Business Lending Specialist/ Junior Loan Officer

Polish & Slavic Federal Credit Union is committed to supporting our employees’ overall wellbeing by providing valuable benefits. The credit union proudly offers a competitive benefits package, that includes: Medical, Vision and Dental Insurance, Retirement Plans, Life Insurance Plans, Tuition Reimbursement and Pet Insurance, among other benefits. We also have a generous Paid Time Off policy including Vacation, Personal and Sick Time, as well as, a Birthday Day off. 

Core Responsibilities:

1. Obtain required financial information submitted in consideration of assigned Member Business Loan requests and underwrite the credit by performing the appropriate level of analysis using established financial and cash flow techniques and templates to evaluate the overall credit worthiness of the member.
2. Process R/E loan applications, obtain 3rdparty reports, appraisals, environmental assessments, flood hazard certificates.
3. Prepare credit recommendations and approve loans within approved lending limit if applicable, resulting in well documented and fundamentally sound credit decisions.
4. Prepare loan documents and obtain all executed required legal documents and close the loan.
5. Assist Portfolio Manager in the performance of annual credit reviews and reassessment of credit risk.
6. Process/underwrite/approve non-R/E credit applications.
7. Answer MBL inquiries, resolve complaints and member issues.
8. Assist members with loan applications and documentation completion.
9. Prepare and maintain accurate monthly Loan Application pipeline.

Requirements:

• Minimum 3 years’ experience in business credit analysis, workflow organization and processing.
• Comprehensive knowledge of commercial and business lending with completion of formal commercial loan analysis education on the evaluation of financial statements and tax returns, or prior work

Pay: $47,478.50 - $91,492.17 per year

AN EQUAL OPPORTUNITY EMPLOYER