Intermedia Group has been retained to fill the below position for a major Bank in NJ.
Title: Specialist - Commercial Loan Administration/Documentation
Group & Department: Middle Office Group / Credit Control Department
Location: Jersey City, NJ
Type: full time salaried employee of the bank
Salary: up to $50,000
Overall Purpose of Job:
- Review the closing and amendment packages received from the business lines to ensure compliance of the legal documentations within the credit approvals and the institution’s policies and procedures.
- Review closing and amendment packages received from the business lines to ensure compliance of the legal documentations within the credit approvals and the institution’s policies and procedures.
- Ensuring data integrity of the bank’s credit lines by providing accurate instructions to back office for the processing of the bank’s credit products (i.e. loan disbursements, issuance of letters of credit, etc.)
- Process audit confirmations as dictated by the bank’s internal procedures.
- Ability to independently monitor the assigned portfolio upcoming.
- Communicate clearly and efficiently with the various front and back office departments.
- Perform other duties as assigned by the Team Leader and or Manager.
- Two year experience in loan administration/documentation. Must have familiarity with commercial loan documentation and excellent communication skills as position requires interaction with various departments and external customers. Must be able to multi task and prioritize transactions and projects.
- Must be comfortable with Microsoft Office. Team work ability is also essential.
- Some college with relevant work experience, Bachelor of Arts preferred.
If you are interested in pursuing this opportunity, please respond back and include the following
• Full MS WORD Resume
• Current and required compensation
• Current contact information
Upon receipt, one of our managers will contact you to discuss the position in full detail.