Loan Review Officer jobs in Trenton, NJ

Loan Review Officer performs reviews of bank's loans to ensure compliance with established policies and standards. Reviews small- to mid-size loans. Being a Loan Review Officer may prepare and provide loan data to accounting. Requires a bachelor's degree. Additionally, Loan Review Officer typically reports to a manager or head of a unit/department. The Loan Review Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Review Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

I
Loan Officer
  • Inspire Culture First
  • Newtown, PA FULL_TIME
  • With 4 branches in Bucks County, PA and $300 million in assets and over 15,000 members, we’re seeking an energetic professional to join our growing team as a full-time Loan Officer. The Loan Officer will build on the relationships with current Credit Union members by understanding their needs and suggesting credit union products and service to address those needs. The Loan Officer will be responsible for building a trusting and honest relationship during each member interaction, both inside and outside of the Credit Union.
    The position will focus on building relationships with Inspire FCU members by providing accurate and timely information on credit union products and services. Position is responsible for interviewing and evaluating applicants for loans and processing various consumer and real estate loan applications as well as gathering background information, analyze loan applicants’ credit history and be authorized to make credit granting decisions. Approve or disapprove loan applications based on credit analysis. Prepare documentation and complete loan settlement procedures. Provide information on credit union products and services to members in accordance with credit union policies and procedures and State and Federal rules and regulations.

    ESSENTIAL FUNCTIONS

    1. Interview loan applicants and provide information on loan products and alternative products that best meet member’s needs. Request and review all required information and documentation to secure loan.
    2. Complete loan applications over the phone and/or electronically.
    3. Gather background information on loan applicants by interviewing loan applicants and obtaining credit bureau reports.
    4. Handle the loans of highest complexity, value, or risk.
    5. Determine eligibility of loan co-maker from co-maker’s statement and credit rating.
    6. Calculate debt-to-income ratios on loan applicants and calculate how much of a loan applicant’s debt is secured or unsecured.
    7. Assist members with the loan application process to ensure completeness of information within all loan platforms and formats.
    8. Pull and evaluate credit reports for all accounts, verify debts, estimate monthly payments for outstanding debts listed and add them to debts on application.
    9. Determine collateral needs and payment plans for members applying for the loans.
    10. Approve or deny loan applications within pre-established limits set forth by the AVP Consumer Lending Manager; notifies AVP Consumer Lending Manager regarding any loan applications outside of authorized unsecured and secured limits.

    11. Verify the accuracy of loan amounts and repayment terms on approved loan applications.
    12. Notify applicant of loan decision. Correspond with members, applicants and creditors to resolve questions regarding application information.
    13. When a loan is denied, explain reasons for denial in a professional, courteous manner. Work with member to provide recommendations or alternative options for other possible ways to secure a loan in future.
    14. Cross-sell lending and other credit union products.
    15. Review developing laws and regulations as they apply to loan security agreements.
    16. Willingness to work hours that coordinate with business needs.
    17. Cross-sell lending products offered by the credit union.
    18. Cross-sell all other products offered by the credit union.
    19. Assist in various areas of the loan department when needed
    20. Keep abreast of changes in consumer loan trends.

    NOTE: The list of essential functions is not exhaustive. It may be supplemented as necessary.

    QUALIFICATIONS:

    1. Professional, well-developed interpersonal skills essential for interviewing loan applicants and projecting a positive image as a representative of the Credit Union
    2. Work requires knowledge of consumer loan policy, credit granting criteria, interest rates and how they are computed, and required documentation for each type of loan. Knowledge of interviewing skills and techniques required.
    3. Associate’s Degree or Higher Preferred (High School Diploma Required)
    4. Two years of experience in a lending environment of a credit union or financial institution required. Experience in loan interviewing preferred.
    5. Intermediate math skills required (calculations and concepts involving decimals, percentages, fractions, etc.).
    6. Ability to meet Credit Union attendance standards is required.
    7. Must be bondable.

    EOE

    Interested candidates should fill out the form below to apply.

    Job Type: Full-time

    Pay: $55,000.00 - $62,000.00 per year

    Benefits:

    • 401(k) 6% Match
    • Dental insurance
    • Employee assistance program
    • Flexible spending account
    • Health insurance
    • Life insurance
    • Paid time off
    • Professional development assistance
    • Retirement plan

    Payment frequency:

    • Paid biweekly

    Schedule:

    • 8 hour shift

    Work setting:

    • In-person
    • Office

    Experience:

    • Lending: 1 year (Preferred)
    • Banking: 2 years (Preferred)

    Work Location: In person

  • 9 Days Ago

D
Loan Officer
  • De Novo HRConsulting & Business Advisory
  • Richboro, PA FULL_TIME
  • Our client, Lending Team Inc., is looking to add a Loan Officer to the team. The Junior Loan Officer facilitates residential mortgage loans and advises borrowers on available finance options. This inc...
  • 3 Days Ago

P
Mortgage Loan Officer
  • Penn Community Bank
  • Bristol, PA FULL_TIME
  • Mortgage Loan Officer Job Locations US-PA-Bristol Job ID 2021-1550 # of Openings 1 Category Residential Lending Overview Responsible for soliciting and originating mortgage loan products for the Bank,...
  • 10 Days Ago

F
Mortgage Loan Officer (Hybrid)
  • Fulton Bank, N.A.
  • Jackson, NJ FULL_TIME
  • Mortgage Loan Officer (Hybrid) Job Locations US-NJ-Jackson Requisition ID 2023-18440 Location Name Jackson County Ocean Category Mortgage Banking Position Type (Portal Searching) Full-Time FLSA Status...
  • 13 Days Ago

C
Mortgage Loan Officer
  • Citizens Bank, N.A.
  • Trenton, NJ OTHER
  • DescriptionAt Citizens, tailored advice, personalized experiences, and innovative ideas, products, and solutions, are central to helping clients navigate changing circumstances. In this role, you’ll d...
  • 5 Days Ago

F
Loan Workout Officer
  • First Bank - NJ
  • Hamilton, NJ FULL_TIME
  • Our goal is to hire and retain talented people with engaging personalities and exceptional work ethics. We believe in recognizing and rewarding employees who consistently perform at a high level.We of...
  • 6 Days Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Loan Review Officer jobs found in Trenton, NJ area

F
Settlement and Reporting Analyst
  • Firstrust Bank
  • Horsham, PA
  • Objective: Responsible for the accurate and timely completion of various Loan Operation general ledger, invoices, and re...
  • 3/18/2024 12:00:00 AM

H
(Mortgage) Branch Manager - Producing
  • Hilltop Holdings
  • East Brunswick, NJ
  • **(Mortgage) Branch Manager - Producing** CAROUSEL_PARAGRAPH * East Brunswick, New Jersey * Sales Management * 13732 * P...
  • 3/18/2024 12:00:00 AM

L
Junior Loan Processor
  • Lending Team Inc
  • Richboro, PA
  • Job Description Job Description *THIS IS NOT A REMOTE OR HYBRID POSITION* Responsibilities: Answering and transferring c...
  • 3/17/2024 12:00:00 AM

N
Manager, Portfolio Management
  • Nonprofit Finance Fund
  • Philadelphia, PA
  • Position Reports to: Director, Portfolio Management Location: Preference is for the position to be in commutable distanc...
  • 3/17/2024 12:00:00 AM

P
Loan Officer
  • Paramount Residential Mortgage Group
  • Eatontown, NJ
  • Overview: PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best...
  • 3/16/2024 12:00:00 AM

P
Mortgage Loan Officer
  • PNC Financial Services Group
  • Philadelphia, PA
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/15/2024 12:00:00 AM

D
Mortgage Loan Officer
  • De Novo HR Consulting
  • Richboro, PA
  • Job Description Job Description Our client, Lending Team Inc., is looking to add a Loan Officer to the team. The Junior ...
  • 3/15/2024 12:00:00 AM

P
Mortgage Loan Officer
  • PNC Financial Services Group
  • Fords, NJ
  • Job Profile Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the market...
  • 3/15/2024 12:00:00 AM

According to the United States Census Bureau, the city had a total area of 8.155 square miles (21.122 km2), including 7.648 square miles (19.809 km2) of land and 0.507 square mile (1.313 km2) of water (6.21%). Several bridges across the Delaware River – the Trenton–Morrisville Toll Bridge, Lower Trenton Bridge and Calhoun Street Bridge – connect Trenton to Morrisville, Pennsylvania, all of which are operated by the Delaware River Joint Toll Bridge Commission. Trenton is located near the exact geographic center of the state, which is 5 miles (8.0 km) located southeast of Trenton. The city is so...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Review Officer jobs
$62,133 to $91,201
Trenton, New Jersey area prices
were up 1.5% from a year ago

Loan Review Officer in Lowell, MA
Performs reviews of the bank’s commercial loans to ensure compliance with established policies and standards.
December 26, 2019
Loan Review Officer in Lompoc, CA
Evaluate the activities of lending personnel, ensuring such activities are compliant with lending policies and the quality of their loan approval, monitoring, and risk grading assessment.
December 25, 2019
Loan Review Officer in Dayton, OH
Performs reviews of assigned small business loans approved through the Business Banking Lending Division (BBLD) to evaluate the assigned risk rating and the quality of the BBLD loan portfolio.
February 18, 2020