vice President, Commercial Loan Officer position is $10,020 to $14,066 per month, with new hires generally starting between $11,542 to $13,054 per month, based on relevant knowledge, skills, education, and experience. This range will be converted to semi-monthly ranges for exempt employees.
Incentives: This position is eligible for an annual incentive that is calculated using the team member’s prior year eligible earnings and ranges from 0%-15%.
Annual Incentive: In addition, all SELCO team members receive an annual incentive based on how well SELCO meets the prior year’s strategic business goals. This incentive is calculated using the team member’s prior year eligible earnings and ranges from 0%-12% (with the average payout over the last five years being 11.07%).
BENEFITS
Our team’s well-being is a priority, and we’re proud to offer a comprehensive and holistic benefits package for team members and their families.
- Medical, dental, vision, long-term disability, and life insurance
- 401(k) retirement plan (with guaranteed employer contributions)
- Paid time off for personal and volunteer hours, as well as 10 paid holidays per year
- Additional programs and benefits include wellness and educational reimbursements, an employee assistance program, discounted rates on select SELCO services, and more.
Check out our complete benefits list here!
POSITION DETAILS
Essential Functions include (please see the position description for a comprehensive list):
- Develop and maintain commercial and business banking relationships by interviewing members and prospective borrowers requesting commercial and business banking services. Respond promptly to inquiries, address concerns, and ensure a positive lending experience.
- Evaluate and interpret information related to borrowers and prospects, including management and business history, industry risks, environmental considerations, tax returns, and financial statements, in order to assess creditworthiness and structure appropriate lending solutions.
- Decision or propose loan requests within assigned authority and ensure adherence to sound underwriting principles, SELCO Commercial & Business Banking policies and procedures, and applicable regulatory requirements.
Required Skills and Abilities include (please see the position description for a comprehensive list):
- Exceptional customer service skills by using the GVAL-HI approach to providing service. Greet people. Value them. Ask how you can help. Listen. Help them. Invite them back.
- Ability to discover member needs to effectively cross-sell SELCO’s products and services.
- Effective communication and active listening skills through all methods of interaction (e.g., in person, via phone, and in writing).
Required Education and Experience
- High school diploma or equivalent; and
- Bachelor’s degree in Business or related field, or equivalent work experience; and
- At least five (5) years of experience with commercial lending; and
- Must be bondable.