Job Details

Commercial Closing Administrator

Company name

SB One Bank

Organization Type

In-House

Job Type

Legal Staff

Date Last Verified

May 14,2019

Valid Through

Aug 27,2019

Posted on

Feb 25,2019

Years of Experience

3-5 yrs required

Location

Kenilworth, NJ, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Finance >> Finance - Banking
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Commercial Closing Administrator
The candidate will be responsible for managing and administering a portfolio of loans from origination through settlement and funding in accordance with Bank policies, procedures, and regulatory requirements. Will provide professional, efficient customer service and due diligence in accordance with bank policy and procedures. Prepares Commitment Letters; determines required due diligence for all loan requests; orders and reviews all searches as necessary. Prepares/reviews loan documentation utilizing LaserPro Software as necessary from beginning to finish ensuring adherence with bank policy procedures, lending conditions and regulatory requirements; ensures appropriate lending authorities are adhered to. Maintains clear documentation. Coordinates loan closings. Operates as a liaison with bank counsel, compliance, loan operations and various other parties to the loan as needed. Ensures data quality of loan systems; manages and may take appropriate actions to ensure loans are booked properly; prepares the booking sheet for Loan Operations and funds the loan; ensures all loans are closed without exceptions. Prepares loan documentation file for QC review and Loan Operations. Participates in special projects; assists in the development and making recommendations of procedures and process flow; performs additional duties as required. Serves as a resource for Commercial Sales Assistant as needed. Executes SB One Bank’s Guiding Principles. Should have a 4 year degree or equivalent experience. 3-5 years’ related experience required. Paralegal knowledge/experience is preferred.

Additional info

Requisition ID : 1054

Company info

Hiring Coordinator
SB One Bank
490 Kenilworth Blvd
Kenilworth, NJ 07033

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