Commercial Loan Officer jobs in New Jersey

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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Commercial Loan Officer
  • First Hope Bank
  • Sparta, NJ FULL_TIME
  • The Commercial Loan Officer independently sources new commercial relationships, focusing on the communities the Bank serves, predominately Sussex, Warren and Morris counties, while maintaining and developing an existing loan portfolio.

    Key Responsibilities

    • Develop and execute a plan to meet established performance goals through prospecting, networking, and leveraging internal business partners.
    • Sourcing and closing on new banking relationships ensuring strong credit quality while maximizing revenue.
    • Responsible for managing an existing portfolio, to include: client outreach, annual reviews and loan extensions, validating compliance and addressing exceptions.
    • Expanding all banking relationships through thoughtful referrals and collaboration with business partners.
    • Promote the Bank's presence and image in our communities through events, networking, and community service.

    Education & Experience

    • College degree.
    • Commercial Lending experience.
    • Underwriting experience.  Formal credit training, a plus.

    Physical Requirements & Working Conditions

    • Travel to branches, client locations and networking events.
    • Professional office environment with moderate sound while in bank locations.
    • Varied conditions at client and prospect places of business.
    • Flexible hours required to fulfill business calls, networking and community events.

     

    EOE v/d

  • 1 Month Ago

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Commercial Loan Officer
  • Unity Bank
  • Fort Lee, NJ FULL_TIME
  • Position Summary The Commercial Loan Officer (CLO) is responsible for managing and growing profitable commercial lending relationships through active networking and cold calling efforts with local cen...
  • 2 Months Ago

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Commercial Loan Officer
  • Unity Bank
  • Hills, NJ FULL_TIME
  • POSITION SUMMARY: The Commercial Loan Officer (LO) is responsible for managing and growing profitable commercial lending relationships through active networking and cold calling efforts with local cen...
  • 2 Months Ago

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Commercial Real Estate Loan Officer
  • Amboy Bank
  • Old Bridge, NJ FULL_TIME
  • Position Summary The Commercial CRE Lender develops new commercial real estate loan business and manages a portfolio of commercial real estate loans. The incumbent recommends new lending business for ...
  • 25 Days Ago

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Loan Officer
  • Homeland Lending
  • Hackensack, NJ FULL_TIME
  • Why Join Us? To be successful as a professional mortgage banker, organization is paramount. The company you choose to stake your reputation with must provide the most exceptional platform required to ...
  • Just Posted

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Loan Officer
  • First Equity Funding
  • Sea Girt, NJ FULL_TIME
  • First Equity is a private lending institution specializing in loan programs for real estate investors. Our loan programs provide quick, easy financing solutions that allow investors to grow their real...
  • 9 Days Ago

New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newark Bay, and the Arthur Kill); on the east by the Atlantic Ocean; on the southwest by Delaware across Delaware Bay; and on the west by Pennsylvania across the Delaware River. New Jersey is often broadly divided into three geographic regions: North Jersey, Central Jersey, and South Jersey. Some New Jersey residents do not consider Central Jersey a region in its own right, but others believe it is a separate geographic and cultural area from the Nor...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Officer jobs
$71,559 to $98,986

Commercial Loan Officer in New Suffolk, NY
In addition to reviewing loan applications, commercial loan officers must evaluate the credit history of the applicant.
January 13, 2020
Commercial Loan Officer in Altus, OK
This requires the officer to independently analyze an applicant’s credit history, negotiate credit terms such as cost loan repayment methods and collateral, prior to making a loan decision.
January 16, 2020
Commercial Loan Officer in Gainesville, FL
Secured loans are common when the level of capital is not sufficient.
December 05, 2019