Senior Commercial Loan Specialist
3 weeks ago
Loan Officer I Role at Open Bank
We are seeking a skilled Loan Officer I to join our team at Open Bank. As a Loan Officer I, you will be responsible for underwriting, documenting, processing, and maintaining lending products and loan files.
Key Responsibilities:
- Underwrite commercial loan products following the bank's loan policy and procedures, and general prudent lending practices.
- Interview applicants for new loans and discuss loan products and requirements; Perform credit analysis and spreads on financial information; and communicate with management on loans.
- Perform site visitations to new borrowers and existing borrowers.
- Prepare & review files for policy, regulatory, and documentation compliance, including equal credit, fair credit reporting, BSA, and other regulatory requirements.
- Follow up with tickler items.
Requirements/Qualifications:
- Bachelor's degree in Business Administration or related field or equivalent work experience required.
- Minimum one years of experience in banking and/or lending required.
- Ability to retain broad knowledge of lending tasks.
- Strong analytical skills with a thorough understanding of lending operations and client needs.
- Present a professional image in dealing with customers, interdepartmental, and external representatives.
Employee Benefits & Perks:
- Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members.
- Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
- Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
- 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions.
- Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
- Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
- Company Paid Lunch: Open Bank provides company paid lunch twice a week.
To learn more about our company culture and benefits, please visit our website.
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