Commercial Loan Review Officer jobs in Danbury, CT

Commercial Loan Review Officer performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews small loans of little complexity. Being a Commercial Loan Review Officer typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Loan Review Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Review Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Loan Officer Outside Sales
  • Primary Residential Branding
  • Danbury, CT FULL_TIME
  • Position Purpose - Responsibilities/Duties/Functions/Tasks

    The main function of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a strong business network of referrals.  It is the responsibility of a Loan Officer to analyze a borrower’s financial and credit data to determine creditworthiness and the probability of financial security in repayment efforts.

              Originates their own sales by contacting prospective clients,

    ·         Develops and maintains referral sources,

    ·         Spends at least one or two hours a day, two or more times a week outside of the office (including a home office), originating loans,

    ·         Meets with prospective clients at locations other than PRMI’s offices, e.g., client’s home or other locations,

    ·         Meets with clients in person to sell mortgage loan products/packages,

    ·         Contact with clients by telephone, mail, and e-mail is adjunct to in-person contacts,

    ·         Obtains credit information and necessary documentation for application process,

    ·         In-person calls outside of the office on real estate agents and brokers, financial advisors, and other potential referral sources to develop borrower leads,

    ·         Engages in marketing and promotional activities in support of their own sales,

    ·         Develops new and continued business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, etc.

    ·         Develops solid PRMI product knowledge and offers clients the best mortgage products to match client needs

    ·         Reviews application information, requesting specific supporting documentation as needed/required based on loan investor guidelines

    ·         Analyzes and exercises independent judgment and discretion in advancing PRMI’s business objectives and the interests of PRMI’s customers regarding significant financial decisions

    ·         Carries out major assignments affecting business operations of the employer or the employer’s customers through:

       collecting and analyzing information regarding the customer’s income, assets, investments, or debts

       analyzing applicant data, credit and collateral property value

       determining which financial products best meet the customer’s needs and financial circumstances

       providing advice to the customer regarding the advantages and disadvantages of available financial products

       marketing, servicing, or promoting the employer’s financial products

    ·         Completes necessary continuing education in a timely manner and remains current on local developments and trends within the real estate and mortgage industries

    ·         Provides origination services in the state of licensure

    ·         Creates and maintains excellent business relationships with referral client base, creating new mortgage lending opportunities

    ·         Corresponds, communicates, and coordinates with clients, in-house support staff, and external service providers to facilitate timely closings

    Qualifications

    ·         Sales experience in the mortgage industry is preferred

    ·         Familiarity with mortgage processes, procedures, rules, regulations, and compliance

    ·         Exceptional customer service skills with a strong attention to detail

    ·         Excellent written and verbal communication skills

    ·         Strong computer skills to include a working knowledge of MS Office

    ·         Ability to comprehend and analyze financial information

    ·         Ability to effectively communicate and present complex financial information while fielding and responding to questions from applicants, support staff, and management

    ·         Established contact and referral list within the real estate and mortgage industries preferred

    ·         Ability to pass a required background check

    Company Conformance Statement

    In the performance of assigned tasks and duties all employees are expected to conform to the following:

      Review and adhere to policies and guidelines contained within the Employee Handbook, including privacy and information security guidelines.

      Act within delegated authorities and adheres to applicable policy and procedures associated with such authorities.

      Contribute to establishing a respectful workplace where diversity is critical to innovation and growth.

      Ensure every action and decision is aligned with PRMI values.

      Partner with your management team to understand performance expectations and measurements. Effectively utilize feedback and coaching opportunities while seeking to learn and develop within your role at PRMI.

     Realize team synergies through networking and partnerships across PRMI.

      Embrace change; act as advocate and role model, promoting an approach of continuous improvement.

      Maintain a high standard of customer care while actively listening to customers in an effort to understand their views and needs.  Take ownership of problems and issues, taking into consideration the breadth of PRMI competencies in providing solutions.

      Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.

     Work effectively as a team contributor on all assignments.

      Perform quality work within deadlines.

      Respect client and employee privacy.

      Maintain eligibility for FLSA classification as Outside Sales Exempt, and complete the bi-annual certification process

    Work Requirements

    Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and effectively perform in an office setting.  Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies. The ability to work extended hours may be required.

    Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

  • 6 Days Ago

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Manager, HP Review Committee
  • BI Pharmaceuticals, Inc.
  • Ridgefield, CT FULL_TIME
  • This role is based on-site at our Ridgefield, CT location with hybrid flexibility of 2-3 days per week on-site. Reminder: Include base salary min and max info in the posting Strategic partner and the ...
  • 8 Days Ago

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Tester
  • Product Review Jobs
  • Danbury, CT FULL_TIME
  • Compensation : Varies per assignment. Up to $500 per week. Location : Remote (USA) Company : ProductReviewJobs Thank you for your interest in becoming a Paid Product Tester. This opportunity is for co...
  • 16 Days Ago

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Accounting Manager
  • Helios Commercial Service Partners
  • Danbury, CT FULL_TIME
  • About the Job The Accounting Manager is a newly created position and will be responsible for enhancing the month-end close process to support Helios Operating Companies. This role will report directly...
  • 22 Days Ago

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Account Coordinator
  • Helios Commercial Service Partners
  • Ridgefield, CT FULL_TIME
  • The Account Coordinator works to assist the greater Account Management team with the day-to-day delivery of facilities services to our clients. This role plays an integral part in managing the repairs...
  • Just Posted

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Light Industrial - Warehouse Associate-1st shift
  • PDS Tech Commercial, Inc.
  • Milford, CT FULL_TIME
  • Principal Accountabilities The Stores Team Leader provides daily work direction as follows: 1. Physically receive parts (UPS, FedEx, LTL, etc.) 2. Logically receive/issue parts in SAP. File/maintain p...
  • 10 Days Ago

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0 Commercial Loan Review Officer jobs found in Danbury, CT area

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Commercial Banking Relationship Manager
  • Valley Bank
  • White Plains, NY
  • We are currently seeking a Relationship Manager (RM) with a focus on Commercial & Industrial (C&I) companies to join Val...
  • 3/28/2024 12:00:00 AM

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On-Site CRE Underwriter/Sr CRE Analyst
  • National Mortgage Staffing
  • Greenwich, CT
  • This is an in office only job The Commercial Real Estate Loan Underwriter must be able to evaluate loan opportunities, i...
  • 3/28/2024 12:00:00 AM

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Clinical Research Coordinator
  • Danbury Health Systems
  • Poughkeepsie, NY
  • Full Time Clinical Research Coordinator Opportunity - Poughkeepsie, NY (75 Miles from New York City) Nuvance Health has ...
  • 3/28/2024 12:00:00 AM

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Contract Mortgage Processor -
  • MIOYM EQUITIES, INC
  • White Plains, NY
  • Job Description Job Description We are seeking a Contract Mortgage Processor - HARD MONEY to become a part of our team! ...
  • 3/27/2024 12:00:00 AM

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Vice President - Restructuring / Workout
  • Arena Investors I Quaestor Advisors
  • Purchase, NY
  • *Flexible location but ideally Jacksonville, FL or Purchase, NY* Arena Investors, LP is a global investment management f...
  • 3/27/2024 12:00:00 AM

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Senior Commercial Loan Administrator
  • Webster Bank
  • Southington, CT
  • If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to...
  • 3/27/2024 12:00:00 AM

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Captain Fisheries Research Vessel
  • State of New York
  • Kings Park, NY
  • Minimum Qualifications Non-competitive: U.S Coast Guard Master's certificate for the applicable tonnage and operating ar...
  • 3/27/2024 12:00:00 AM

Danbury is a city in Fairfield County, Connecticut, United States, located approximately 50 miles (80 km) northeast of New York City making it part of the New York metropolitan area. Danbury's population at the 2010 census was 80,893. Danbury is the fourth most populous city in Fairfield County, and seventh among Connecticut cities. The city is within the New York combined statistical area and Bridgeport metropolitan area. The city is named for Danbury in Essex, England. It is nicknamed the "Hat City" because for a period in the nineteenth and early twentieth centuries it was the center of the...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Review Officer jobs
$61,014 to $86,123
Danbury, Connecticut area prices
were up 1.7% from a year ago

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Commercial loan workers specialize in the commercial sector of lending, and have a slightly different job description than the loan officer—though responsibilities may be similar or exactly the same.
February 01, 2020
Commercial Loan Review Officer in Vincennes, IN
Evaluates quality of commercial loans and the assigned risk ratings indicating borrower’s financial strength and probability of loan repayment.
February 23, 2020
Commercial Loan Review Officer in Mcallen, TX
Communicate recommendations and credit risk management processes to the Loan Review Officer III that strengthens the organization and enhances overall supervision of lending methods and provides tools to continually measure effectiveness.
January 17, 2020