Commercial Loan Officer

Job Description

Job Description

Working at Kirtland CU is more than a job-it's a career, and one in the financial world! We pride ourselves on helping our employees learn, grow, and advance in any direction they choose. We offer a highly competitive salary, great benefits package and an energetic, vibrant work environment.

We are currently seeking a Commercial Loan Officer to join Kirtland Credit Union! This is a regular, full-time position that is primarily mobile, requiring travel throughout the Albuquerque area to meet with business members, attend networking events, and participate in community engagements, with occasional work based out of our Kirtland CU Headquarters.

Join the rest of our teammates and become eligible for a generous benefits package that we offer:

• Medical, Dental and Vision Insurance
• 401(k) Retirement savings program
• 401 (k) employer match
• Paid time off with accrual starting from day one.
• 11 Paid holidays off during the year!
• Tuition Reimbursement for College Degrees
• Employee Clothing Advance
• Fitness Reimbursement Program
• Employer paid Life Insurance
• Employee Assistance Program
• Employer paid Short- and Long-Term Disability Insurance
• Travel Assistance Program

This is what we would like you to do:

Responsible for sourcing, receiving, reviewing, and evaluating business and commercial loan requests. Meets with applicants to explain the loan process, documentation, requirements and monitoring. They must analyze financial and credit data, identify potential risks, make recommendations for loan decisions, make loan decisions as assigned and negotiate terms as authorized. Monitors and reviews construction and development loans for progress and draws. Provides business members with advice on financial matters and provides recommendations to partners. Is the first line of defense in collections' activities. Serves borrowers and prospective borrowers promptly and professionally. Provides general Credit Union information and cross-sells deposit and business services. Assists Business Services personnel as needed. Acts as a Brand Manager for the Credit Union at events and as a business development manager.

Primary Job Duties:

• Assumes responsibility for the effective and professional completion of assigned business loan functions.
• Interviews, assist with applications, and processes preliminary documentation on business loan requests. Discuss loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members.
• Analyzes and evaluates loan requests for accuracy and compliance and prepares written credit memo for consideration by the authorized approval authority if outside approval authority. Identifies problems or potential problems with credit information and coordinates with the necessary party to resolve the problems.
• Assists in review of construction loan advances on commercial properties. Conducts on-site inspections of construction projects, provides a detail report showing progress on the current phase in conjunction with the external inspector and submits a recommendation for draw approval.
• Conducts property inspections on assigned loan request and closed loans in their portfolio.
• Follows-up on all matured loans annually or more often as needed.
• First line of collection activities if loan is 1-29 days late. Works with the VP of Business Services and VP of
• Completes lending functions in accordance with established Credit Union policies and legal requirements.
• Works directly with the Commercial Loan Processing Department on loan process to complete application process and closings.
• Works directly with the Commercial Servicing Department on annual reviews, monitoring as needed and any issues that may arise with loans after they are closed.
• Manage a portfolio of loans, acquired through growth and/or assigned.
• Make a minimum of 15 sales calls a week, to include in-person touches at businesses.
• Actively participate in networking groups, Commercial Associations.
• Assumes responsibility for establishing and maintaining effective and professional business relations with members and trade professionals.
• Assumes responsibility for establishing and maintaining effective communication, coordination, and working relations with Credit Union personnel and with management.

Education/Certification:

• Bachelor’s degree required.

Experience Required:

• Five to eight years of commercial and business lending experience required.
• Real estate and construction origination background preferred.

Required knowledge, skills and abilities:

• Knowledge of Credit Union commercial and business lending and collections programs, policies, and procedures required.
• Thorough understanding of financial analysis and determination of credit worthiness required.
• Excellent communication and public relations skills.
• Strong analytical abilities.
• Solid interviewing skills.
• Able to use a financial calculator and related computer applications and business machines.
• Able to read financial statements and analyze them.
• Tenacity and drive to source new business and assist business owners in financial problem solving.

To apply for this exciting opportunity, visit our careers page at

Kirtland Credit Union is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.