Assistant Vice President & CRE Loan Officer at Ridgewood Savings Bank | NY, US | Rezi

Assistant Vice President & CRE Loan Officer at Ridgewood Savings Bank

Assistant Vice President & CRE Loan Officer

Ridgewood Savings Bank · NY, US

2 weeks ago

Assistant Vice President & CRE Loan Officer

Ridgewood Savings Bank · NY, US

16 days ago
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Responsibilities

  • Solicit commercial real estate loan submissions secured by multifamily, mixed-use, retail and office properties to meet annual origination targets.
  • Analyze, negotiate, and structure new commercial real estate loan submissions for management and/or Board of Trustee approval.
  • Perform collateral inspections for all new loan applications.
  • Develop and maintain relationships with external business contacts, including borrowers, mortgage brokers, attorneys, real estate agents, developers, and accountants.
  • Collaborate with Commercial Loan Underwriters and Processors to ensure timely loan flow from application to closing and resolve issues.
  • Assist the Bank's portfolio management area with loan conformity to approval terms and loan documents.
  • Support the Bank's mortgage servicing and portfolio management areas with delinquent loans, non-performing loans, and Real Estate Owned.
  • Provide advice and guidance to Department personnel.
  • Stay informed about real estate market trends and changes in commercial real estate lending rules and regulations.
  • Perform other related duties as assigned.

Requirements

  • Minimum of five (5) years of experience in commercial real estate loan origination preferred.
  • Underwriting experience is helpful.
  • Demonstrated ability to source, structure, and originate multifamily and non-multifamily real estate loans in the NY Metropolitan area, including NYC 5 Boroughs, Nassau, Suffolk, Westchester, Rockland, Northern NJ, and Fairfield County CT.
  • Experience originating construction loans, C&I loans, Owner Occupied CRE, and SBA loans is a plus.
  • Demonstrated knowledge of the local commercial real estate market and commercial real estate underwriting practices and requirements.
  • Excellent mathematical and analytical skills.
  • Strong negotiation and sales-related skills.
  • Detail and goal-oriented with excellent organizational skills and the ability to work independently.

Skills

  • Commercial real estate loan origination
  • Underwriting
  • Loan structuring
  • Loan origination
  • Market analysis
  • Real estate market knowledge
  • Mathematical skills
  • Analytical skills
  • Negotiation skills
  • Sales skills
  • Organizational skills

Location

  • NY Metropolitan area
  • NYC 5 Boroughs
  • Nassau
  • Suffolk
  • Westchester
  • Rockland
  • Northern NJ
  • Fairfield County Connecticut

Work Type

  • Full-time

Experience Level

  • Minimum of five (5) years of experience in commercial real estate loan origination preferred

Education Level

  • Undergraduate, four-year college degree preferred

Salary/Compensations

  • $120,000-$150,000/Annually