VP & Loan Officer III

Open Bank • Carrollton, TX

2d • $80,000 - $100,000

About The Position

Open Bank is seeking a VP & Loan Officer III to join its Commercial Loan Center V team. The position is responsible for underwriting, documenting, processing, and maintaining a portfolio of lending products. The role works with new and existing clients to assess financing needs, structure appropriate loan packages, complete credit and risk analysis, and support lending activities in accordance with bank policies and prudent lending practices.

Requirements

• Bachelor’s degree in Business Administration or a related field, or equivalent work experience.
• At least five years of lending experience.
• Good written and oral communication skills, including the ability to communicate professionally in writing, in person, and over the phone.
• Ability to respond effectively to sensitive inquiries or client complaints.
• Professional conduct when dealing with customers, interdepartmental members, and external representatives.
• Ability to interpret a wide variety of technical instructions in mathematical or diagram form and work with abstract and concrete variables.
• Strong analytical skills and a thorough understanding of lending operations and client needs.
• Accurate typing and keyboarding skills, and basic computer skills, including word processing, spreadsheet software, and email.

Responsibilities

• Independently evaluate and underwrite loan applications in accordance with bank policies, procedures, and prudent lending practices.
• Interview loan applicants and discuss loan products, terms, and requirements to support appropriate product selection.
• Structure loan packages according to clients’ needs, financial condition, and risk profile while meeting bank lending standards.
• Conduct credit analysis and risk assessments, and present findings, recommendations, and risk considerations to management.
• Visit new and existing borrowers.
• Review loan agreements for accuracy, completeness, and compliance with bank policies.
• Monitor and follow up on tickler items to ensure outstanding requirements are completed on time.
• Provide high-quality service to existing and prospective clients, including obtaining documentation for lending activities and other bank departments.

Benefits

• Medical, dental, and vision insurance for full-time employees and their immediate family members; eligibility begins on the first of the month following the hire date.
• Life, accidental death and dismemberment, and long-term disability coverage, with the full cost paid by Open Bank.
• Flexible Spending Account for eligible health, dependent care, transit, and parking expenses.
• 401(k) plan with a 100% match on the first 6% of employee contributions; participation eligibility begins on the first of the month following 90 days of employment.
• Paid time off accrued beginning at hire, for vacation, illness, or other personal reasons.
• Employee Assistance Program with counseling sessions, online tools and resources, and legal and financial guidance for employees and their families.
• Company-paid lunch twice a week.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior