Mail processing Jobs in Norwalk, CA

FVP & Loan Officer IV

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees. We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

Join our TEAM - Together Everyone Achieves More

We are looking for a FVP & Loan Officer IV to join our CLC III team at Open Bank! The Loan Officer IV ("LO") is responsible for the underwriting, documentation, processing, and maintenance of lending products and loan files, as well as overseeing the department in underwriting.

Key Responsibilities:

• Lead the underwriting and evaluation of complex commercial loan transactions in compliance with the Bank's credit policies, procedures, and prudent lending standards.
• Oversee borrower relationships, including structuring loan transactions, advising on credit solutions, and managing key client interactions.
• Conduct high-level credit analysis and review financial spreads, providing strategic recommendations to senior management and credit committees.
• Oversee and validate loan structuring, underwriting assumptions, and risk assessments to ensure consistency and sound credit judgment, while promoting high standards of customer care and client relationship management.
• Review and recommend loan packages, credit memoranda, and documentation for completeness, accuracy, and policy compliance.
• Provide leadership, guidance, and oversight to lending staff, including mentoring loan officers and ensuring adherence to underwriting standards and best practices.
• Monitor and manage the performance of the loan portfolio, including credit quality, risk ratings, and delinquency trends, and implement proactive risk mitigation strategies.
• Identify, escalate, and manage problem loans, and coordinate appropriate action plans to minimize potential losses.
• Ensure compliance with regulatory requirements and internal policies, including Equal Credit Opportunity Act, Fair Credit Reporting Act, and Bank Secrecy Act / AML requirements.

Requirements/Qualifications:

• Bachelor's degree in Business Administration or related field or equivalent work experience.
• Minimum seven years of experience in lending required.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, core banking process systems, e-mail and on-line banking programs.

Employee Benefits & Perks

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.