USAmeriBancorp

Sr. Lending Specialist

USAmeriBancorp$70K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Excellent interpersonal, verbal, and written communication skills.
  • Ability to enforce policies and procedures confidently.
  • Strong computer skills with Microsoft Office and Bank's core systems, including nCino software.
  • Proficient in customer service, organizational skills, and time management in a high-volume environment.
  • High School diploma or equivalent with at least 5 years of experience as a Lending Assistant, Loan Processor, or in a supervisory role.
  • Preferred knowledge in Commercial Real Estate, C&I, or specialized loan documentation.

Responsibilities

  • Assist Team Lead in training and mentoring new Lending Specialists for consistent workflow.
  • Act as the main contact for customers and stakeholders throughout the loan process.
  • Manage the deal flow pipeline and coordinate with Relationship Managers for timely closings.
  • Review closing documentation and collaborate with stakeholders on due diligence and regulatory requirements.
  • Oversee transaction execution and escalate issues while designing risk mitigation solutions.
  • Partner with operations teams to ensure proper loan booking and daily cash positions.
  • Ensure initial loan funding and ongoing processing of loan activities. Ensure accuracy in loan documents and communicate any issues to lenders.

Benefits

  • Opportunities for professional development and mentorship.
  • Collaboration within a dynamic team environment.
  • Exposure to various loan types and practices, enhancing career growth.
  • Access to advanced software tools and resources.
Full Job Description
Responsibilities include, but are not limited to:
  • Assist Team Lead by training and mentoring new or junior Lending Specialists to ensure consistency with workflow and processes.
  • 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 (with counsel or internal doc prep) 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 items necessary to completion of files and prepare supplemental documentation when required.
  • 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.


Required Skills:
  • Excellent Interpersonal skills as well as verbal and written communication skills.
  • Confident in ability to enforce policies, procedures and processes when/if challenged.
  • Strong PC skills using Microsoft office applications as well as Bank's core system and nCino software.
  • Highly proficient in all areas of customer service, organizational skills, data input, time management and handling multiple tasks simultaneously within a high volume, strict deadline work environment.

Required Experience:
  • High School diploma or equivalent and a minimum of 5 years Lending Assistant or Loan Processor and Supervisory experience.

Preferred Experience:
  • Knowledge of Commercial Real Estate, C&I, or Specialized loan documentation.

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

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