You haven't searched anything yet.
Loan Officer Trainee (“LOT”) is responsible for the underwriting, documentation, processing, and maintenance of lending products and loan files.
JOB RESPONSIBILITY AND DUTIES:
1. Underwrite commercial loan products following the bank’s loan policy and procedures, and general prudent lending practices.
2. Interview applicants for new loans and discuss loan products and requirements; Perform credit analysis and spreads on financial information; and communicate with management on loans.
3. Site visitations to new borrowers and existing borrowers.
4. Prepare & review files for policy, regulatory, and documentation compliance, including equal credit, fair credit reporting, BSA, and other regulatory requirements.
5. Follow up with tickler items.
6. Provide good service to all clients and potential clients of the Bank, as needed and as required for obtaining necessary documents for other departments of the Bank.
7. Maintains high level of awareness in areas of regulatory compliance, loss prevention, security matters and adherence to Bank’s policies and procedures.
8. Stay informed on all policies, practices, regulations, and laws applicable to your position.
QUALIFICATIONS:
Education and/or experience:
• Bachelor’s degree in Business Administration or related field or equivalent work experience.
• Prior experience in banking and/or lending preferred, but not required.
• Ability to retain broad knowledge of lending tasks.
• 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.
• Strong analytical skills with a thorough understanding of lending operations and client needs.
• Present a professional image in dealing with customers, interdepartmental, and external representatives
Full Time
Banking
$45k-62k (estimate)
04/11/2023
07/20/2024
myopenbank.com
GARDENA, CA
100 - 200
2005
Public
RICHARD MARUOKA
$50M - $200M
Banking
OpenBank is a provider of banking, loan solutions, investments and financial services.
The job skills required for Loan Officer Trainee include Underwriting, Communicates Effectively, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Officer Trainee. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Officer Trainee. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Officer Trainee positions, which can be used as a reference in future career path planning. As a Loan Officer Trainee, it can be promoted into senior positions as a Mortgage Loan Officer II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Officer Trainee. You can explore the career advancement for a Loan Officer Trainee below and select your interested title to get hiring information.