Community Development Loan Officer jobs in Somerset, 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)

P
Loan Officer
  • Paramount Residential Mortgage Group
  • Somerville, 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

    USD $0.00/Yr.

    Max

    USD $250,000.00/Yr.
  • 1 Month Ago

U
Loan Specialist (Commercial)
  • US Agriculture, Rural Development
  • Hackettstown, NJ FULL_TIME
  • Duties Review and analyze preapplications, applications and all supporting documents to determine loan or grant eligibility and inputs data into appropriate automated database system. Prepare written ...
  • 10 Days Ago

U
Residential Mortgage Loan Officer
  • Unity Bank
  • Clinton, NJ FULL_TIME
  • Position Summary The Mortgage Loan Officer is responsible for managing and growing profitable residential lending relationships. The incumbent will be responsible for originating and pre-qualifying mo...
  • 11 Days Ago

F
Mortgage Loan Officer (Hybrid)
  • Fulton Bank, N.A.
  • Manville, NJ FULL_TIME
  • Mortgage Loan Officer (Hybrid) Job Locations US-NJ-Manville | US-NJ-Warren | US-NJ-Edison Requisition ID 2024-20164 Location Name Manville County Somerset Category Mortgage Banking Position Type (Port...
  • 26 Days Ago

F
CRA Mortgage Loan Officer (Hybrid)
  • Fulton Bank, N.A.
  • Manville, NJ FULL_TIME
  • CRA Mortgage Loan Officer (Hybrid) Job Locations US-NJ-Manville | US-NJ-Somerville Requisition ID 2024-20168 Location Name Manville County Somerset Category Mortgage Banking Position Type (Portal Sear...
  • 26 Days Ago

U
Business Development Officer
  • Unity Bank
  • Clinton, NJ FULL_TIME
  • Position Summary This role is responsible for providing advice and valuable financial solutions to complex Business Banking clients and prospects. Key responsibilities of the role include serving as t...
  • 12 Days Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

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

Y
Advocate
  • Youth Advocate Programs
  • New Brunswick, NJ
  • Status: Part Time HourlyFLSA Classification: Non-Exempt Summary of the Position: Hourly, Part Time position serving yout...
  • 4/26/2024 12:00:00 AM

M
Senior Planner - Environmental
  • Middlesex County
  • New Brunswick, NJ
  • Overview: The Middlesex County Office of Planning seeks a detail-oriented and motivated professional to join the team as...
  • 4/26/2024 12:00:00 AM

B
Manager, Statistical Programming
  • Bristol-Myers Squibb Company
  • New Brunswick, NJ
  • Working with Us Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But w...
  • 4/26/2024 12:00:00 AM

T
Solar Program Field Inspector
  • TRC Companies, Inc.
  • New Brunswick, NJ
  • About Us: Groundbreaker. Game changer. Pioneer. TRC has long set the bar for clients who require more than just engineer...
  • 4/26/2024 12:00:00 AM

B
Director, Hematology Medical Engagement Lead (MD required) - REMOTE
  • Bristol-Myers Squibb Company
  • New Brunswick, NJ
  • Working with Us Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But w...
  • 4/25/2024 12:00:00 AM

B
Director, Oncology Medical Engagement Lead (MD required) - REMOTE
  • Bristol-Myers Squibb Company
  • New Brunswick, NJ
  • Working with Us Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But w...
  • 4/24/2024 12:00:00 AM

B
Senior Therapeutic Area Specialist, Cardiovascular, Atlanta Central -GA
  • Bristol-Myers Squibb Company
  • New Brunswick, NJ
  • Working with Us Challenging. Meaningful. Life-changing. Those aren't words that are usually associated with a job. But w...
  • 4/23/2024 12:00:00 AM

M
Relationship Manager
  • MAX Surgical Specialty Management
  • New Brunswick, NJ
  • We are seeking a motivated and dynamic individual to join our marketing team as a Relationship Manager. The ideal candid...
  • 4/22/2024 12:00:00 AM

Somerset is an unincorporated community and census-designated place (CDP) located within Franklin Township, in Somerset County, New Jersey, United States. As of the 2010 United States Census, the CDP's population was 22,083. Somerset housed one of the first Marconi Wireless Stations in the United States. According to the United States Census Bureau, the CDP had a total area of 6.444 square miles (16.692 km2), including 6.327 square miles (16.388 km2) of land and 0.117 square miles (0.304 km2) of water (1.82%)....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Community Development Loan Officer jobs
$81,450 to $136,142
Somerset, New Jersey area prices
were up 1.5% 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