Royal Credit Jobs (NOW HIRING)

Do you thrive in a fastpaced financial environment and enjoy developing strong business relationships? Become a Commercial Portfolio Specialist at Royal Credit Union in our Minnesota Market! In this role, you’ll support our commercial lending team, analyze complex financial data, help structure highquality business loans, and make a meaningful impact on the Members and communities we serve.

Why Royal?

• Member and Community Focused: We are dedicated to making a positive impact on our Members and the communities we serve, going beyond financial services to enrich lives and foster growth.
• Supportive Environment: Join a collaborative, values-driven workplace that is always evolving. We support each other and work together to achieve our goals.
• Professional Growth: We offer numerous opportunities for training and advancement, helping you continuously develop and advance your skills.
• Empowerment: We empower our team members to make decisions and drive initiatives that help our Members achieve their financial goals. Your ideas and contributions are valued and encouraged.
• Community Involvement: Engage with your local community through various initiatives and events, making a tangible difference where you live and work. Be part of something bigger.

What You’ll Do:

The Commercial Portfolio Specialist supports the Vice President Commercial Loan Officer(s) in managing a complex portfolio of diverse, quality, and profitable commercial and commercial real estate loans and deposits. The incumbent will gather and analyze financial data and evaluate loan applications to make appropriate recommendations regarding product offerings, loan structuring, pricing, and approval. Develop and maintain strong relationships with existing and prospective Members. Participate in overall credit/risk management, portfolio management, and servicing of assigned portfolio. Ensures compliance with lending policies and procedures. Actively collaborate with other Royal Team Members to help meet Members' specific commercial lending, commercial real estate lending, and deposit and cash management needs.

Our Commitment To You:

• Compensation: $128,900 - $154,800 annually. This is an exempt-level, salaried position. (candidates with significant related experience may be higher)
• Benefits: Royal is proud to take care of our team members and their families! In addition to our comprehensive medical, dental, and vision insurance plans, Royal offers a 5% 401k employer match, paid family and sick leave, vacation and sick time accruals, childcare reimbursement, tuition and student loan debt assistance, pet insurance, and much more!

What’s Needed For This Position:

• Bachelor’s degree in Finance, Accounting, Business, Economics, or related field or equivalent business lending work experience
• Five years of business loan account relationship management experience, business credit underwriting experience, or a combination of both
• Thorough knowledge of lending regulations and credit/underwriting practices
• Must be bondable
• Valid driver’s license and insured vehicle

Knowledge, Skills & Competencies:

• Financial & Technical Expertise: Strong understanding of financial services, commercial lending terminology, financial statement analysis, loan documentation, appraisals, environmental reports, and digital banking platforms; readily learns new technologies and uses Royal’s digital solutions effectively.
• Analytical & Critical Thinking: Ability to evaluate complex financial data, interpret trends, assess credit risk, analyze spreadsheets, weigh costs/benefits, and make confident, evidencebased decisions in fastpaced conditions.
• Communication & Relationship Building: Excellent written and verbal communication skills; able to question, listen, and identify Member needs; presents information clearly; develops strong Member and community relationships; experienced in business development.
• Organization & Time Management: Demonstrates strong planning skills, meets deadlines, prioritizes work effectively, manages high work volume, provides others with needed information, and works independently with minimal supervision.
• ProblemSolving & Collaboration: Identifies options, evaluates solutions, anticipates concerns, addresses issues professionally, influences others constructively, and works collaboratively across departments to support Member needs and organizational goals.

We’d Love To See:

• Experience in commercial loan documentation

Work Schedule:

• The location for this position would be at one of the following locations: 
  • White Bear Lake MN
  • Edina MN
  • Arden Hills MN 
• This position is part of Royal's workplace flexibility program and has some ability to be hybrid after a few months of training and proficiency in the position.

Training:

• Prior to starting a normal work schedule, new Royal team members must attend Foundation Training at our Corporate Center in Eau Claire, WI from 9:00am - 4:30pm on Monday and Tuesday during their first week of employment. Out of town learners will be reimbursed costs related to travel and lodging.
• Foundation Training covers fundamental information about Royal’s culture and core values which sets the stage for team members to be successful within our organization.

Ready to make a positive impact? APPLY NOW if you are ready to take on this exciting challenge to contribute to our mission and become a part of the Royal Credit Union family!