Loan Officer

• Underwrite, oversee credit risk, and manage portfolios for complex commercial lending relationships, primarily Special Mention and Classified-rated borrowers
• Administer and monitor a large portfolio of complex commercial loans
• Personally manage loan relationships within the group
• Maintain accurate customer records and files and prepare in-depth management reports
• Monitor credit administration, exceptions, and risk management metrics
• Administer existing loans for conformity with terms and adequate documentation
• Prepare criticized asset reports and review memos
• Coordinate with operations and processing areas to ensure loan payments are collected and recorded
• Maintain current customer risk ratings and update credit-file comments
• Accompany loan officers on sales calls to assist with account details and implementation
• Provide technical guidance and assist staff with complex work
• Train and mentor new and less experienced staff
• Coordinate with the credit department and perform in-depth financial analyses and credit investigations
• Contribute to group loan decision processes based on credit-risk evaluations and other factors
• Visit customers independently and with commercial loan officers to maintain business relationships
• Manage assigned accounts and/or share account-management responsibilities with commercial loan officers
• Perform periodic customer-site inspections to audit accounts and ensure adherence to loan agreements and terms
• Utilize limited personal credit authority under the Relationship Manager’s direction

Loan Officer jobs in New Jersey

Commercial Portfolio Loan Officer III – Workout