Senior Lending Specialist - Commercial

Location: Manhattan, NYC

Pay

$55-$67 per hour (DOE)

Schedule

Monday-Friday 8AM - 5PM
4 days in office, 1 day remote

Responsibilities

• Act as the liaison and primary point of contact with internal and external customers/stakeholders from approval to deal closing, as well as being point of contact for questions, requests, and inquiries during life of loan monitoring/servicing.
• Manage deal flow pipeline with Relationship Managers and lead the interaction with internal downstream stakeholders to ensure timely closings.
• Coordinate and review closing documentation and information with relevant stakeholders for due diligence, application processing, insurance, operational feasibility, optimal execution mechanics, and regulatory requirements.
• Assist with the execution and process flow of the transaction, including escalation of issues and designing solutions that ensure risks are covered through adequate controls and protections.
• Order necessary documents to complete the file and prepare supplemental documents when necessary.
• Partner with relevant operations teams (closing and servicing departments) to ensure proper booking, accrual reconciliations, and daily cash positions.
• Ensure initial loan funding (if there is a draw at close) and ongoing life of loan activity (payments, draws, payoffs, etc.) are properly processed and booked with downstream stakeholders.
• Carefully review loan documents for closing to ensure accuracy; close loans when necessary.
• Communicate with Lenders any issues that arise prior to closing.
• Other duties as assigned.

Requirements

• 5+ years of relevant experience in commercial lending
• Strong communication skills
• Strong computer skills
• Highly proficient in all areas of customer service, organizational skills, data input, time management and handling multiple tasks in fast-paced environment