Lending Officer jobs in Lawrence, MA
Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Lending Officer jobs
Consumer Lending Administrator
- Salem Co-operative Bank
-
Salem, NH
FULL_TIME
-
Ready to make a difference? At Salem Co-operative Bank, we pride ourselves on offering a work environment where customer service and success are consistently placed front and center. Founded in 1922, we’ve grown in size, expanded our products and services, and learned to improve from 100 years of experience. Every customer is treated as a unique individual, knowing that not all customers’ needs are the same. Our commitment to our community is evident in our philanthropic foundation, Salem Community Benefit, which has contributed over $1.6 million to local organizations. Each year our employees spend many hours volunteering at local organizations in the Salem and Merrimack Valley areas. If you are ready to make a difference professionally, personally, and in the community, we want to meet you!
We are looking for a Consumer Lending Administrator to provide internal and external support services for all business channels related to Consumer Lending. You will build strong relationships with new and existing auto dealers, review loan packages for accuracy, verify contracts, and fund and set up loans. You will also provide administrative assistance with all aspects of Direct and Indirect Consumer Lending.
How you will accomplish this:- Develop new relationships and foster existing relationships with auto dealers and other customers throughout the loan process and loan life cycle
- Ensure customers’ questions and issues are addressed in a timely manner
- Perform collection duties for customers with delinquent accounts to ensure loans are brought up to date or arrange payment plans; assist with customer payment disputes
- Assist the Indirect Lending business in the curing of negative reserve accounts, power bookings, or loan buy backs with dealers
- Provide back-up with processing loan applications through various origination channels (incoming phone calls, third party vendors, online, etc.)
- Prepare and review loan documents to ensure compliance with all funding requirements
- Schedule loan closings and process loan closings/disbursements
- Process GL entries to fund direct and indirect loans
- Set up new loans in DNA/Meridian Link and verify data is accurate
- Maintain a title tracking report to ensure all vehicles titles are received and contact the DMV if a title is not received in a timely manner
- Maintain an up-to-date contact tracking list
- Assist Consumer Lending in meeting its goals by participating in inbound and outbound sales campaigns
- Cross-sell other Salem Co-operative Bank products
- Assist with maintaining and compiling statistical data
- Work occasional overtime outside of general business hours if required
- Perform other duties as assigned
- High school diploma with 2 years of experience in a financial institution or equivalent combination of education and experience; Associate’s degree preferred
- Collections experience preferred
- Strong system skills, including Microsoft Office; able to learn new technology quickly
- Lending knowledge and experience with loan origination systems a plus
- Strong verbal and written communication skills
- The ability to exercise judgement, initiative and tact in dealing with auto dealers and team members
- Excellent customer service and problem-solving skills
Salem Co-operative Bank is an Affirmative Action/Equal Opportunity Employer.
Applicants are considered for all positions without regard to race, color, religion, gender, pregnancy, marital status, familial status, national origin or ancestry, age, disability, veteran status, military service, sexual orientation, genetic information, gender identity or other characteristics protected by applicable law.
- 22 Days Ago
Consumer Lending Administrator
- Salem Co-operative Bank
-
Salem, NH
FULL_TIME
- Ready to make a difference? At Salem Co-operative Bank, we pride ourselves on offering a work environment where customer service and success are consistently placed front and center. Founded in 1922, ...
- 22 Days Ago
Commercial Loan Assistant I (Aviation Lending)
- Make Your Move
-
Georgetown, MA
FULL_TIME
- Salem Five is a growing regional financial services organization with a rich history of over 160 years. As an independent bank, we are deeply rooted in the communities we serve and offer our employees...
- 1 Day Ago
Commercial Loan Assistant I (Aviation Lending)
- Salem Five Bank
-
Georgetown, MA
FULL_TIME
- Salem Five is a growing regional financial services organization with a rich history of over 160 years. As an independent bank, we are deeply rooted in the communities we serve and offer our employees...
- 1 Day Ago
Security officer
- Allied Universal®
-
Newbury, MA
FULL_TIME
- Job Description Allied Universal®, North America’s leading security and facility services company, provides rewarding careers that give you a sense of purpose. While working in a dynamic, diverse and ...
- 1 Day Ago
Communication officer
- Mediabistro
-
Beverly, MA
FULL_TIME
- The Copernicus Institute for the Arts, Sciences and Law, Inc in Beverly, MA seeks a Senior Communications Officer to manage the logistics for public and internal events. Preparing written briefings fo...
- 1 Day Ago
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0 Lending Officer jobs found in Lawrence, MA area
Paralegal
- Topkins & Bevans
-
Waltham, MA
- Job Description Job Description Working in the Real Estate Department with Paralegals and Attorneys. The Real Estate Dep...
- 5/10/2024 12:00:00 AM
Vice President - Tech Opps Finance
- Bain Capital
-
Boston, MA
- BAIN CAPITAL OVERVIEWBain Capital, LP is one of the worlds leading private multi-asset alternative investment firms with...
- 5/10/2024 12:00:00 AM
Branch Manager - Dorchester
- Cambridge Savings Bank
-
Waltham, MA
- POSITION:BRANCH MANAGER - DORCHESTER Summary: At Cambridge Savings Bank, our purpose is tohave a positive impact on our ...
- 5/9/2024 12:00:00 AM
Financial Markets Transactional Associate Attorney- Boston
- CBOHN
-
Boston, MA
- The Boston office has an immediate need for a mid-level associate to join its Financial Markets practice. Ideal candidat...
- 5/9/2024 12:00:00 AM
Commercial Loan Administrator
- Dedham Savings
-
Dedham, MA
- Job Description Job Description At Dedham Savings, we believe that being here for the journey means supporting our custo...
- 5/7/2024 12:00:00 AM
Credit Analyst I
- Enterprise Bank
-
Lowell, MA
- We are Hiring! Credit Analyst I - Lowell, MA Enterprise Bank, is a growing and successful commercial bank where your tal...
- 5/7/2024 12:00:00 AM
Processor
- Signature Escrow & Title
-
Portsmouth, NH
- Are you looking for your next Closing Processor role with a growing company? Signature Escrow & Title, A Division of Lib...
- 5/6/2024 12:00:00 AM
Real Estate Paralegal
- Beacon Hill
-
Andover, MA
- Fantastic law firm outside of Boston is seeking a full time Real Estate Paralegal to assist with the firms day-to-day re...
- 5/6/2024 12:00:00 AM
About Lawrence, Massachusetts
According to the United States Census Bureau, the city has a total area of 7.4 square miles (19 km2), of which 7.0 square miles (18 km2) is land and 0.4 square miles (1.0 km2) (6.07%) is water. Lawrence is on both sides of the Merrimack River, approximately 26 miles (42 km) upstream from the Atlantic Ocean. On the north side of the river, it is surrounded by Methuen. On the south side of the river, the town is bordered by North Andover to the east, and Andover to the south and southwest. Lawrence is approximately 30 miles (48 km) north-northwest of Boston and 27 miles (43 km) southeast of Manc...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Lending Officer jobs
$51,710 to $68,470
Lawrence, Massachusetts area prices
were up 1.6% from a year ago
were up 1.6% from a year ago
What does a Lending Officer do?
Lending Officer in Gainesville, FL
When a client’s profile doesn’t fit the bank’s requirements, Loan Officers are the ones who inform Managers.
December 16, 2019
Lending Officer in Paramus, NJ
Sometimes, even if some aspects of the business are going well, a client will struggle to repay the loan.
October 30, 2019
Lending Officer in Charleston, SC
Managers are also expected to lead and direct loan officers, developing their skills.
February 18, 2020