Commercial Loan Officer-Provo and Salem, UT
We are seeking a motivated, experienced Commercial Loan Officer to join our growing company. In this position, you will evaluate and approve or deny loan applications. You will act as a liaison between financial institutions, individuals, and businesses applying for loans as well as process loan applications, solicit loans, and act as intermediary for creditors and borrowers.
About Us
Client is a community-focused financial institution that reflects the positive nature of its native Utah. We pride ourselves on providing a fun and friendly atmosphere, where employees are encouraged to come together as a team. Our bank is progressive with new technology and on-the- job training, retaining current employees and continually adding new positions. Offering competitive employee perks and a beneficial wellness program, client is an inclusive, growing
organization that offers a thriving culture and opportunities to earn a living.
Duties and Responsibilities
- Evaluate credit and financial histories
- Engage with customers and clients to determine loan needs
- Prepare loan proposals
- Process loan applications and documentation
- Advise clients on loan policies and restrictions
- Maintain and update client account records
- Coordinate with team to meet scheduled closing dates
- Submit loan applications and documentations
- Maintain compliance with local, state, and federal laws
- Interview loan applicantsAdvise borrowers on financial status and payment methods
- Advise borrowers on financial status and payment methods
- Perform any and all other duties needed
Requirements and Qualifications
- Bachelor's degree in finance, economics, or related field preferred
- Mortgage loan officers must be licensed as mortgage loan originators (MLO)
- State loan officer license from the National Mortgage Licensing System (NMLS)
- Proficient computer skills, including Microsoft Office Suite
- Knowledge of local, state, and federal loan regulations
- Strict adherence to company financial policies and processes
- Experienced at compiling and following policies and processes
- Able to analyze financial records and transfer data
