Loan Closer - Commercial

Location: Fairfield, NJ | North Plainfield, NJ 07060 | Paramus, NJ
Duration: 12+ Months

About the role

This position is a great fit 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 help 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 help 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