Commercial Loan Officer
Cooperative Business Services (CBS) · Washington DC-Baltimore Area · 3 days ago
RemoteRemoteFinance$100k–$130k/yrFull-time
The Benefits of Being Part of the Team
- Compensation: Base compensation for this role ranges from $100,000 - $130,000. This role is also eligible for the Commercial Lender Incentive Program.
- Cell Phone Reimbursement
- Remote Work Environment
- Generous Holidays: Take advantage of 13 paid holidays each year
- Community Service Time: You will have eight hours of paid time each year for volunteer work. You can use this individually or join group activities
- Comprehensive Insurance Coverage: Choose from a selection of medical, dental, vision, and supplemental benefit plans to suit your needs. Additionally, the company provides company-paid Short-Term Disability (STD), Long-Term Disability (LTD), and life insurance equivalent to 1 time your salary.
- 401(k) Plan: The company provides a generous matching contribution of up to 6%.
- Tuition Assistance
- Loan Origination & Structuring: Generate, evaluate, and structure commercial loan opportunities, including CRE, term loans, lines of credit, and SBA 7(a)/504 products.
- Underwriting & Analysis: Perform initial financial analysis and pre-screening to assess creditworthiness and deal viability.
- Pipeline & Process Management: Coordinate with internal teams (underwriting, closing, and administration) to efficiently move loans from origination through closing, ensuring complete and accurate documentation.
- Relationship Management: Serve as a primary point of contact for borrowers, credit union partners, and internal stakeholders to ensure a seamless lending experience.
- Business Development & Networking: Build and maintain referral networks (CPAs, brokers, attorneys, etc.) and represent the organization at events to generate new opportunities.
- Partner Engagement & Growth: Educate clients and partners on lending solutions, maintain regular touchpoints, and support long-term relationship expansion.
- Market & Strategy Alignment: Stay informed on market trends and collaborate with marketing on targeted business development initiatives.
- Service & Professional Standards: Uphold high levels of responsiveness, professionalism, and service in all interaction