Business Loan Officer

Business Loan Officer

Vermont Federal Credit Union values each individual and their unique abilities and strengths to help form the foundation of Vermont Federals' culture. Our employees are at the core of Vermont Federal and we strive to make that a priority every day. As an organization, our stated Purpose is to help Vermonters prosper, no matter where they may be on life's journey. Every employee at Vermont Federal Credit Union contributes in their own way to achieve this goal and is set up for success in a fun, supportive, and collaborative environment. We are looking for friendly, self-motivated individuals who enjoy helping people, have strong communication skills, are detail-oriented, and enjoy working as part of a team. If you are interested in a career in the financial service industry and want to make a difference in your community, we want you to be part of our team. Please visit our website for full details of our very competitive benefits program.

Vermont Federal Credit Union is recruiting for a Business Loan Officer out of our Rutland Location.

Annual Range: $75,653.76 - $113,480.64

Job Description:

• Work with branch employees and business owners to generate business loans, deposits, and services from current and potential members.
• Prepare credit analyses for borrowing requests, analyzing historical and projected cash flow and assess business viability through interviews with business owners, review of loan application, and supporting financial documents.
• Assess overall credit risk based on Vermont Federal's credit policy and risk guidelines; including proper loan structuring and credit package preparation.
• Conduct the closing of business loans including the review of documents.
• Participating in community involvement activities to enhance Vermont Federal's visibility, image and reputation.
• Perform ongoing portfolio management through site visits, annual reviews and monitoring. Work closely with the business lending support team to monitor collateral and other pending items.

Requirements:

• Bachelor's degree.
• Minimum of 3 years business lending experience.
• Credit skills including loan structuring and financial statement analysis as it relates to small business.

Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Vermont Federal Credit Union we are dedicated to building a diverse, inclusive and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

Please be sure to attach your resume. Applications without an attached resume will be considered incomplete. Vermont Federal Credit Union is an Equal Opportunity Employer.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.