Lending Officer jobs in New York
Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Lending Officer jobs
Lending Officer
- LE001 Federal Home Loan Bank of New York
-
New York, NY
FULL_TIME
- Primarily responsible for assisting with credit lending activities, manage the operational requirements for credit extensions as well adhering to all compliance requirements. Essential Job Functions: Governance Ensure compliance with standards and regulatory requirements related to lending activities. Conduct periodic reviews of credit risk policies and standards. Assist Principal Credit Lending Officer to develop and implement strategies to promote safe and sound lending practices and minimize risks. Ensure member creditworthiness is factored into the decision-making process and complies with policies, standards, and requirements. Maintain up-to-date understanding of the Member’s credit Risk profile (e.g., troubled members, largest borrowers, watchlist members, etc.) Keep up-to-date with industry trends and changes in regulations. Stay informed about FHLB regulations, FHFA guidelines, and federal requirements impacting the financial industry. Policy and Standards Assist Principal Credit Lending Officer to update and implement lending policies, standards, and procedures. Communicate changes in policies and standards to relevant Member Business stakeholders. Communicate changes in business products, activities, processes and controls and coordinate approval of changes with the group/department head. Assist with watch list member activities such as monitoring, reporting, analytics and creating procedures. Process and Controls Collaborate with 2nd LoD Risk Management to implement robust credit risk assessment processes to evaluate member creditworthiness. Monitor credit exposures limits and risk concentrations. Establish controls to mitigate credit risk throughout the lending lifecycle. Conduct periodic reviews of lending processes to identify opportunities for improvement and efficiency. Understand key processes and associated risk and controls, including domain-specific processes and risks. Assist in the process of loan approval, to confirm that all loans align with the institution's lending standards and risk acceptance prior to final approval. Collaborate to establish frameworks for monitoring and testing the effectiveness of controls in the lending process. Issues and Events Identify and escalate emerging credit risks and issues. Investigate and resolve credit-related incidents and breaches. Conduct root cause analysis of credit losses or near-misses. Collaborate with 2nd LoD Risk Management to analyze internal and external loss events to identify new risks. Track, update, and report on risk events and issues, including remediation plans into an appropriate tool or system. Risk Appetite Support and communicate the Bank’s risk appetite for lending activities. Monitor adherence to risk appetite metrics (thresholds and limits). Collaborate with Principal Credit Lending Officer to review appetite statements and risk indicators based on changing market conditions. Risk Profile and Reporting Collaborate with 2nd LoD Risk Management to assess the overall credit risk profile of members and lending portfolio. Collaborate with 2nd LoD Risk Management to monitor key credit risk indicators and metrics (e.g., troubled members, largest borrowers, watchlist members, etc.) and quality metrics (equity price monitoring). Support and conduct periodic stress testing and scenario analysis to assess portfolio resilience. Collect and consolidate content for risk management's reporting to management, board, audit function and/or regulators. Continuous Improvement Implement enhancements to lending processes based on lessons learned and industry leading practices. Develop and provide training to improve Member Business staff’s understanding in credit risk management. Conduct periodic reviews and assessments to identify areas for process improvement. Embed mindset of continuous improvement, drive transparency, governance and changes that result in continuously improving the lending environment. Skills: Ability to assess and manage credit, collateral, and counterparty risk(s) across lending product offerings (e.g., secured loans) and portfolios. Proficiency in reviewing and understanding financial and underwriting analyses to evaluate member creditworthiness and assess lending viability. Expert use of Microsoft Office Suite and Adobe Pro, use of data queries and SQL experience a plus. Effective communication (written and verbal) and interpersonal skills. Detail oriented with strong organizational and documentation skills. Ability to work collaboratively in a team-oriented environment. Knowledge of lending regulations, FHLB regulations, FHFA guidelines, and federal compliance requirements. Education: Bachelor’s degree in business, finance, or related field required. Master’s degree is a plus. Required Experience Minimum of five years in credit analysis, compliance, or a related role in the financial industry. Salary Range: $160,000 - $180,000 Skills: The Federal Home Loan Bank of New York is committed to recruit, hire, develop, motivate, promote, retain, and compensate all applicants and employees in a nondiscriminatory manner without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a parent, disability, genetic information, military or veteran status, or any other characteristic protected by applicable law (including title VII of the Civil Rights Act of 1964).
- 2 Days Ago
Business and Commercial Lending Officer
- Lower East Side People's Federal Credit Union
-
New York, NY
FULL_TIME
- Lower East Side People’s Federal Credit Union Job Description: Business and Commercial Lending Officer Reports to: Commercial Lending Manager/Chief Lending OfficerRequirements: B.A. degree and at leas...
- 4 Days Ago
VP - Corporate Lending Officer
- Pioneer
-
Albany, NY
FULL_TIME
- TITLE: Vice President – Corporate Lending Officer LOCATION: Headquarters REPORTS TO: Senior Vice President – Corporate Lending Team Leader CLASSIFICATION: Full Time, Exempt PAY GRADE: EX75 ($114,000 -...
- 7 Days Ago
Principal Lending Officer
- LE001 Federal Home Loan Bank of New York
-
New York, NY
FULL_TIME
- Primarily responsible for managing and overseeing credit lending activities and operational requirements, developing and implementing credit lending decision recommendations. Full responsibility for a...
- 1 Day Ago
Credit Officer - Corporate Lending
- MJ Boyd Consulting
-
New York, NY
FULL_TIME
- Job Requirements: · High level of analytical skills to conduct initial commercial loan analysis and monitor the loan's progress in consideration of market trends, credit/interest rates, economic condi...
- 25 Days Ago
Community Lending Officer - Brooklyn - (Hybrid)
- Citi
-
BROOKLYN, NY
OTHER
- The Community Mortgage Lending Officer is an entry level position responsible for driving mortgage sales and client relationships through engagement with community clients, diverse real estate agents,...
- 4 Days Ago
Lending Officer jobs at Popular Companies
Lending Officer
- Lewis James Professional
-
Atlanta, GA
- Lending Officer (Atlanta, GA) Lewis James Professional is a woman-owned staff augmentation, project consulting and direc...
- 6/10/2024 12:00:00 AM
Chief Lending Officer
- Alpha Search USA
-
- 1B community bank looking for a chief lending officer in Central Oklahoma. Will look at out of state candidates.
- 6/10/2024 12:00:00 AM
SBA / Commercial Lending Officer
- Financial Staffing LLC
-
Dallas, TX
- SBA / Commercial Lending Officer - Dallas Qualifications - Commercial Lending Officer Related college degree, successful...
- 6/10/2024 12:00:00 AM
Community Lending Officer - Los Angeles
- Citigroup, Inc.
-
Los Angeles, CA
- The Community Mortgage Lending Officer is an experienced professional responsible for driving mortgage sales and client ...
- 6/10/2024 12:00:00 AM
Senior Licensed Lending Officer
- Loan Depot
-
Southfield, MI
- Position Summary: Our Direct Sales channel is at the core of who we are at loanDepot-a consumer direct marketing powerho...
- 6/9/2024 12:00:00 AM
Chief Lending Officer
- Cornerstone Resources
-
Fort Leonard Wood, MO
- COMPANY DETAIL Chartered in 1954 by their founders with $325 among them and a mission of caring people delivering incred...
- 6/8/2024 12:00:00 AM
EVP, Chief Lending Officer
- First Command Financial Services, Inc.
-
Fort Worth, TX
- Position Specification First Command Bank EVP, Chief Lending Officer The Company First Command Financial Services ("Firs...
- 6/8/2024 12:00:00 AM
Fair Lending Officer
- Larson Maddox
-
- A growing bank is looking to add a Fair Lending Officer to their team! While reporting to the CCO, this role is responsi...
- 6/7/2024 12:00:00 AM
About New York
New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States.
New York covers 54,555 square miles (141,300 km2) and ranks as the 27th largest state by size.[3] The highest elevation in New York is Mount Marcy in the Adirondacks, at 5,344 feet (1,629 meters) above sea level; while the state's lowest point is at sea level, on the Atlantic Ocean.
In contrast with New York City's urban landscape, the vast majority of the state's geographic area is dominated by meadows, forests, rivers, farms, mountains, and lakes. Most of...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Lending Officer jobs
$51,740 to $68,509
Most Popular Cities in New York for Lending Officer Jobs
What does a Lending Officer do?
Lending Officer in Roanoke, VA
A loan officer can describe either a mortgage broker OR a mortgage banker, so be sure to ask when seeking out the right professional for you.
November 15, 2019
Lending Officer in Benton Harbor, MI
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
November 19, 2019
Lending Officer in Somerset, NJ
So once a lender has funded your loan (given you the money), they'll sell it to the investor for cash at a small profit.
November 21, 2019