Commercial Loan Officer

Job Description

Job Description

Mountain Pacific Bank is looking for a full-time Commercial Loan Officer to join our customer-focused and enthusiastic team in Bellingham.

Recognized by the Independent Community Bankers Association (ICBA) as one of the Best Community Banks to Work For, Mountain Pacific Bank is committed to fostering a positive work environment, providing opportunities for professional development, and promoting a culture of inclusion, empowerment, and community engagement.

Started by 17 local business and outstanding community leaders, Mountain Pacific Bank is a Community Bank dedicated to serving Whatcom, Skagit, Snohomish, and King Counties. An equally important part of our plan is to reinvest in the community with resources, time and talents.

Your Role
The Commercial Loan Officer is responsible for soliciting, negotiation, underwriting and coordinating the closing of all types of loans, including: C&I, CRE, and business loans, in compliance with the Bank’s lending policies and procedures. The Commercial Loan Officer assists in attaining established Bank goals through active participation in sales management and officer call programs. This position handles a portfolio of moderate to complex level of commercial loans.

Essential Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Establishes and services a sound loan portfolio by cultivating new business and expanding existing portfolio. 
• Provides quality customer service to area businesses and professionals. 
• Calls on potential and existing customers to develop new business and increase and retain existing business. 
• Solicits, develops, and services a wide variety of commercial loans and lines of credit, both secured and unsecured. 
• Interviews loan applicants and analyzes applications and supporting credit information to determine needs, abilities, and earnings to determine whether the loan would be an acceptable risk within accepted lending practices and current Bank policies. 
• Analyzes complex business transactions across all industries, ranging from commercial to industrial loans to income producing real estate loans. 
• Monitors assigned credits for compliance with terms of loan approval. 
• Provides direction to Credit Analysts in the development and analysis of financial background data for new or renewed loans and may perform credit analyst functions on occasion. 
• Provides clients appropriate and profitable financial solutions to their current and changing financial needs. 
• Arranges credit/deposit facilities for new and existing customers. 
• Manages existing portfolios to maximize client profitability. 
• Participates in various community service or social organizations on behalf of the Bank. 
• Performs other related duties as assigned. 

What You'll Bring

• Knowledge and understanding of the Bank’s products, services, Loan Policy and procedures, along with general knowledge of federal and state laws and regulations that govern commercial/business lending. 
• Excellent business development and client cultivation skills. 
• Excellent written and verbal communication skills. Understanding of effective communication concepts, tools, and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors. 
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry. 
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. 
• Ability to manage multiple assignments, projects, groups, or activities, making effective judgments as to prioritizing and time allocation. 
• Proficient knowledge and use of MS Office products (Word, Excel, Outlook) with the ability to learn and adapt to new technologies quickly. 

 
Education and Experience

• Five or more years of commercial lending/relationship management experience. 
• Bachelor’s degree in finance or related field preferred. 
• Formal credit training. 

 

Physical Demands

While performing the duties of this job, the employee is constantly required to view computer screens, remain in a stationary position, and operate a computer and other office productivity machinery, such as a multi-line telephone, copy machine, scanner, fax, and computer printer. The employee needs to frequently communicate with internal and external contacts and move about inside the office to access file cabinets, office machinery, etc. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

• Climate controlled business office environment. 
• Ability to work in artificial light for extended periods of time. 
• Noise level is usually moderate. 
• Work involves being able to concentrate on the matter at hand, under sometimes distracting work conditions and frequent interruptions during the day. 
• This is a full-time position: Monday through Friday; 40 hours per week. 
• Work requires regular attendance, punctuality, and adherence to agreed-upon schedule with willingness to work a flexible and/or rotating schedule and/or extended hours, as needed. 

Travel Required

• Minimal (5%-10%) local, non-overnight travel.

Other Duties
The above job description is not intended as an all-inclusive list of the essential functions which the individual will be required to perform. The individual may be required to perform other reasonable business-related duties and tasks, as assigned, at the discretion of management. Mountain Pacific Bank reserves the right to change or modify this job description, as needed, at any time, with or without notice. This job description does not constitute a written or implied contract of employment or otherwise modify the terminable at will employment relationship. 

Mountain Pacific Bank promotes equal opportunity workplace. The physical demands and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations will be made to enable individuals with disabilities to perform essential functions.

Mountain Pacific Bank is committed to equal employment opportunity. We will not discriminate against employees or applicants for employment on any legally recognized basis [“protected class”] including, but not limited to: veteran status, uniform service member status, race, color, age, religion, sex, national origin, physical or mental disability or any other protected class under federal, state or local law.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Job Type: Full-time in person
Pay: $90,000 to $150,000 annual salary

Benefits:
Bonus Opportunity (based on company and individual performance)
401(k) with matching contribution
Comprehensive medical, dental, and vision insurance with 100% of employee base premiums covered.
Healthcare and Dependent Care Flexible Spending Account
Minimum of 10 paid vacation days per year*, with minimum of 15 paid vacation days after 1 year of employment.
2 additional PTO days annually**
11 paid holidays
8 hours of paid sick time per month*
Paid Life, AD&D, and Long-Term Disability insurance
Employee assistance program
Referral program
Tuition reimbursement
Mountain Pacific Bank account and loan perks

*pro-rated from start date and/or hours worked
**granted every January 1st