FVP & Loan Officer IV

ADP, Inc.; Los Angeles (CA); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Medical, Dental, & Vision

Life, AD&D, & Long-Term Disability

Flexible Spending Account (FSA)

401(k) Retirement Savings Plan

Paid Time Off (PTO)

Employee Assistance Program (EAP)

Company Paid Lunch

Job summary

Open Bank is seeking a FVP & Loan Officer IV to join the Commercial Loan Center V team in Los Angeles. You will underwrite, document, process, and maintain a loan portfolio across lending products, ensuring adherence to policies and risk controls.

The role requires hands-on credit analysis, coaching of loan packaging, and direct interaction with clients to determine the best product fit and terms. A strong compliance mindset and professional client service are essential.

Qualifications

• Bachelor’s degree in Business Administration or related field or equivalent work experience.
• Minimum five years of lending experience.
• Strong communication skills, both written and verbal, and professional presentation.
• Ability to interpret complex instructions and analyze data with accuracy.

Responsibilities

• Independently evaluates and underwrites loan applications per policies and prudent lending practices.
• Interview applicants for new loans and discuss products, terms, and requirements.
• Structure loan packages based on client needs and risk profile.
• Conduct thorough credit analysis and present findings and risk considerations to management.
• Site visits to new and existing borrowers.
• Review loan agreements for accuracy and policy compliance.
• Monitor and follow up on outstanding requirements to ensure timely completion.
• Provide high-quality service and obtain documentation to support lending activities.

Skills

Communication skills

Analytical thinking

Typing / Computer skills

Interpersonal skills

Education

Bachelor’s degree in Business Administration or related field or equivalent work experience

Tools

Word processing

Spreadsheets

Email

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

FVP & Loan Officer IV

0035 CLC V Full Time Exempt-No Direct Rep 98 HQ, Los Angeles, CA, US

Salary Range: $80,000.00 To $120,000.00 Annually

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 - T ogether E veryone A chieves M ore

Job Title: FVP & Loan Officer IV
Department: Commercial Loan Center V (HQ Office)

We are looking for a FVP & Loan Officer IV to join our Commercial Loan Center V ("CLC V") team at Open Bank! The FVP & Loan Officer IV is responsible for underwriting, documenting, processing, and maintaining a loan portfolio of lending products.

Key Responsibilities:

• Independently evaluates and underwrites loan applications in accordance with the bank's loan policies, procedures, and generally accepted prudent lending practices.
• Interview applicants for new loans and discuss available loan products, terms, and requirements to ensure appropriate product selection.
• Structure loan packages based on clients’ needs, financial condition, and risk profile while aligning with bank lending standards.
• Conduct thorough credit analysis and risk assessments, and present findings, recommendations, and risk considerations to management.
• Site visitations to new and existing borrowers.
• Review loan agreements to ensure accuracy, completeness, and compliance with bank policies.
• Monitor and follow up on tickler items to ensure timely completion of outstanding requirements.
• Provide high-quality service to existing and prospective clients, including obtaining required documentation to support lending activities and other bank departments.

Requirements/Qualifications:

• Bachelor’s degree in Business Administration or related field or equivalent work experience.
• Minimum five 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.
• Ability to respond effectively to the most sensitive inquiries or client complaints.
• Present a professional image in dealing with customers, interdepartmental members, and external representatives.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Strong analytical skills with a thorough understanding of lending operations and client needs.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.

Employee Benefits & Perks

• Medical, Dental, & Vision :Open Bankoffers 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 Bankpays 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 Bankmatches 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.