Community Development Loan Officer jobs in Newark, NJ

Community Development Loan Officer oversees the bank's CRA Programs and policies to ensure compliance with federal Community Reinvestment Act banking regulations to meet the credit needs of the area's low to moderate-income populations. Serves as the subject matter expert of CRA laws, rules, and regulations by maintaining a deep and up-to-date knowledge of regulatory requirements, proposed legislation, and announcements. Being a Community Development Loan Officer reviews and analyzes lending activity data and practices to ensure compliance with CRA policies. Develops, implements, and administers the overall corporate CRA plan and localized or remedial plans with guidelines and standards to assist with compliance. Additionally, Community Development Loan Officer advises management and coordinates with legal staff on the potential impact of actions. Coordinates and delivers reports to bank leadership and regulatory agencies. Ensures the bank has a positive and visible role in community economic development activities, events, and initiatives. Requires a bachelor's degree or equivalent. Typically reports to a director. The Community Development Loan Officer work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Community Development Loan Officer typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)

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Loan Officer
  • Paramount Residential Mortgage Group
  • Bergen, NJ FULL_TIME
  • Overview

    PRMG is Built by Originators for Originators.  There is a reason why PRMG is consistently voted one of the best places to work.  We focus on the areas that make an Originator successful and have an unmatched Culture.  We look forward to helping you succeed as an Originator.  

    Responsibilities

    Essential Job Functions:

    • Organization: Develops and implements strategies, satisfying customer needs through a full array of products and services.
    • Coordination: Uses judgment and discretion to ensure uninterrupted flow of business.
    • Communication: Communicates well verbally and in writing with co-workers and customers acting as liaison between customer and Company’s internal departments to ensure cohesive business flow.
    • Equipment: Uses such office equipment as computer terminals, copiers, and FAX machines.
    • Physical: Sits and stands for extended time periods. Hearing and vision within normal ranges. Must devote substantially more than 50 percent of working hours outside of any Company office, home office, and any other fixed site, meeting with customers and potential customers seeking residential mortgage financing.

     

    Responsibilities:

    • Verifies, compiles, and inputs application information for mortgage loans.
    • Discuss and advise the client of their home loan options.
    • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage applied for, including but not limited to borrower assets, liabilities, and length of employment.
    • Informs supervisor of discrepancies in title or survey.
    • Performs other related duties as assigned.
    • Current, valid NMLS license or appointment in good standing.

    Qualifications

    • Must have applicable state licensing. 
    • Two to five years’ experience are preferred. 
    • Must also meet one of the following 3 options:
    • Actively funding more than 2 loans/month, or
    • Xinnix Training completion for Loan Origination required, or
    • Origination mentor assigned to new Loan Officer by branch who funds more than 2 loans/month (see PRMG Loan Officer Mentor Agreement).

     

    Skills:

    • Ability to make sound judgments on the resolution of service, credit decision, funding, and post-close issues.
    • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative.
    • Ability to handle detailed assignments and maintain confidentiality.
    • Excellent communication and interpersonal skills.
    • Organizational skills necessary to prioritize workload and delegate responsibility.

     

     

    Travel:

    • May be required.

    Min

    Max

  • 27 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Newark, NJ PART_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 28 Days Ago

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Security Officer
  • New Community Corporation
  • Newark, NJ FULL_TIME
  • Job Description: The Security Officer (SO) will be responsible for promoting the NCC mission in all service delivery, ensuring quality, professionalism and efficiency of the services provided. Respons...
  • 1 Month Ago

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Business Development and Community Relations Intern
  • Metropolitan YMCA of the Oranges
  • LIVINGSTON, NJ INTERN
  • The Business Development and Community Relations Internship at the Metro YMCA is a dynamic role focused on increasing membership revenue through prospecting initiatives and lead generation using multi...
  • 1 Month Ago

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Workforce Development Administrative Assistant
  • Community FoodBank of New Jersey
  • Hillside, NJ FULL_TIME
  • Join our team and become a part of something bigger, a force for change in the fight against hunger. The Community FoodBank of New Jersey (CFBNJ) is more than just a food bank. We champion healthier l...
  • 1 Day Ago

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SUPERVISING COMMUNITY SERVICE OFFICER ADDICTIONS
  • County of Hudson
  • Secaucus, NJ FULL_TIME
  • SUPERVISING COMMUNITY SERVICE OFFICER ADDICTIONS - FULL-TIME-COUNTY OF HUDSON Under direction of the Division Chief, plans , develops, implements, administers, and coordinates drug and alcohol abuse p...
  • 12 Days Ago

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0 Community Development Loan Officer jobs found in Newark, NJ area

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Senior Manager, Software Engineering (Go / Python)
  • Capital One
  • Newark, NJ
  • NYC 299 Park Avenue (22957), United States of America, New York, New York Senior Manager, Software Engineering (Go / Pyt...
  • 4/25/2024 12:00:00 AM

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Snowflake Data Governance Steward/Eng. 3
  • Comcast Corporation
  • Newark, NJ
  • FreeWheel, a Comcast company, provides comprehensive ad platforms for publishers, advertisers, and media buyers. Powered...
  • 4/25/2024 12:00:00 AM

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Senior Manager, Cyber Risk and Analysis
  • Hiring Now!
  • Newark, NJ
  • West Creek 1 (12071), United States of America, Richmond, Virginia Senior Manager, Cyber Risk and Analysis At Capital On...
  • 4/25/2024 12:00:00 AM

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Sr. Cyber Analyst, Risk
  • Capital One
  • Newark, NJ
  • Center 3 (19075), United States of America, McLean, Virginia Sr. Cyber Analyst, Risk Capital One is one of the fastest g...
  • 4/25/2024 12:00:00 AM

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Director, Cloud Architecture Risk Specialist
  • Hiring Now!
  • Newark, NJ
  • Center 3 (19075), United States of America, McLean, Virginia Director, Cloud Architecture Risk Specialist Capital One is...
  • 4/25/2024 12:00:00 AM

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Unlicensed Technical Assoc - Float
  • Saint Michaels Medical Center
  • Newark, NJ
  • Overview: Join an award-winning team of dedicated professionals committed to our core values of quality, compassion and ...
  • 4/23/2024 12:00:00 AM

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Store Associate - Shortage Control
  • Burlington
  • Newark, NJ
  • **LOCATION** 729 Broad Street Newark NJ US 07102 **Overview** **New Store Opening in Newark, NJ in Spring 2024!** Join o...
  • 4/22/2024 12:00:00 AM

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Senior Manager, Cyber Risk and Analysis
  • Capital One
  • Newark, NJ
  • West Creek 1 (12071), United States of America, Richmond, Virginia Senior Manager, Cyber Risk and Analysis At Capital On...
  • 4/22/2024 12:00:00 AM

Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of the nation's major air, shipping, and rail hubs, the city had a population of 285,154 in 2017, making it the nation's 70th-most populous municipality, after being ranked 63rd in the nation in 2000. Settled in 1666 by Puritans from New Haven Colony, Newark is one of the oldest cities in the United States. Its location at the mouth of the Passaic River (where it flows into Newark Bay) has made the city's waterfront an integral part of the Port of New...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Community Development Loan Officer jobs
$81,885 to $136,868
Newark, New Jersey area prices
were up 1.6% from a year ago

Community Development Loan Officer in Ventura, CA
Position Summary The Senior Loan Officer (SLO) serves as a key credit professional within ID-NV CDFI and leads the community development lending effort throughout the Intermountain West region.
December 21, 2019
Community Development Loan Officer in Fort Worth, TX
Based on our compensation data, the estimated salary potential for Community Development Loan Officer will increase 16 % over 5 years.
December 17, 2019
Community Development Loan Officer in Clarksville, TN
Any outside networking with outside referral sources should be handled in conjunction with the assigned branch partners as well as with the district CDB Compliance Officers and/or CDB Compliance Regional Managers when possible.
February 18, 2020