Lending Specialist Level 4
IT Accel, Inc. · Fairfield, NJ · 1 wk ago
On-siteOTHRFull-time
Location: Fairfield, NJ 07004. Also available in North Plainfield, NJ 07060 or Paramus, NJ 07652.
About the role
This position is ideal for someone with strong experience supporting commercial loan closings from approval through funding, booking, and ongoing loan servicing. You’ll act as a key point of contact between Relationship Managers, internal operations teams, attorneys/counsel, and other stakeholders to ensure loans close accurately and on time.
Responsibilities
- Manage commercial loan activity from approval through closing, funding, booking, and ongoing life-of-loan servicing support
- Serve as a primary point of contact for Relationship Managers, lenders, internal operations teams, attorneys/counsel, and other stakeholders
- Coordinate deal flow and loan closing timelines to ensure timely and accurate closings
- Review and coordinate closing documentation, due diligence items, insurance requirements, application materials, and regulatory requirements
- Identify, escalate, and help resolve transaction issues prior to closing while ensuring proper controls and risk coverage
- Partner with closing and servicing teams to support proper booking, accrual reconciliations, daily cash positions, payments, draws, payoffs, and other loan activity
- Review loan documents for accuracy and completeness and assist with closings when needed
- Communicate with lenders and internal partners regarding issues, missing items, and closing requirements
Requirements
- 5-7+ years of experience as a Lending Assistant, Loan Processor, Loan Administrator, Loan Specialist, or similar commercial lending support role
- Strong knowledge of commercial loan closing, documentation, funding, booking, and servicing processes
- Experience with Commercial Real Estate and/or C&I loan documentation strongly preferred
- Ability to work with Relationship Managers, attorneys/counsel, closing teams, servicing teams, and internal operations groups
- Strong communication, organization, customer service, follow-up, and time management skills
- Ability to enforce policies, procedures, and processes when challenged
- Comfortable working in a high-volume, deadline-driven banking environment
- Strong Microsoft Office skills
- Experience with nCino or a banking core system is a plus