Senior Portfolio Manager Commercial Loan Underwriter

Salal Credit Union is looking to add a new Senior Portfolio Manager (Commercial Loan Underwriter). This is a great opportunity to join our Credit Administration team in a highimpact role where your credit expertise directly shapes the strength and performance of our commercial loan portfolio.

This role is hybrid with the expectation that team members will report to our Northgate Seattle headquarters office 1-2 days per week.

In this role you will:

• Review member applications and loan inquiries structuring and recommending commercial transactions that align with Credit Union policy regulatory requirements and prudent credit risk standards
• Prepare concise highquality credit approval narratives including financial spreading and cash flow analysis risk rating collateral evaluation (LTV and property characteristics) and assessment of market legal and structural risks
• Partner with loan production teams to obtain complete credit information and ongoing reporting; communicate directly with members and borrowers in a professional relationshipfocused manner
• Review analyze and approve appraisals and other thirdparty reports to support sound underwriting decisions
• Actively manage the commercial loan portfolio including annual reviews risk rating changes problem credits modifications and overall credit quality monitoring
• Conduct site inspections as needed and maintain accurate physical and electronic credit files including covenant tracking
• Provide timely portfolio updates and credit recommendations to management and Credit Committee presenting credits clearly and confidently while meeting service level expectations
• Serve as a senior credit resource supporting leadership production staff and crossfunctional partners through strong communication and subjectmatter expertise

Our ideal candidate would have:

• 5 years of experience underwriting commercial lending
• Bachelors degree in Accounting Business or Finance preferred
• A strong understanding of commercial banking terms and definitions including analyzing C&I and CRE deals
• Strong credit acumen including auditing math and financial analysis aptitude
• Strong attention to detail accuracy quality quantity and timeliness of work

Compensation and Benefits Offered:

• This role has a posted salary range of $96975 - $135765 which reflects the full compensation range for the position over time. Most offers are expected to fall between $110000 - $122000 depending on qualifications and experience.
• Potential to earn additional compensation annually based on company goal acheivment.
• Comprehensive healthcare benefits including health dental and vision insurance. Our high deductible plan options include a health savings account (HSA) with annual company-paid contributions.
• Generous time off including 15 days of vacation 12 days of sick time 2 floating holiday per year and Paid holidays.
• Tuition reimbursement.
• 401(k) plan with company matching after 6 months of employment.
• Charitable contribution matching.
• Company-paid life AD&D and long-term disability insurances. Plus additional optional benefits.

Expanded details about our benefit offerings can be found on our company careers page:

ABOUT SALAL CREDIT UNION

We have helped thousands of members manage their money by making bold measured decisions to offer the right products to each person. Our mission is to break down financial barriers for the innovators in our community by offering good rates low fees and dedicated personal services. Beyond that we are committed to giving 5% of our annual income to help people and causes in the communities we serve because we know that many small actions when added together can make big impacts.

Helping our employees build and achieve their career goals is equally important to us and we are dedicated to fostering a positive work environment where they can thrive. We strongly prioritize their growth and development as well as their impact to the community so we can be an institution that our employees are proud to be a part of.

Salal Credit Union strives to maintain a work environment free from discrimination where employees are treated with dignity and respect. Salal Credit Union does not discriminate on the basis of race sex gender identity religion/creed pregnancy age physical or mental disability size or shape marital status national origin genetics/genetic markers military or veteran status sexual orientation or any other characteristic protected by applicable laws. We adhere to these principles in all aspects of employment. We believe that by adhering to these policies we can cultivate a welcoming environment by embracing each individuals identities and abilities.

To request a reasonable accommodation in order to complete your application or if you need this job announcement in an alternative format contact the Talent Acquisition Team at . If you do not have internet access you may visit your local public library or any WorkSource location and use their computers.

Salal Credit Union participates in E-Verify.

Required Experience:

Manager