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)
Founded in 1834, Hingham Institution for Savings is one of America's oldest banks. With a $4.2B balance sheet, we focus on providing specialty commercial real estate lending and deposit banking solutions to real estate investors, businesses, nonprofits, and families in Boston, Washington D.C. and San Francisco. The Commercial Lending Group originates conventional, construction, and special situation loan transactions - our mandate is broad and flexible. With a flat organizational structure, we offer rapid decisions on transactions up to $70 million dollars. We are one of the most profitable banks in the country and we are proudly independent. For talented commercial real estate lenders, we offer a stable platform for long-term career growth.
Consolidation in the Washington D.C. banking market has left many customers undeserved, with few banks that combine our balance sheet size with flexibility and speed of decision. For seven years, our team of Washington, D.C. based commercial real estate lenders and deposit relationship managers have been building a substantial business serving these customers. Our Washington D.C. commercial real estate mortgage portfolio now exceeds $1B and our commercial deposit relationships in Washington are an important source of funding for the Bank. We continue to build out a larger team, with a focus on commercial real estate origination and private client banking/treasury management. This team is based out of our newly constructed townhouse office in Georgetown near the C&O Canal.
This individual will be responsible for originating commercial real estate loans in the greater Washington D.C. metropolitan area, along with developing deposit relationships with our commercial real estate borrowers. They will work closely with our extended team, including our other lenders in Boston and Washington, as well as our Specialized Deposit Group. Strong candidates will have a demonstrated record of origination, deep knowledge of the greater Washington, D.C. commercial real market, and good underwriting and valuation skills. We are interested in both senior and mid-level candidates.