Commercial Loan Officer - Ketchikan Financial Center

Employee Benefits:

• Medical, Dental and Vision insurance, including FSA (Flex Spending Account)
• Paid Time Off to include select paid holidays
• Retirement Benefits with generous 401K match

Some Other Favorite Employee Benefits Include

Paid Parental Leave, Education Assistance, Employee Assistance Program, Employee Wellness Program and much more!

Position Summary

The Loan Officer manages a loan portfolio in the areas of commercial loans with the overall objective of developing customer relationship, and maintaining and improving its asset quality. This position actively calls on new and prospective bank loan clients and makes referrals to other areas of the business. Main duties include business development, loan interviews, cash flow and credit analysis, preparation of loan requests for approval. The Loan Officer also monitors performance of loans and borrowers’ ability to repay, collects delinquencies and restructures loans as necessary. 

 The Loan Officer participates in CRA activities within the lending area, completes research, projects, reports and/or tasks in supporting the Lending Division.

 The position may originate, manage and service SBA, USDA, and BIA loans as a Government Program Specialist.

 The following duties are intended to provide a representative summary of the major duties and responsibilities and ARE NOT intended to serve as a comprehensive list of all duties performed by all employees in this classification. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional duties. 

Essential Duties and Responsibilities 

1. Generate new business to include loan relationships as well as deposit products from customer calling efforts and referrals.
2. Review loan requests and present recommendation for approval or denial of requests in a timely, yet thorough manner consistent with Northrim Policy and regulatory guidelines.
3. Monitor booked loans to maintain compliance with loan agreement and bank policy.
4. Maintain low-level delinquency in portfolio consistent with bank guidelines.
5. Complete relevant internal and external training opportunities assigned by the Loan Unit Manager. 
6. Participate in committees, task forces and special projects as assigned.
7. Represent Northrim Bank at community events, trade shows or other functions outside the bank as needed.
8. Participate in bank-wide activities, events and meetings.
9. Complete online, written and in-person compliance training within established timeframes.
10. Other duties as assigned.

Government Guarantee Loan Function

1. Facilitate SBA business loan requests from application through credit evaluation/underwriting to loan closing. Must authenticate all loan documentation and follow up with all necessary required documentation and present credit recommendations to final approver.
2. Prepare appropriate documents for submission to the corresponding government agency. 
3. Assist with analysis/design of new business services for government guarantee products.
4. Monitor and track SOP changes to ensure the government guarantee portfolio requests are in compliance.
5. Works with customers and internal staff to monitor government guarantee loan exceptions on existing loan portfolio. Follow up as needed to safeguard necessary documents are completed.

Qualifications 

Education

• Bachelor’s degree in a related field. 
• Equivalent combination of education and/or experience that fulfill the requirements of the position may be considered.
• Related military education/experience may be used as a substitute for education or work experience.

Experience

• Three years of progressively responsible work experience in a financial institution to include one year of direct lending experience required. 
• Sales/account management experience required. Small business lending experience preferred.

Knowledge & Communication Skills