Commercial Lending Administrator I - CRE

About the role

Join one of the most highly regarded financial institutions in New Jersey with deep roots in the community. Provident Bank is a successful and highly regarded multi-billion-dollar bank with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do.

Key responsibilities

• Facilitates obtaining, tracking, cataloging and dissemination of all required Borrower/Guarantor/Property financial information as relates to the CRE loan portfolio.
• Scans financials, appraisals, rent rolls, leases and other borrower/guarantor information required.
• Scans Annual Reviews, Covenant Compliance and Initial financial reviews.
• Generates and maintains all department loan and deposit activity reports, compiles and provides financial data summary status reports to various areas.
• Implements and maintains various department data bases as relates to ongoing loan portfolio and customer management.
• Reviews loan documents and prepares release forms for loans being paid off and assists the Senior Commercial Lending Administrator with ongoing updating of the new money/fee report.
• Ensures all inter-department reports and reconcilements are accurate.
• Provides support assistance, undertakes more technical and complex duties and resolves more complex customer issues.
• Upon receipt of insurance certificates, updates the loan system to reflect current expiration date and save to CRE share folder and FCM.
• Performs related duties as required, which include return items, processing incoming and outgoing mail, assisting CRE team as requested by staff.
• Functions as department administrative coordinator. Completes special projects as assigned.
• Independently troubleshoots, resolves, and addresses complicated issues regarding areas of responsibility to ensure work is completed in a timely and accurate manner.

Minimum qualifications

• A high school diploma or GED is required.
• 2-5 years related experience is preferred.
• Excellent interpersonal verbal communication skills are necessary.
• An attention to detail is essential.
• The ability to define problems, collect data, establish facts and draw valid conclusions is important.
• The ability to prioritize multiple projects and complete them on time is crucial.
• The ability to interpret a variety of instructions, communicate them to others and establish controls to evaluate that these instructions are followed is required.
• The ability to work with a wide variety of personalities in a courteous and efficient manner is beneficial.
• A proper understanding of lending concepts, principles and procedures is necessary.

Working conditions

• Prolonged sitting
• Lifting from 5 to 10 lbs (printer paper, storage boxes)
• Occasional bending or overhead lifting (storing files or boxes)

Hazards

• The hazards are mainly those present in a normal office setting and those present in commuting by car.
• Occasionally may be exposed to those conditions present in public forums and meeting places.