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Jr. Commercial Loan Officer/Commercial Banker

Levo Federal Credit Union
Posted 5 months ago, valid for 8 days
Location

Sioux City, IA 51101, US

Salary

$65,000 - $95,000 per year

Contract type

Full Time

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Sonic Summary

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  • We are looking for a Commercial Loan Officer to develop and manage a commercial loan portfolio while ensuring strong asset quality and member relationships.
  • The position involves originating, underwriting, and servicing business loans, as well as identifying additional financial opportunities for members.
  • Candidates should possess strong analytical skills, sound judgment, and a commitment to regulatory compliance, with a minimum of 3 to 5 years of relevant experience.
  • Compensation for this role ranges from $65,000 to $95,000 annually, with additional incentive opportunities.
  • A bachelor's degree or equivalent certification is required for this position.

Description

 

We are seeking a Commercial Loan Officer responsible for developing, managing, and growing a commercial loan portfolio while maintaining strong asset quality and member relationships.

This position will originate, underwrite, and service business loans, as well as identify opportunities to align members with additional financial products and services. The role requires a high level of analytical ability, sound judgment, and a commitment to regulatory compliance and organizational policy. Previous experience in this role is desired, but we are willing to consider individuals with related experience in lending or underwriting and a proven track record of professional growth.

Key Responsibilities:

  • Develop and maintain relationships with new and existing business members 
  • Originate, underwrite, and manage commercial loan requests 
  • Structure loan terms, including collateral and repayment conditions 
  • Ensure compliance with all lending policies and regulatory requirements 
  • Monitor portfolio performance and maintain accurate documentation 
  • Identify and cross-sell appropriate financial products and services 

Compensation:
$65,000 – $95,000 annually, plus incentive opportunities

Qualified candidates should demonstrate strong financial analysis skills, business development ability, and experience in commercial lending.

Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. Bachelor’s degree (B.A.) or achievement of formal certifications recognized in the industry as equivalent to a bachelor’s degree. A Commercial Loan Officer will have a minimum of 3 to 5 years’ relevant experience. On-going education and training may be required.




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