CRE Loan Officer

Division: Real Estate Financing
Location: Corporate Office – 3756 Central Ave, Riverside 92506
Position Type: Hourly| Non-Exempt | Full-Time
Hourly Pay Range: $35 - $40 per hour, plus commissions

This position does not generally supervise other staff members.

About Provident Savings Bank

Founded in 1956 by Gordon Blunden, Provident Savings Bank was built on a simple but powerful vision: create a lasting business that serves the community for generations.

Today, we continue that mission by delivering exceptional financial services with integrity, personalized attention, and a genuine commitment to our customers and neighbors.

We believe our people are our greatest asset. That’s why we foster a supportive, team-oriented environment where employees are empowered to grow professionally, build meaningful relationships, and make a positive impact in the community.

What You’ll Do

Commercial Loan Origination & Business Development

• Solicit, originate, and coordinate the closing of commercial real estate loans.

• Serve as the primary contact for commercial loan clients, brokers, developers, and contractors.

• Proactively develop new commercial lending relationships and expand existing ones.

• Represent the bank professionally in business development efforts.

Financial & Credit Analysis

• Interview applicants to assess creditworthiness, stability, earnings, and project viability.

• Obtain and analyze financial and credit data for all partners involved in loan projects.

• Arrange for property appraisals and feasibility studies when required.

• Evaluate vacancy factors, collateral, partnership structures, and risk indicators.

• Maintain strict confidentiality of all financial and loan data.

Loan Structuring & Compliance

• Ensure commercial loan packages are complete and compliant with:

  • Bank underwriting guidelines

  • Regulatory requirements

  • Secondary market lending parameters

• Present qualified loan projects to Loan Committee.

• Notify applicants when requests do not conform to current lending guidelines.

• Maintain current knowledge of commercial lending products and regulations.

Reporting Structure

• Reports to: Commercial Sales Manager

• Senior Manager: Senior Vice President, Chief Lending Officer

Qualifications & Licensing Requirements

Education & Experience:

• Business degree preferred; or completion of real estate finance, appraisal, and principles courses; or a minimum of three (3) years of experience in commercial lending functions.

Skills & Expertise:

• Strong working knowledge of commercial lending procedures

• Thorough understanding of equal credit and equal lending regulations

• Excellent financial analysis skills and strong numerical aptitude

• Exceptional attention to detail and organizational skills

• Effective verbal and written communication abilities

• Proven ability to build rapport with clients and internal stakeholders

• Proficiency in Microsoft Word, Excel, and Outlook

Salary : $35 - $40