Lending solutions, simplified.
Commercial Loan Officer
Location
Illinois
Posted
1 day ago
Salary
$100K - $130K / year
Seniority
Senior
Job Description
Commercial Loan Officer
Cooperative Business Services (CBS)
• Generate, evaluate, and structure commercial loan opportunities, including CRE, term loans, lines of credit, and SBA 7(a)/504 products. • Perform initial financial analysis and pre-screening to assess creditworthiness and deal viability. • Coordinate with internal teams (underwriting, closing, and administration) to efficiently move loans from origination through closing, ensuring complete and accurate documentation. • Serve as a primary point of contact for borrowers, credit union partners, and internal stakeholders to ensure a seamless lending experience. • Build and maintain referral networks (CPAs, brokers, attorneys, etc.) and represent the organization at events to generate new opportunities. • Educate clients and partners on lending solutions, maintain regular touchpoints, and support long-term relationship expansion. • Stay informed on market trends and collaborate with marketing on targeted business development initiatives. • Uphold high levels of responsiveness, professionalism, and service in all interaction.
Job Requirements
- Bachelor’s degree in Finance, Business, Accounting, or a related field (or equivalent experience).
- 5+ years of experience in commercial real estate lending.
- Syndication/participation lending knowledge highly preferred.
- Strong understanding of commercial loan products, credit analysis, and underwriting fundamentals.
- Strong communication and interpersonal skills, with the ability to effectively engage borrowers, partners, and internal stakeholders across varying levels of financial knowledge.
- Demonstrated ability to build relationships and collaborate cross-functionally while contributing to shared business goals.
- Proven organizational and project management skills, with the ability to manage multiple deals and deadlines simultaneously.
- Solid financial acumen, including the ability to interpret financial statements, assess credit risk, and support sound lending decisions.
- Knowledge of commercial lending markets, including industry trends, customer needs, and competitive dynamics.
- Effective sales and negotiation skills, with the ability to identify opportunities, structure solutions, overcome objections, and close deals.
Benefits
- Base compensation for this role ranges from $100,000 - $130,000
- This role is also eligible for the Commercial Lender Incentive Program
- Cell Phone Reimbursement
- Remote Work Environment
- Generous Holidays: Take advantage of 13 paid holidays each year
- Community Service Time: You will have eight hours of paid time each year for volunteer work. You can use this individually or join group activities.
- Comprehensive Insurance Coverage: Choose from a selection of medical, dental, vision, and supplemental benefit plans to suit your needs. Additionally, the company provides company-paid Short-Term Disability (STD), Long-Term Disability (LTD), and life insurance equivalent to 1 time your salary.
- 401(k) Plan: The company provides a generous matching contribution of up to 6%.
- Tuition Assistance
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