Commercial Loan Workout Officer jobs in Newark, NJ

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 unique value proposition centers around providing the very best available banking and accounting talent.

In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a CRE Construction Loan Officer role in the Newark, NJ market. The successful candidate advises prospects on loan status and approvals and works closely with the Commercial Credit Department to maintain loan quality and ensure the timely and accurate disposition of loan requests.

The candidate develops new business by meeting with prospective commercial customers within the target market.

The position includes a generous salary of up to $175K and an excellent benefits package. (This is not a remote position.)

CRE Construction Loan Officer responsibilities include :

• Developing new construction and other commercial real estate loan business and managing a portfolio of assigned commercial loans.
• Recommending new construction lending business for approval and is the primary contact between the borrower and bank from initial review through loan closing.
• Approving loan within established limits or referring to loan committee for approval.
• Meeting with applicants to obtain information and compiling and analyzing data for loan requests.
• Presenting loan recommendations to the senior credit committee.
• Maintaining an assigned portfolio of borrowing relationships ensuring adherence to quality and risk standards determined by the bank.
• Screening loan requests based on bank policies and procedures and on types of loans offered.
• Recommending products and services to potential borrowers and handle inquiries from applicants including explanation of the loan requirements and process.
• Building in-depth knowledge of each assigned loan relationship understanding strengths and weaknesses of borrower and risk to bank.
• Keeping informed of industry changes, trends, and best practices, and assessing the potential impact on processes and procedures.
• Informing borrowers of loan commitments and advising and explaining loan terms and conditions.
• Ensuring timely receipt of loan payments and assisting in obtaining proper documentation to secure and substantiate loans.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion.

Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience :

• Bachelor’s degree in business, finance, accounting, or related field.
• Five or more years of experience in commercial lending with at least 3 years of experience in construction lending.
• Formal credit training.
• Willingness to be accountable and take ownership of assigned roles and responsibilities.
• High level of coordination, organization, planning, and prioritization of work, and management of one’s own time.
• Using critical thinking, logic, and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
• Ability to communicate effectively through both written and oral formats.
• Strong PC skills, with proficiency in Excel and Microsoft Office suite.

The next step is yours. Email us your current resume along with the position you are considering to :

resumes@symicorgroup.com

Last updated : 2024-05-03