USAmeriBancorp

Manager, Loan Operations

USAmeriBancorp • $90K — $120K *
Wayne, NJ 07470In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Strong leadership skills to guide team performance and productivity.
  • In-depth knowledge of commercial lending products and documentation processes.
  • Keen attention to detail for maintaining compliance and data integrity.
  • Comprehensive understanding of bank regulatory requirements.
  • Proficiency in Microsoft Word and Excel for reporting and documentation.
  • Effective communication and organizational skills for team management.
  • Ability to prioritize in a fast-paced environment and meet strict deadlines.

Responsibilities

  • Lead the loan servicing team and facilitate training and performance management.
  • Oversee daily servicing operations for complex loan types including C&I and CRE loans.
  • Ensure adherence to regulatory compliance and act as a liaison during audits.
  • Analyze workflows to implement efficiency improvements and automation.
  • Serve as the primary contact for lenders and borrowers to resolve urgent issues.
  • Manage reporting accuracy for various audiences, including regulatory bodies.

Benefits

  • Opportunity for professional growth and leadership development.
  • Engagement in a dynamic work environment with varied responsibilities.
  • Access to ongoing training and improvement programs.
  • Chance to lead a dedicated team in a well-established company.
Full Job Description
Responsibilities include but are not limited to:
  • Lead and develop loan servicing team, including training, performance management, staffing, and fostering continuous improvement.
  • Direct daily servicing operations for complex loan types (C&I, CRE, participations, syndications), covering booking, funding, payments, draw requests, payoffs, and account maintenance.
  • Ensure compliance with federal/state regulations, internal policies, and controls; serve as liaison for audits and regulatory reviews.
  • Analyze workflows and implement process improvements or automation initiatives to enhance efficiency and accuracy.
  • Act as primary liaison with lenders, relationship managers, participating banks, and borrowers to resolve complex, time-sensitive issues.
  • Oversee reporting and data integrity, including management, board, investor, and regulatory reports, tax forms, and collateral documentation. Support audits and quality control reviews.


Required Skills:
  • Strong leadership skills to set standards for subordinates, resolve problems, support change and increase productivity.
  • Strong understanding of commercial lending products, loan documentation and industry software.
  • Extensive attention to detail with a focus on identifying discrepancies, ensuring data integrity, and maintaining compliance with internal policies.
  • Extensive knowledge of bank regulatory requirements.
  • Proficient PC skills including Microsoft Word and Excel.
  • Effective communication and organizational skills.
  • Ability to prioritize daily work assignments while working in a demanding environment is required.
  • Ability to meet deadlines defined by Bank and regulators.


Required Experience:
  • High School Diploma or GED equivalent. Minimum of 10 years of experience in commercial loan operations, loan documentation and management experience.

Preferred Experience:
  • Bachelor's Degree in related subject (BA or Finance).

About USAmeriBancorp

Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey with approximately $42 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, Florida, and Alabama. Valley Bank holds approximately $29 billion in assets. ,Valley Bank is one of the largest commercial banks headquartered in New Jersey.
Learn more about USAmeriBancorp
Industry
Legal & Accounting
* Ladders Estimates

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