Job Title: VP & Loan Officer III
Department: Commercial Loan Center III (HQ or OC Satellite Office)We are looking for a VP & Loan Officer III to join our Commercial Loan Center III ("CLC III") team at Open Bank! The VP & Loan Officer III is responsible for underwriting, documenting, processing, and maintaining a loan portfolio of lending products.
Key Responsibilities:
- Independently evaluates and underwrites loan applications in accordance with the bank's loan policies, procedures, and generally accepted prudent lending practices.
- Interview applicants for new loans and discuss available loan products, terms, and requirements to ensure appropriate product selection.
- Structure loan packages based on clients' needs, financial condition, and risk profile while aligning with bank lending standards.
- Conduct thorough credit analysis and risk assessments, and present findings, recommendations, and risk considerations to management.
- Site visitations to new and existing borrowers.
- Review loan agreements to ensure accuracy, completeness, and compliance with bank policies.
- Monitor and follow up on tickler items to ensure timely completion of outstanding requirements.
- Provide high-quality service to existing and prospective clients, including obtaining required documentation to support lending activities and other bank departments.
Requirements/Qualifications:
- Bachelor's degree in Business Administration or related field or equivalent work experience.
- Minimum five years of experience in lending required.
- Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
- Ability to respond effectively to the most sensitive inquiries or client complaints.
- Present a professional image in dealing with customers, interdepartmental members, and external representatives.
- Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
- Strong analytical skills with a thorough understanding of lending operations and client needs.
- Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.
Employee Benefits & Perks
- Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
- 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. Employees are eligible to participate on the first of the month following 90 days of employment.
- 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 view current job openings, please visit
Open Bank Careers Page: https://myopenbank.com/about/#
