Commercial Lending Specialist - New Brunswick, NJ
About The Position
A great company begins with a great team! Mid Penn Bank is actively seeking a Commercial Lending Specialist in New Brunswick, NJ. We believe that our ongoing success depends upon a skilled, satisfied, and valued work force. As a member of our team, you can expect opportunities to develop your skills to help you excel in your role and achieve your professional career goals. We offer a comprehensive range of flexible benefits to support your personal and financial well-being. Our inclusive culture encourages all employees to share ideas, collaborate, and contribute to the values that make us a winning team for our customers, shareholders, and communities. Position Overview The Commercial Lending Specialist is responsible for performing a variety of administrative and clerical duties to support the commercial lending function.
Requirements
- A high school diploma or equivalent; Associate degree in related field preferred.
- A minimum of one (1) year’s related experience normally required.
- Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations and communicative skills; moderate computer skills, including working knowledge of Windows, Microsoft Word, Excel, and email; ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to manipulate objects, handle or feel, and lift items weighing 20 lbs. or less; visual, auditory and speaking skills.
Nice To Haves
- Three (3) to five (5) years’ financial services experience preferred.
Responsibilities
- Prepares line of credit advances; processes construction draws, acquisition development draws, and construction credit lines as needed.
- Meets with customers on behalf of Commercial Loan Officers to sign documents and distribute proceeds when requested.
- Creates and organizes commercial loan files; checks files for accuracy; reviews checklist for all documents needed, assists in opening accounts as needed; works with lending officer to complete and distribute loan action memorandums (LAM).
- Processes title insurance policies.
- Prepares memos, various reports and letters, and performs other administrative duties for the Commercial Loan Officers as assigned.
- Responds to inquiries relating to his/her particular area, or to requests from customers, other company personnel, etc., within given time frames and within established policy.
- Works with loan officers to resolve post-closing issues, provide customer service, etc.
- Resolves customer issues and problems; provides assistance to employees with customer loan questions
- Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information.
- Maintains log of exceptions; makes follow-up calls to settlement and insurance agents; prepares memos to loan officers regarding exceptions.
- Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the company's compliance with all regulatory requirements; ensures that all office personnel adhere to the same. Manages risk by completing all mandatory compliance and regulatory training assigned by the stated due date.
- Plays an active role in protecting the organization and its customers against fraud by incorporating risk awareness and prevention into daily responsibilities.
- Performs tasks, which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.
- Regular and predictable attendance is required.
Benefits
- Mid Penn Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account, dental and vision insurance; life insurance; 401(k) program with employer match and employee stock purchase plan; paid time off, paid holidays; disability insurance coverage, parental leave; employee assistance program, and tuition reimbursement.
- In addition, all employees are eligible to participate in mentorship programs, receive individualized development and career counseling, and participate in Mid Penn University courses and development programs.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
