Commercial Loan Officer - CRE Lending
ConnectOne Bank, Englewood Cliffs, NJ, United States
ConnectOne Bank is an equal opportunity employer and a member of the Federal Deposit Insurance Corporation. We are a growth organization that values a people‑first culture and empowers employees to achieve their potential.
About this role
The Commercial Loan Officer (CLO) is responsible for developing new business, broadening existing relationships, underwriting, structuring, closing commercial loans, and maintaining and managing an existing portfolio.
The CLO represents the bank in the local community, participates in community affairs, and markets all of the bank’s products and services.
The CLO is responsible for their portfolio from "Cradle to Grave".
In this role you will
Support the Bank’s people‑first focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, and continuously striving to make CNOB a better place to be.
Source, develop, and underwrite new loans, interim and permanent mortgages, and lines of credit for new and existing clients, including collecting and analyzing information regarding the client’s income, assets, investments and debts.
Maximize bank profitability through appropriate pricing of new loan originations, fee income, and selling of all bank products and services; advising clients regarding the advantages and disadvantages of different financial products.
Negotiate terms, structure loan financing based on risk analysis, and present credits for approval to appropriate levels of authority with the bank as required.
Ensure all activities, transactions, and records comply with operational, security, and control procedures of the Bank, preventing fraud and protecting customer assets.
Handle client service issues by conducting research, taking ownership, and following up daily until conclusion.
Review and negotiate all loan documentation for any given transaction.
Must haves
Strong people‑first interest and ability.
Knowledge of relevant Federal and State banking regulations.
Thorough knowledge of procedures and policies with respect to loan transactions.
Familiarity with bank security and safety practices.
Strong understanding of commercial loan documentation.
Minimum five years of CRE lending experience.
Thorough understanding of federal banking compliance and requirements.
Bonus points for
Working knowledge of Google apps and products.
Working knowledge of the nCino loan processing platform.
Bachelor’s degree preferred; commensurate on‑the‑job experience is acceptable.
Formal bank credit training.
Benefits
World‑class health, vision, and dental benefits on day one.
401(k) with employer match.
Hybrid work from home (depending on role).
Employee appreciation events (team building, softball games, food truck days, etc.).
Employee assistance programs (EAP).
Wellness programs (flu shot, preventive care, health program discounts, etc.).
Tuition reimbursement.
Employee discount perks.
CNOB Community Service Events.
…and much more!
Studies have shown that individuals from underrepresented groups may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you’re open to learning new skills and growing with us.
ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.
ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.
Salary: $180,000–$220,000
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About this role
The Commercial Loan Officer (CLO) is responsible for developing new business, broadening existing relationships, underwriting, structuring, closing commercial loans, and maintaining and managing an existing portfolio.
The CLO represents the bank in the local community, participates in community affairs, and markets all of the bank’s products and services.
The CLO is responsible for their portfolio from "Cradle to Grave".
In this role you will
Support the Bank’s people‑first focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, and continuously striving to make CNOB a better place to be.
Source, develop, and underwrite new loans, interim and permanent mortgages, and lines of credit for new and existing clients, including collecting and analyzing information regarding the client’s income, assets, investments and debts.
Maximize bank profitability through appropriate pricing of new loan originations, fee income, and selling of all bank products and services; advising clients regarding the advantages and disadvantages of different financial products.
Negotiate terms, structure loan financing based on risk analysis, and present credits for approval to appropriate levels of authority with the bank as required.
Ensure all activities, transactions, and records comply with operational, security, and control procedures of the Bank, preventing fraud and protecting customer assets.
Handle client service issues by conducting research, taking ownership, and following up daily until conclusion.
Review and negotiate all loan documentation for any given transaction.
Must haves
Strong people‑first interest and ability.
Knowledge of relevant Federal and State banking regulations.
Thorough knowledge of procedures and policies with respect to loan transactions.
Familiarity with bank security and safety practices.
Strong understanding of commercial loan documentation.
Minimum five years of CRE lending experience.
Thorough understanding of federal banking compliance and requirements.
Bonus points for
Working knowledge of Google apps and products.
Working knowledge of the nCino loan processing platform.
Bachelor’s degree preferred; commensurate on‑the‑job experience is acceptable.
Formal bank credit training.
Benefits
World‑class health, vision, and dental benefits on day one.
401(k) with employer match.
Hybrid work from home (depending on role).
Employee appreciation events (team building, softball games, food truck days, etc.).
Employee assistance programs (EAP).
Wellness programs (flu shot, preventive care, health program discounts, etc.).
Tuition reimbursement.
Employee discount perks.
CNOB Community Service Events.
…and much more!
Studies have shown that individuals from underrepresented groups may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you’re open to learning new skills and growing with us.
ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.
ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.
Salary: $180,000–$220,000
#J-18808-Ljbffr