Loan Officer II
$85k - $95kFull-time
Bank of Hope
- Keep abreast of industry changes, local economic, financial and legislative events which may have an impact on commercial lending activities.
- Analyze cash flow, liquidity, profitability, leverage and other financial ratios and be able to come to various conclusions, including evaluation of collateral and other relevant credit information.
- Prepare loan presentations that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of borrower’s surrounding credits.
- Recommend or deny loan requests in conformance with banking regulations and Bank’s loan policies and procedures.
- Gather documents to perfect the security interest in collateral, if applicable.
- Detect early warning signs of problem loans and immediate notification to a supervisor, Chief Credit Administrator, Loan Review, or Loan Servicing.
- Monitor loan covenants and conditions per loan agreement and report any violation to manager.
- Assist in loan closing and funding including obtaining signatures on loan documents according to the Bank’s procedures.
- Analyze collateral values and insurance coverage.
- Collect loan accounts and overdraft information.
- Submit reports of calls made and document customer contact.
- Meet customers regularly and seek opportunities to grow relationship.
- Conduct site visits and on-site interviews under the supervision of a portfolio manager.
- Comply with regulatory requirements including but not limited to: Reg B, HMDA, Bank Secrecy Act, OFAC, and USA Patriot Act, CRA, Privacy, and Security.
- Comply with the Bank’s security program, including but not limited to:
- Review and comply with the End-User Computing Agreement.
- Acquire good knowledge on functions and usage of computer systems as related to the assigned job functions.
- Be current and knowledgeable in industry’s trend in safeguarding the Bank against confidential data leak, identity theft, fraudulent activities, and computer security threats.
- Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.
- Mentor junior lending staff.
- Occasional local travel is required, as may participate in client meetings with Relationship Managers.
- Participate in community organizations and/or events to help the Bank meet its CRA Objectives.
- All other reasonable duties as assigned.
- Minimum Education Level: Bachelor’s Degree, preferably in Accounting and Finance
- Minimum Job Experience: 3-5 years of commercial lending experience
- Language requirements: Korean bilingual preferred
- Computer/software skills: Intermediate with MS Applications
Job Qualifications/Requirements
The salary range for this full-time position is $85,000.00 - $95,000.00 annually + bonus + benefits
Salary ranges are determined based on qualifications, level, and location.
Exact compensation may vary based on your skills and experience.
Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.
Vacancy posted 2 days ago
Similar jobs that could be interesting for youBased on the Loan Officer II in Fort Lee, NJ vacancy
$250k
...departments to ensure cohesive business flow. Equipment : Uses such office equipment as computer terminals, copiers, and FAX machines.... ..., compiles, and inputs application information for mortgage loans. Discuss and advise the client of their home loan options....SuggestedWork at officeHome officeParamount Residential Mortgage Group
Cliffside Park, NJ5 days ago- ...assist more experienced commercial lenders with larger dollar value loans or complicated commercial loan transactions. Analyzes and... ...Schedule:This role is eligible for a hybrid schedule: 3 days in the office and 2 days work from home, based on business needs. This...SuggestedWork at officeLocal areaWork from home
- ...is seeking a Sr. Commercial Credit Analyst II in Fair Lawn, NJ. This role involves... ...analyzing information related to commercial loans. Key responsibilities include preparing credit... ...and providing guidance to loan officers and analysts. Candidates should have a Bachelor...Suggested
- ...New Jersey is seeking an experienced Commercial Lender to maintain and develop customer relationships while managing a portfolio of loans. This role involves analyzing complex loans, approving them as per lending authority, and developing new business relations. The ideal...SuggestedLocal area
- ...Conducts complex credit investigations and analyzes credit information pertaining to commercial loans. Prepares credit analysis memorandums for presentation to lending and credit officers or loan committees. Provides guidance to credit analysts, Associate Development Program...SuggestedWork from home
- ...umbrella of Caliver Beach Mortgage! • Uncapped commissions! • Loan products for all borrower types! • Add additional LO's to... ...History of closing at least 3-5 units per month. Loan Officer Requirements: • An active NMLS/MLO license (required). •...Remote work
Caliver Beach Mortgage, LLC
Jersey City, NJ3 days ago $50k
...family, multi-family and mixed-use properties as well as DSCR rental loans for long term investors. We have closed thousands of loans since... ...is seeking a highly motivated and results-driven DSCR Loan Officer to join our Inside Sales Team. This role is focused exclusively...Asset Based Lending LLC
Jersey City, NJa month ago$1,000 per month
...this by empowering our employees, encouraging innovative solutions and recognizing great performance. Principal Duties: Sell loan products offered by NewRez Contact prospective clients to develop and maintain referral sources. Meet with prospective clients...NewRez LLC
Ridgewood, NJ5 days ago$25.63 - $34.18 per hour
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life,...Full timeWork experience placementLocal area3 days per week$184.02k
...401K Responsibilities Primary duty is to sell mortgage loans to customers Generate new business by building and maintaining... ...with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals...Full timeRemote workWelcome Home Mtg llc
Hackensack, NJ26 days ago- ...Mortgage Loan Originator Job Summary: At My Mortgage, Inc., we pride ourselves in our fairness and honesty and we truly care about... ...Diploma or equivalent. ~ Certification of any mandatory state loan officer training or licensing required. ~2+ Years as a Loan officer....Full timePart timeWork at officeLocal area
My Mortgage Inc.
Hackensack, NJ5 days ago - ...will possess a strong commitment to exceptional customer service, excellent interpersonal skills, and the ability to explain complex loan options and terms in a clear, compassionate manner. The ideal candidate also upholds a dedication to building and maintaining a...Hourly payFull time
Ion Bank
Englewood, NJ1 day ago $184.02k
Welcome Home Mortgage llc is seeking a motivated mortgage loan officer to sell mortgage loans to customers in New Jersey and surrounding states. The role requires generating new business through strong relationship-building skills and deep knowledge of mortgage products...Remote jobFull time- Job Summary Job Description Job specifications include, but are not limited to: Insurance portfolio management - Manage insurance portfolios of Trade Credit insurance, Marine Cargo, Property and Casualty and etc. - Examine insurance...
CESNA GROUP INC
Ridgefield Park, NJ1 day ago $19 - $21 per hour
...volume credit, collections, or accounts receivable role ~ Call center and customer service experience ~ Proficiency in Microsoft Office (especially Excel); advanced skills a plus ~ Strong organizational and time-management skills ~ Excellent verbal and written...Hourly payWork at officeManhattan Beer Distributors
Bronx, NY5 days ago$87.2k - $124.5k
...is expected to increasingly work with and assist the Commercial Loan Officers on customer calls. The incumbent will assist in training less... ...confidence for the ability to mentor and train Credit Analyst I & II. PREFERRED QUALIFICATIONS: ~ MBA WORKING...Temporary workLocal areaFlexible hoursProvident Bank
Paramus, NJ3 days ago- Columbia Bank is seeking a Commercial Lender II in Fair Lawn, NJ. The role requires maintaining a portfolio of customer relationships and analyzing complex commercial loans. A bachelor’s degree and a minimum of 8 years of experience in Commercial Lending are required. Responsibilities...
- ...institution since 1893. Originally established as Bogota Savings and Loan, we converted to a State Mutual Savings Bank in 1996 and later... ...and prospective borrowers. Reporting to the Chief Lending Officer, you will ensure that credit decisions are informed, compliant,...Local area
Bogota Savings Bank
Teaneck, NJ3 days ago - ...About the Role A well-established financial institution is seeking a Senior Loan Officer for its Fort Lee, New Jersey branch. The organization has a strong U.S. presence and provides a full range of commercial, residential, and business lending services. This role...Relocation package
DHD Consulting
Fort Lee, NJa month ago - Job Description Job Description Position Summary The Credit & AR Analyst is responsible for managing customer accounts, monitoring accounts receivable, evaluating customer creditworthiness and supporting the company's cash flow through effective collections and ...Visa sponsorship
POSCO INTERNATIONAL AMERICA CORP
Teaneck, NJ9 days ago - Job Description Job Description [Job Description] Key Responsibilities Credit Management -Evaluate new customer credit applications and recommend appropriate credit limits. -Conduct financial statement analysis and credit risk assessments. ...
Cesna Recruitment
Teaneck, NJ16 days ago - Paramount Residential Mortgage Group Inc. (PRMG Inc.) is seeking newly licensed loan originators in Cliffside Park, New Jersey. PRMG focuses on helping originators succeed through a supportive culture and comprehensive services. The role involves developing strategies,...
$140k - $250k
...on-site fitness facility at Red Bank and Toms River headquarter offices, employee perks & discount programs, tuition assistance, incentive... ...position is accountable for the development of a commercial loan portfolio and broadening the Bank's reputation by utilizing their...Work experience placementLocal area$140k - $250k
...Bank's target markets.WHAT YOU WILL DO LISTDrives the construction loan portfolio revenue growth objectives by identifying and executing... .... Makes joint calls with Branch Managers, Business Development Officers, Trust Officers, junior lending staff and Loan Originators as...Local area- ...Job Description Job Description BASIC FUNCTION This is a hybrid position with experience in both Loan Workout and Portfolio Management. A Loan Workout Officer is a critical player in the banking and financial sectors, dedicated to managing distressed loan portfolios...Temporary workLocal areaFlexible hours
Spencer Savings Bank
Elmwood Park, NJ25 days ago $80k - $100k
Bank of Hope is seeking a commercial lender to analyze and evaluate loan applications. The role involves preparing loan presentations, monitoring loan agreements, and ensuring compliance with banking regulations. Candidates must have over 5 years of experience in commercial...- ...Job Description Job Description Job Summary: Loan processor collects and verifies the borrower(s) personal information and financial... ...documents borrower files and enters information into the office data management system. 2) Assure that all borrower(s) files are...Part timeWork at officeMonday to Friday
York Insurance Agency, Inc.
New Rochelle, NY11 days ago - ...Licensed Loan Officer Assistant CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been...Temporary workWork at office
$280k - $350k
...your work helps shape the future of finance.What We’re Looking ForCross River is seeking a seasoned and strategic Chief Credit Risk Officer to lead and oversee all aspects of credit risk management across the Bank including Fintech Banking, Commercial Banking, and...$150k
...Job Description Job Description Commercial Loan Specialist – Help Business Owners Access the Capital That Moves Their Business Forward If you are the kind of person who genuinely enjoys working with business owners, solving real financial challenges, and playing...TraineeshipCommercial Collateral Lending NJ
Jersey City, NJ25 days ago
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Loan Officer II. Be the first to apply!
