Find & Apply For Loan Officer Jobs in Fairbanks, Alaska

Business Loan Specialist Fairbanks, AK 99701 From $49,920 a year - Full-time From $49,920 a year - Full-time Spirit of Alaska Credit Union is seeking a detail-oriented and member-focused Business Loan Specialist to support our Business Lending team. In this role, you will play a vital part in the commercial lending process by coordinating loan origination, processing, closing, funding, and servicing activities. The ideal candidate will thrive in a collaborative environment, possess strong organizational skills, and demonstrate a commitment to delivering exceptional service to our business members. As a key member of the lending team, you will help ensure a seamless lending experience while supporting local businesses and contributing to the growth and success of our members and communities. Visit our website spiritofak.com/employment for a complete job description and employment application. Salary will be determined based on candidate experience, qualifications, and education. Spirit of Alaska Credit Union offers a competitive benefit package that includes medical, dental and vision insurance, life insurance, disability benefits, 401(k) plan and more.

Qualifications:

High school diploma or equivalent required; college degree preferred. Prior experience in loan servicing, loan processing, or a financial institution environment preferred. Relevant education, including an associate's or bachelor's degree in business, finance, accounting, or a related field, may be considered in lieu of experience. Strong verbal and written communication skills with a member-focused mindset. Proficiency in Microsoft Office applications (Word, Excel, Outlook), with the ability to quickly learn new systems and technologies. Excellent organizational, analytical, and problem-solving skills. Ability to work independently, manage multiple priorities, and meet deadlines. High attention to detail with a strong commitment to accuracy and quality. Ability to handle sensitive information with discretion and maintain strict confidentiality.

Job Duties:

Commercial Loan Processing & Closing Coordinate and facilitate the commercial loan process from approval through funding and boarding. Review loan approvals, underwriting conditions, and supporting documentation to determine required documentation and closing conditions. Order and track third-party reports required for loan approvals, including appraisals, title policies, environmental reports, and other due diligence documentation. Review credit approvals, loan requests, and supporting documentation to determine required loan documentation and collateral requirements. Prepare loan documents and ensure proper perfection of collateral securing business loan requests. Assist with loan closings and funding activities as directed by lending officers. Verify, validate, and board loan information accurately within credit union systems following closing. Process collateral filings and documentation with appropriate agencies and third parties to ensure security interests are properly recorded. Coordinate payment of fees and expenses related to loan documentation, collateral perfection, and third-party services. Fund, board, verify, and validate loan data within the core system following loan closing. 2. Loan Servicing & Portfolio Administration Maintain organized electronic and physical loan and collateral files in accordance with regulatory and credit union requirements. Monitor loan covenants and financial reporting requirements, proactively following up with members to ensure compliance with loan agreements. Perform loan maintenance transactions, payment processing, transfers, and account updates within core processing systems. Process loan payoff requests, verify satisfaction of loan obligations, and prepare documentation necessary for collateral releases. Assist with ongoing portfolio management and administrative support for the Business Lending department. 3. Member Service & Relationship Support Deliver exceptional service to business members by responding to inquiries promptly, professionally, and accurately. Serve as a resource regarding business lending products and services, helping members understand available financing options. Coordinate with members and lending officers to obtain documentation required for loan applications and closings. Support business development efforts by assisting lending officers with relationship-building and member outreach activities. Assist with coverage of the loan lobby by greeting members, answering questions, directing inquiries, and supporting lending staff to ensure a positive member experience and efficient branch operations. Meet with mortgage members as needed to assist with mortgage-related requests. 4. Compliance & Professional Development Maintain current knowledge of credit union policies, procedures, and applicable federal and state regulations governing commercial and business lending. Ensure compliance with internal controls, lending policies, and regulatory requirements. Participate in training and professional development opportunities to enhance job knowledge and performance. 5. Additional Responsibilities Perform other duties and special projects as assigned to support departmental and organizational objectives.

Job Type:

Full-time Pay:

From $49,920.00 per year

Benefits:

401(k) 401(k) matching Dental insurance Employee discount Flexible spending account Health insurance Life insurance Paid time off Vision insurance

Education:

High school or equivalent (Required)

Experience:

Loan processing: 1 year (Preferred) Ability to

Commute:

Fairbanks, AK 99701 (Required)

Work Location:

In person