Loan Officer - Housing & Neighborhood Services

The City of Savannah Housing & Neighborhood Services Department is looking for the next Loan Officer to join their team.  As a Loan Officer you will be responsible for marketing, originating, processing and closing all departmental housing loans and/or grants. 

We offer an excellent benefits package to include health, dental and vision, defined contribution plan (457b), life insurance, wellness programs, vacation, sick leave, paid holidays, employee assistance program, home buyers' program, tuition reimbursement and more!   

• Markets, originates, processes, and brings to closing owner-occupied home repair, rental property repair, home purchase, and/or housing development loans and/or grants.
• Works collaboratively with City departments, non-profits, and others to deliver programs, find opportunities, and resolve challenges.  
• Attends and presents information at a variety of community and partner meetings. 
• Explains programs to applicants and other interested parties.
• Takes, reviews, verifies, and documents information reported on applications.
• Identifies and helps resolve, where possible, impediments preventing immediate assistance participation in loan and/or grant programs.
• Performs complex financial calculations and analysis of household income, debt service, debt load, credit, and financing options including layered financing.
• Determines most appropriate type, amount, terms of loan and/or grant assistance.
• Orders and/or reviews home inspections and cost estimates from Construction Services staff and/or other inspection or appraisal professionals.
• Reviews contractor cost proposals.
• Obtains and reviews environmental reviews to ensure compliance with flood insurance, lead paint, SHPO, and other funding source requirements.
• Presents loan and/or grant proposals to the Loan Review Committee for approval.
• Prepares and reviews loan and/or grant closing documents,
• Coordinates loan and/or grant closings with clients and, where applicable, attorneys, realtors and funding partners.
• Documents and assists with problem resolution during and following projects. 
• Develop new and maintains existing funding partnerships.
• Maintains audit ready organized, complete, and accurate files.
• Utilizes Neighborly, Excel, and other software to document, track, and report on project status and results. 
• Performs other related duties as assigned. 

Requires an Associate's Degree in Finance, Business Management, or related financial field; with four (4) years of experience in loan preparation and underwriting or an equivalent combination of education and experience.
 
Must possess and maintain a valid state driver's license with an acceptable driving history.
 
Additional Requirements
Background investigation, including supervised drug screen, post offer/pre-employment medical screen; and verification of education, certifications, and licenses required prior to employment

Work Schedule: M - F 8:00 a.m. - 5:00 p.m.KNOWLEDGE, SKILLS & ABILITIES: 

• Knowledge of loan origination, processing and closing procedures and policies.
• Knowledge of generally accepted accounting principles.
• Knowledge of modern office practices and procedures.
• Knowledge of consumer protection laws.
• Knowledge of job-related software programs.
• Knowledge of computers and other modern office equipment.
• Skill in loan/grant origination, processing and closing.
• Skill in establishing priorities and organizing work.
• Skill in the operation of computers and other modern office equipment.
• Skill in public and interpersonal relations.
• Skill in oral and written communication.

MINIMUM STANDARDS: 
SUPERVISORY CONTROLS:  The Housing Manager assigns work in terms of general instructions.  The supervisor spot-checks completed work for compliance with procedures, accuracy, and the nature and propriety of the final results.
  
GUIDELINES:  Guidelines include department standard operation procedures, Consumer Protection and federal laws and guidelines.  These guidelines are generally clear and specific but may require some interpretation in application.
  
COMPLEXITY:  The work consists of related clerical and financial accounting duties.  Strict federal regulations contribute to the complexity of the position.
  
SCOPE AND EFFECT:  The purpose of this position is to perform specialized accounting work in support of the department's loan servicing activities.  Successful performance in this position results in the efficiency of department operations.
  
PERSONAL CONTACTS:  Contacts are typically with co-workers, other city employees, homeowners, insurance agents, lawyers, and members of the general public.
  
PURPOSE OF CONTACTS:  Contacts are typically to give or exchange information, provide services, and resolve problems.
  
PHYSICAL DEMANDS:  The work is typically performed while sitting at a desk or table or while intermittently sitting, standing, stooping. The employee occasionally lifts light objects.
  
WORK ENVIRONMENT:  The work is typically performed in an office.
  
SUPERVISORY AND MANAGEMENT RESPONSIBILITY: None.

Salary : $42,861