Commercial Loan Officer jobs in West Orange, NJ

Commercial Loan Officer solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Loan Officer
  • Paramount Residential Mortgage Group
  • Bergen, NJ FULL_TIME
  • Overview

    PRMG is Built by Originators for Originators.  There is a reason why PRMG is consistently voted one of the best places to work.  We focus on the areas that make an Originator successful and have an unmatched Culture.  We look forward to helping you succeed as an Originator.  

    Responsibilities

    Essential Job Functions:

    • Organization: Develops and implements strategies, satisfying customer needs through a full array of products and services.
    • Coordination: Uses judgment and discretion to ensure uninterrupted flow of business.
    • Communication: Communicates well verbally and in writing with co-workers and customers acting as liaison between customer and Company’s internal departments to ensure cohesive business flow.
    • Equipment: Uses such office equipment as computer terminals, copiers, and FAX machines.
    • Physical: Sits and stands for extended time periods. Hearing and vision within normal ranges. Must devote substantially more than 50 percent of working hours outside of any Company office, home office, and any other fixed site, meeting with customers and potential customers seeking residential mortgage financing.

     

    Responsibilities:

    • Verifies, compiles, and inputs application information for mortgage loans.
    • Discuss and advise the client of their home loan options.
    • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage applied for, including but not limited to borrower assets, liabilities, and length of employment.
    • Informs supervisor of discrepancies in title or survey.
    • Performs other related duties as assigned.
    • Current, valid NMLS license or appointment in good standing.

    Qualifications

    • Must have applicable state licensing. 
    • Two to five years’ experience are preferred. 
    • Must also meet one of the following 3 options:
    • Actively funding more than 2 loans/month, or
    • Xinnix Training completion for Loan Origination required, or
    • Origination mentor assigned to new Loan Officer by branch who funds more than 2 loans/month (see PRMG Loan Officer Mentor Agreement).

     

    Skills:

    • Ability to make sound judgments on the resolution of service, credit decision, funding, and post-close issues.
    • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative.
    • Ability to handle detailed assignments and maintain confidentiality.
    • Excellent communication and interpersonal skills.
    • Organizational skills necessary to prioritize workload and delegate responsibility.

     

     

    Travel:

    • May be required.

    Min

    Max

  • 29 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Newark, NJ PART_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 30 Days Ago

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CRE Construction Loan Officer - Up to 175K - Newark, NJ - Job 3218
  • The Symicor Group
  • Newark, NJ FULL_TIME
  • CRE Construction Loan Officer – Up to $175K – Newark, NJ – Job # 3218 Who We Are The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally uni...
  • 20 Days Ago

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Commercial Real Estate Broker NJ, NY, NC
  • Midtown Commercial Realty
  • Short Hills, NJ FULL_TIME
  • Experienced Retail, Office and Industrial Brokers sought for expanding Short Hills Based Commercial Real Estate firm. ACTION... OPPORTUNITY... OWNERSHIP...MIDTOWN At Midtown, you're not just an agent....
  • 23 Days Ago

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Loan Assistant
  • Crown Bank
  • Elizabeth, NJ FULL_TIME
  • Orders required due diligence items (appraisals, environmental reports, property inspections and site inspection reports) Runs loan reports Tracks payment of insurance, taxes and other invoices for OR...
  • 1 Month Ago

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Medical Science Liaison
  • Syneos Health Commercial Solutions
  • Newark, NJ FULL_TIME
  • Description If there’s one thing your years of clinical training and patient education have taught you, it’s how to manage priorities, and move seamlessly from one challenge to the next. In this role,...
  • 17 Days Ago

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0 Commercial Loan Officer jobs found in West Orange, NJ area

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Commercial Middle Market Underwriter & Portfolio Manager-VP
  • Santander
  • Florham Park, NJ
  • Commercial Middle Market Underwriter & Portfolio Manager-VP Country: United States of America Reviews, analyzes and eval...
  • 4/27/2024 12:00:00 AM

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Vice President - Asset Management - Turnaround & Restructuring NYC Private Credit Investment Firm
  • J Harlan Group, LLC
  • New York, NY
  • Vice President - Asset Management - Turnaround & Restructuring NYC Private Credit Investment Firm J Harlan Group is curr...
  • 4/27/2024 12:00:00 AM

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Universal Banker II
  • Peapack-Gladstone Bank
  • Bedminster, NJ
  • Peapack-Gladstone Bank is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solu...
  • 4/26/2024 12:00:00 AM

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Associate, Technology Corporate Banking - San Francisco
  • Scotiabank
  • New York, NY
  • Requisition ID: 174516 Salary Range: 135,000.00 - 155,000.00 Please note that the Salary Range shown is a guideline only...
  • 4/26/2024 12:00:00 AM

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Credit Portfolio Manager III (CRE)
  • Valley Bank
  • Morristown, NJ
  • JOB OVERVIEW: The Credit Portfolio Manager III will underwrite credit facilities for existing and new customers. Proacti...
  • 4/25/2024 12:00:00 AM

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Commercial Loan Review Officer I
  • Valley Bank
  • Morristown, NJ
  • Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
  • 4/25/2024 12:00:00 AM

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Credit Portfolio Manager III (CRE)
  • Valley Bank
  • Morristown, NJ
  • JOB OVERVIEW: The Credit Portfolio Manager III will underwrite credit facilities for existing and new customers. Proacti...
  • 4/24/2024 12:00:00 AM

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Commercial Loan Review Officer I
  • Valley Bank
  • Morristown, NJ
  • Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
  • 4/23/2024 12:00:00 AM

West Orange is a suburban[22][23] township in central Essex County, New Jersey, United States. As of the 2010 United States Census, the township's population was 46,207, reflecting an increase of 1,264 (+2.8%) from the 44,943 counted in the 2000 Census, which had in turn increased by 5,840 (+14.9%) from the 39,103 counted in the 1990 Census.[24] According to the United States Census Bureau, the township had a total area of 12.171 square miles (31.522 km2), including 12.046 square miles (31.198 km2) of land and 0.125 square miles (0.324 km2) of water (1.03%). It is located approximately 5 miles...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Officer jobs
$73,778 to $102,057
West Orange, New Jersey area prices
were up 1.6% from a year ago

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After collecting and verifying all the required financial documents, the loan officer evaluates the information they obtain to determine the applicant’s need for a loan and ability to pay back the loan.
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