Job description

Commercial Banking Officer I Opportunity at Stanford Federal Credit Union!
We’re on a mission to improve financial lives! If you’re a high-energy, compassionate, and collaborative individual yearning to make a difference, we need you on our team! Members really do come first at Stanford FCU because we’re non-profit and owned by our members. Our members work for Stanford University and some of the most innovative companies in Silicon Valley—and we provide them with the most generous financial benefits in our industry.
Stanford FCU is a $4 billion company with a global reach—86,000 members in 90 countries and growing! Come grow with us and see what it’s like to work for a Bay Area Top Workplace. As our CEO says, “we work hard, and we play hard”, and we need your help to improve even more financial lives!
Who YOU are:

• As an employee of Stanford Federal Credit Union you will work ins in a -centered culture where you will be provided with the knowledge, training and opportunities to assist members in making the best financial decisions for their present and future needs. Our workplace culture values each members unique experiences, background and perspectives and provides a collaborative environment for all employees to grow and thrive. Together we can make a difference in the financial lives of our members and community.
• You must be an energetic individual with an attention to detail and enjoy working in a collaborative environment.
• You must have experience in credit analysis, including spreading of financials, market research and assessing risk ratings.
• CBO I will be responsible to generate & underwrite small business loans, business credit cards, and participation purchases. This position will also assist the portfolio managers in annual loan reviews. The CBO I will maintain a portfolio of participation loans, small business loans and CRE loans.
• This person must be able to work independently under the supervision of the CBO III.

What YOU’LL do:

• Spread financial statements, prepare cash flow analysis and risk ratings
• Underwrite business credit cards, small business loans & participation loans. Prepare and submit credit memo for approval
• Determine loan documentation file is complete and properly executed to ensure enforceability and ensure proper lien position
• Independently and accurately prepare annual loan reviews for portfolio managers
• Assist in projects undertaken by Credit Administration team
• Complete market and collateral research and assess desktop valuation to collateral
• Analyze and underwrite more complex credit request and memos for approval. Present deals to committee when necessary. Research market conditions and proper due diligence on all loan requests
• Assist in processing loans for closing
• Understands and stays abreast of changes to SFCU Policy, Procedures, NCUA, Federal and State Regulations as it pertains to Credit Unions as well as BSA laws and regulation applicable to area of responsibility.
• Maintains current knowledge of general economic conditions or changing trends that may affect the Credit Union’s business loans.

Some of our benefits for YOU:

• 100% paid employee medical, dental, vision, life/AD&D and short-term disability insurance for the employee; 50% paid for dependents
• Employer 401(k) matching up to 5% plus additional annual discretionary contributions
• Education reimbursement up to $5,200/year
• Up to $500 per year in health/fitness benefits
• Employee recognition program with cash incentives
• Paid Sick Time accrues at two weeks per year
• Paid Vacation Time accrues at three weeks per year
• Paid Federal banking holidays (approximately 10 per year)
• Ongoing training and education, seminars, and conferences
• Loan rate discounts on some products (vehicle, mortgage and HELOC loans)
• Waived fees and deposit bonuses on Stanford FCU accounts
• Flex health/transit plan availability
• Employee Assistance Program with free benefits like counseling, help finding legal assistance and day care resources

If you are ready for this awesome opportunity (or know somebody who is) please contact us today!
Please Note: SFCU does not provide work visa sponsorship or accept visa transfers for any positions. Applicants that require work visa sponsorship or transfer will not be considered for employment. SFCU does not provide any relocation benefits for any positions.
Stanford Federal Credit Union is committed to equal employment opportunities, and a workplace that embraces diversity and inclusion for qualified individuals of all backgrounds.

Job Type: Full-time

Pay: $78,900.00 - $108,500.00 per year

colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, colinoncars.com is the ideal place to find your next job.