Loan Processor

ConnectOne Bank • Union, NJ

8h • $70,000 - $75,000 • Hybrid

About The Position

ConnectOne Bank is a growth organization by design, part of its DNA, and takes pride in seeing its employees grow with the company. Founded in 2005 by an entrepreneur, it has grown into a high-performing commercial bank, inspiring a new model for the industry's future. By embracing technology and all the ways it can help become a world-class service organization, it supports small business owners by fueling their mission. People First is the blueprint for its culture, at the foundation of everything it does and the decisions it makes. At ConnectOne, employees have the opportunity to be a part of a dynamic culture and team, develop forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”. ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.

The Loan Processor is responsible for ordering investigative reports and processing loan applications to support the Bank’s Residential and Consumer Lending effort.

Requirements

• Strong “People First” interest and ability.
• Knowledge of relevant Federal and State banking regulations (e.g., Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E and US PATRIOT Act).
• Strong management skills.
• Excellent communication and interpersonal skills.
• Attention to detail with ability to prioritize in a high-volume environment.

Nice To Haves

• Knowledge of CNOB products and Residential and Consumer services preferred.
• Working knowledge of Google applications and products
• 1+ year of residential loan processing experience

Responsibilities

• 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 clients excellent service, always striving to make CNOB “A Better Place to Be”
• Review applications for completeness and investigate applicants’ backgrounds.
• Order credit reports (e.g., Experian, property search, appraisal, judgment search or other as deemed necessary) by a lending officer.
• Validate client information supplied on the application (e.g., employment and wage history, telephone numbers; send out Verification of Employment (VOE), Verification of Rent or Mortgage (VOM), Verification of Deposit (VOD).
• Provide applicants with proper disclosures to ensure compliance with federal regulations.
• Assist in preparing loan closing documents; forward to assigned branches or attorneys.
• Create new loan files.
• Handle customer inquiries (phone and written correspondence) as related to their application status.

Benefits

• World class health, vision, and dental benefits on day one
• 401k 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 programs and services discounts, etc..)
• Tuition reimbursement
• Employee Discount perks
• CNOB Community Service Events

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed