About the role

VP & Loan Officer III managing loan applications at Open Bank's Commercial Loan Center. Underwriting, client interactions, and portfolio management are key responsibilities.

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.

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.

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.