Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. 

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We’re Looking For

Cross River’s Commercial Banking Group is looking for an experienced commercial real estate and construction loan officer to join the team to support business growth, with a specific focus on lending in the New Jersey and Eastern PA (specifically Philadelphia) markets.  This role will be supported by a team of underwriters and analysts.  The Loan Officer will be accountable for executing the team’s plan to grow the commercial real estate and construction businesses and driving day-today loan originations. 

Responsibilities:

• Responsible for sourcing new commercial real estate and construction opportunities by prospecting and networking with other real estate professionals
• Gather and analyze relevant information for loan requests, including the review of property details, property financial statements, client data and other pertinent data to determine overall credit worthiness
• Assess credit risk, establish viability of sources of repayment, and determine appropriate loan structures
• Prepare credit memos and present loans for approval, with recommendations consistent with bank policy
• Build industry relationships and pipeline of deals
• Interact with clients to maintain and enhance business relationships and work with existing clients on renewals and modifications on existing loans
• Maintain current knowledge of internal policies, as well economic, financial, political and legislative trends to determine possible impacts on commercial lending trends
• Perform other duties as assigned

Qualifications:

• 5+ years of relevant commercial real estate and construction lending experience, with a proven track record, preferably with a focus on New Jersey and surrounding areas
• Ability to establish and maintain effective working relationships both internally and externally
• Demonstrated ability to manage and prioritize multiple tasks under tight time constraints
• Excellent analytical, written and verbal communication skills
• Strong organizational skills
• Knowledge of commercial lending trends, competition, regulations, and banking compliance policies and procedures
• Proficiency with Microsoft Office products, especially, MS Excel
• Willingness to travel

Education:

• Bachelor’s degree in Real Estate, Finance, Business, Accounting, Economics, or a related field preferred

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Salary Range: $70,000.00 - $150,000.00 + Commission