What are the responsibilities and job description for the Commercial Loan Officer position at On Tap Credit Union?
At On Tap Credit Union, we’re not just funding businesses — we’re fueling growth in the communities we serve. We’re looking for a driven, relationship-focused Commercial Loan Officer who thrives on building connections, generating new business, and delivering smart, consultative financial solutions.
If you’re passionate about business development, credit analysis, and becoming a trusted advisor to your clients — this role is for you.
What You’ll Do
Drive Business Growth
- Generate new commercial lending opportunities through networking, referrals, and community involvement
- Build strong relationships with business members, prospects, and key partners (CPAs, attorneys, brokers, etc.)
- Identify and develop deposit and treasury relationships alongside lending opportunities
- Represent the Credit Union at community and industry events
Originate & Structure Loans
- Evaluate borrower financials, creditworthiness, and repayment capacity
- Structure loan terms and make sound credit decisions within authority
- Prepare and present loan packages, including financial analysis and risk assessments
- Coordinate loan documentation and ensure efficient, timely closings
Manage & Grow Your Portfolio
- Maintain a high-quality commercial loan portfolio (typically under $10MM in relationships)
- Monitor financial performance, including statements, tax returns, and cash flow
- Proactively identify and mitigate credit risk
- Ensure compliance with loan covenants and reporting requirements
Deliver Exceptional Member Experience
- Act as a trusted advisor to business members, providing tailored financial solutions
- Build long-term relationships that support member success and loyalty
Support Risk & Compliance
- Assist with problem loan resolution and risk mitigation strategies
- Ensure compliance with all applicable regulations (BSA, OFAC, USA PATRIOT Act)
- Maintain accurate and complete loan documentation
What Makes You a Great Fit
- You’re a natural relationship builder who enjoys being active in the community
- You think like a business partner, not just a lender
- You’re confident analyzing financials and structuring deals
- You balance growth with strong credit discipline
- You thrive in a fast-paced, goal-oriented environment
- Passionate about beer is a plus!
Qualifications
- Bachelor’s degree in finance, business, or related field (preferred)
- 3–5 years of experience in commercial lending, credit analysis, or business banking
- Strong knowledge of financial statement analysis, cash flow, and credit structuring
- Experience with loan origination systems and financial analysis tools preferred
Why Join On Tap Credit Union?
- Be part of a growing, community-focused organization
- Opportunity to build your own portfolio and market presence
- Collaborative, team-oriented culture
- Ability to make a meaningful impact on local businesses
Compensation
Base salary $70k to $85k dependent upon skills and experience incentive/commission (no cap) structure designed to reward production, performance, and relationship growth – and awesome benefits!
Ready to help businesses grow and make an impact in your community? Apply today and join the On Tap team.
Salary : $70,000 - $85,000