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First Bank · 9 hours ago

Commercial Loan Administrator II

Hamilton Township, NJ

Full-time

Onsite

Entry, Mid Level

1+ years exp

First Bank is seeking a Commercial Loan Administrator II to provide exceptional support to the Relationship Management teams. This role involves performing pre- and post-closing tasks for approved commercial loans, ensuring compliance with policies and procedures, and maintaining loan files throughout the loan's life.

BankingFinancial Services

Hiring Manager

Daniel Kiernan

Responsibilities

Prepare customer forms for signature including but not limited to CIP forms, entity certification forms, regulatory disclosure forms

Review of all draft and final loan documents to verify all terms and conditions are properly disclosed

Verify all pre-closing conditions have been satisfied and funding/disbursement calculations are accurately documented prior to closing

Review title commitments, insurance certificates, appraisal reports and other collateral items

Ensure loan is compliant with bank policy and regulatory requirements

Review of all post closing packages to ensure all documents have been fully signed and received, while providing follow up for any outstanding items identified

Scanning and uploading of all documents and forms to bank system in accordance with the guide and bank procedure

Maintain loan files throughout the life of the loan and follow-up and clear exceptions and outstanding collateral items

Monitor expiring items and request information in a timely manner

Prepare loan advance requests

Prepare loan payoff statements

Initiate loan funding wires

Process incoming and outgoing correspondence

Submit invoices for loan related fees

Other duties assigned

Qualification

Loan closing processesDocument reviewRegulatory complianceMicrosoft WordMicrosoft ExcelMicrosoft OutlookCommunicatorMulti-taskingProblem solvingTeam playerDetail-oriented

Required

An employee at the level of a Commercial Loan Administrator II frequently exceeds expectations for goals/objectives and job performance factors

Takes leadership role to facilitate overall team productivity

Completes tasks outside his/her job description in an outstanding way

Demonstrates an above average quality of work under stress or tight deadlines and shows the initiative and leadership that go beyond his/her job description

Demonstrates a willingness to accept extra work

Shows the ability to communicate clearly and foster communication by engaging in the exchange of information

Proposes new or improved ways of performing functions within the department

Receives accolades from internal and external customers or co-workers for excellent work

Is viewed as an 'exceptional performer' and /or leader by co-workers, customers, and supervisors

Demonstrates strong reasoning skills necessary to solve problems and interpret a variety of instructions

Demonstrates proficiency with Microsoft Word, Excel, and Outlook, with the ability to learn the Bank's computer-based systems

This is an experienced position requiring specific knowledge of loan closing processes

One to three years related experience in banking or title company would be required

High School Diploma required