Columbia Bank New Jersey · 1 day ago
Sr. Commercial Closing Representative
Fair Lawn, NJ
Full-time
Hybrid
Mid, Senior Level
3+ years expColumbia Bank New Jersey is seeking a Sr. Commercial Closing Representative who will prepare loan documentation for various types of commercial loans and coordinate closings across multiple regions. The role involves post-closing functions, maintaining compliance with regulations, and training junior representatives.
BankingFinancial ServicesMortgage
Responsibilities
Prepares all documents using the bank’s software systems for commercial loans generated from North, Central and South Jersey
Prepares and reviews files to be closed to ensure all conditions of the loan have been met
Works closely with legal representative of the Bank to make all required changes to loan documents
Researches and follows up with customers, their attorney, title company and commercial lenders on any conditions that are not met
Reviews file with loan officers prior to closing
Interacts and coordinates with borrower, attorneys for both the Borrower and the Bank and to coordinate the scheduling of closings
Prints or electronically prepares the final document package for closing
Inputs supporting loan file documentation into the bank’s document imaging system
Prepares closing file for post-closing review
Prepares and forwards loan information to other areas of the Bank including HMDA/CRA sheets
Completes fee summary, for all commercial loans for the Accounting Department
Posts data received from accounting to the bank’s core processing system
Assists the Loan Servicing Department with boarding data to be entered into the Bank’s core system
Maintains a current knowledge of OCC Regulations, local and national economic, financial political and legislative trends
Determines the possible impact on commercial lending activities
Train junior Closing Representatives with regard to preparation of loan documentation and the use of various Bank systems
Performs other job-related duties as may be assigned including special projects, data clean-up exercises, documentation reviews, etc
Qualification
Required
Bachelor's Degree in Finance, Accounting, Management, or related field
3-5 years of related Commercial Banking and/or Commercial Credit experience
2-3 years of Loan Closing experience desired
Working knowledge and understanding of commercial loan products
Demonstrated proficiency with computer software including MS Office applications
Ability to prioritize and manage multiple assignments with good organizational and time management skills
Strong attention to detail with aptitude for financial reports and accuracy
Strong customer service and communication skills
Ability to work independently, effectively, and efficiently under time constraints
Problem solving skills. Adaptable to change
Preferred
Working knowledge of nCINO and/or Fiserv DNA desired
Benefits
Medical, Dental, Vision and Rx which are contributory.
Bonus programs.
Employee Stock Option Program (ESOP).
Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
Paid Time Off (PTO) which includes Personal and Vacation Time.
Paid Sick Time.
Bank Holidays.
Employees may participate in the 401k program.
Company
Columbia Bank New Jersey
Columbia Bank New Jersey is a bank that offers home mortgages and home equity loan services in New Jersey.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2018-04-23IPO
Leadership Team
P
Peter Michelotti
Vice President
Recent News
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