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Newbold Advisors
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Commercial Loan Officer
Newbold Advisors Minneapolis, MN
$72k-96k (estimate)
Full Time | Contractor | Business Services 2 Weeks Ago
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Newbold Advisors is Hiring a Commercial Loan Officer Near Minneapolis, MN

Job Summary
We are seeking a highly motivated and experienced Commercial Loan Officer to assist clients in obtaining commercial loans. You will work closely with clients to understand their financial needs and guide them through the loan application process.

Responsibilities

  • Commercial Loan Officer with 3 years of experience to target small business sectors
  • Gather information from applicants re their business, lending, and earnings
  • Provide financial guidance and advice to clients
  • Utilize lending authority to approve/reject loans
  • Maintain ongoing customer relationships

Requirements

  • Bachelor’s degree
  • Motivated relationship builder
  • Strong prospecting, negotiation, and follow through skills
  • Current knowledge of lending laws and able to relate to all levels of business

Job Types: Full-time, Contract

Pay: $115,000.00 - $140,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Paid time off

Compensation package:

  • Commission pay

Schedule:

  • 8 hour shift

Work setting:

  • Hybrid work

Experience:

  • Fair Housing regulations: 3 years (Preferred)
  • Loan origination: 3 years (Preferred)
  • Sales: 3 years (Preferred)
  • Commercial Lending: 3 years (Required)

Ability to Commute:

  • Minneapolis, MN 55407 (Required)

Ability to Relocate:

  • Minneapolis, MN 55407: Relocate before starting work (Required)

Work Location: Hybrid remote in Minneapolis, MN 55407

Job Summary

JOB TYPE

Full Time | Contractor

INDUSTRY

Business Services

SALARY

$72k-96k (estimate)

POST DATE

05/10/2024

EXPIRATION DATE

09/05/2024

WEBSITE

newboldadvisors.com

HEADQUARTERS

CLEARWATER, FL

SIZE

50 - 100

FOUNDED

2006

TYPE

Private

CEO

TERRY COUTO

REVENUE

$10M - $50M

INDUSTRY

Business Services

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The job skills required for Commercial Loan Officer include Commercial Loans, Customer Relationship, Loan Origination, etc. Having related job skills and expertise will give you an advantage when applying to be a Commercial Loan Officer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Commercial Loan Officer. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Commercial Loan Officer positions, which can be used as a reference in future career path planning. As a Commercial Loan Officer, it can be promoted into senior positions as a Group/Region Manager I (Commercial Loans) that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Commercial Loan Officer. You can explore the career advancement for a Commercial Loan Officer below and select your interested title to get hiring information.

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If you are interested in becoming a Commercial Loan Officer, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Commercial Loan Officer for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Commercial Loan Officer job description and responsibilities

Consulting with managers about credit policies, credit lines, standards, and procedures

02/19/2022: El Paso, TX

Advising clients on suitable loan and credit options.

04/17/2022: Lansing, MI

Liaising between borrowers and underwriting departments.

03/12/2022: Queens Village, NY

Training and supervising loan administrators.

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Obtaining and assessing financial information, including financial statements and credit histories.

03/29/2022: Buffalo, NY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Commercial Loan Officer jobs

On-the-job Training & Related Experience.

01/26/2022: Cheyenne, WY

Certification (recommended / optional).

02/26/2022: Grand Rapids, MI

Determine an Acceptable Level of Risk.

03/01/2022: Charleston, SC

Take time each day to count the good things.

04/04/2022: Mcallen, TX

Organize, Organize, Organize.

02/06/2022: Corpus Christi, TX

Step 3: View the best colleges and universities for Commercial Loan Officer.

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