Lending Officer
Remote, USA
Full-time
Posted 2025-03-13
Position Overview: The Lending Team is responsible for converting applications into successfully funded loans. A such, the team must fully understand the loan products offered by Working Solutions and the conditions that are necessary for applicants to qualify successfully. The Lending Officer will be responsible for: (1) verifying required documents and packaging loan applications; (2... underwriting loan applications and providing timely feedback and recommendations; and (3) finalizing loans through a comprehensive closing process. Additionally, each Lending Officer also provides support with day-to-day operations of the Lending Team as needed. Key Duties: ? Review new applications and provide feedback and technical assistance to prospective borrowers. ? Analyze loan documents to verify eligibility. ? Perform credit analyses and determine repayment probability using risk management matrices. ? Analyze completed application packages, conduct due diligence and financial analysis, and draft credit memoranda. ? Verify that documents in loan files?such as credit reports, loan applications, and financial statements?are complete, current, and accurate. ? Present loan recommendations to the Director of Lending, Chief Lending Officer, and/or Executive Team as needed. ? Prioritize and track the loan underwriting process in order to meet deadlines and ensure timely submission of loan packages for review. ? Prepare loan closing packages, schedule and facilitate loan closings, and work with applicants on loan documentation. ? Collect and analyze loan conditions and due diligence items from approved borrowers. ? Complete contingencies with clients prior to funding. ? Review all loan applications and disclosures for discrepancies and compliance with regulatory guidelines. ? Maintain electronic files in audit-ready condition for all borrowers. ? Provide general administrative support and ad hoc project support for the Lending Team. ? Support achievement of organizational and departmental goals and outcomes. ? Provide coverage and support for other Lending Officers and Associates as needed. ? Represent the Lending Team in the community, as needed. Required Qualifications: ? Commitment to social justice with work experience in nonprofit or community development, microfinance, social enterprise, and/or small business or related work. ? Bachelor's degree from four-year college or university or 4 years of related experience and training. ? Self-starter with the ability to work independently. ? Demonstrated experience in lending, finance, or credit underwriting. ? Excellent interpersonal skills and ability to work well with diverse constituents. ? Superior analytical and organizational skills and meticulous attention to detail. ? Demonstrated experience in customer service, especially in challenging situations; the ability to be simultaneously clear, firm, and supportive is crucial. ? Demonstrates sound judgment and effective decision-making. ? Experience with data entry and tracking outputs and outcomes through Customer Relationship Management (CRM) platforms is a plus
Similar Remote Jobs
Lending Officer
Posted on: 16-07-2024 18:47
Licensed Therapist - Criminal Justice Services - Community Corrections
Posted on: 16-07-2024 18:47
Licensed Therapist for College Students - Part-Time Remote
Posted on: 16-07-2024 18:47
Manager, Scheduling
Posted on: 16-07-2024 18:47
Manager-International Account Development...
Posted on: 16-07-2024 18:47
Marketing Copywriter
Posted on: 16-07-2024 18:47
Marketing Copywriter
Posted on: 16-07-2024 18:47
Media Liaison
Posted on: 16-07-2024 18:47
Medical Biller - Remote
Posted on: 16-07-2024 18:47
Medical Transcriptionist - REMOTE
Posted on: 16-07-2024 18:47
Flexible Data Entry and Chat Support Jobs Work from Home and Earn $25 to $35 Per Hour
Posted on: 06-02-2025 00:00
Principal Operational Risk Oversight (PULSE)
Posted on: 10-09-2024 00:00
Principal Engineer, Distribution at Loom
Posted on: 31-01-2025 09:58
DoorDash Remote Jobs (Full Time, Data Entry, No Experience) $28/Hr
Posted on: 11-07-2024 07:46
Director of Product Design, UX ? Inspired Shopping(Remote Or Hybrid)
Posted on: 16-07-2024 05:47
In Home Assembly and Installation Technician II supporting Amazon at Goodman Solutions Chantilly, Fairfax County, VA
Posted on: 19-02-2025 06:27
Remote Chat Sales Agent (Part Time Job)
Posted on: 18-02-2025 03:58
Part-Time Collections Representative-Retention - 100% Remote
Posted on: 05-01-2025 17:58
Remote Customer Service
Posted on: 16-07-2024 18:55
Tutor - AP Calculus (Remote) - 35/hr-45/hr
Posted on: 13-11-2024 04:55