Industrial Bank is a Community Bank that was established in 1934 and has been successfully operating for 91 years. It has acquired the distinction as a Community Development Financial Institution, with a mission to invest in low to moderate income communities we serve in the Mid-Atlantic region ranging from DC, Maryland, Virginia, New Jersey and New York City. Industrial Bank is known for its community engagement and volunteer participation in all the communities it serves. We embrace a culture of Professional Kindness and Ideal Team Player. This is a hybrid position, with a work location in Newark, NJ. Industrial Bank provides health, dental, vision, 401k, performance bonuses, vacation, sick/safe pay, personal days, company paid short and long-term disability and life insurance plan. We are seeking a qualified Mortgage Loan Officer for our Residential Lending Department, located at our Administrative Offices at 12 Lombardy St, Newark, NJ This is a salary plus commission position. This position requires an active NMLS Certification License. The qualified candidates must demonstrate prior experience in the following job functions: Must demonstrate experience and knowledge in residential lending functions Must demonstrate experience and knowledge in residential lending functions Originate and develop new loan business Proactively develop and foster partnership with builders, developers, real estate brokers and additional potential resources. Guide and educate client through the application process by communicating and answering questions. Meet minimum monthly closed loan production (3 loans) Participate in business related development activities to contribute to community efforts to promote homeownership Ability to explain the different loan programs and credit terms available. Maintain thorough knowledge of lending programs, policies, procedures, and regulatory requirements. Keep up to date with compliance and secondary market programs. Analyze personal and financial information for potential clients. Provide guidance to prospective applicants who have problems qualifying for traditional loan products. New business leads and loans necessary to meet assigned goals. Develop and maintain relationships with retail, commercial, and consumer divisions Tracking processing of loan applications to meet customer needs and earn income for the bank. Timely and accurate information for use in the analysis of loan applications. Secure supporting loan documentation Provide ongoing status reports to applicant, realtor, and builder on loan process Maintain customer satisfaction at all levels Required education and experience A high school diploma and some college preferred in business administration 5 years experience is processing residential or consumer loans Familiarity with loan processing procedures. Knowledge of financial analysis and credit risk ratings Strong time management skills Good communication skills and have good judgement, Be dependable with excellent customer service skills Additional eligibility preferences (types), if applicable. Loan Origination Systems (LOS) Microsoft Suite Knowledge of computer software programs used to evaluate loan information