Lending Specialist

Valley Bank • Phoenix, AZ

4h

About The Position

The Lending Specialist acts as the primary point of contact for internal and external customers and stakeholders, managing the loan process from approval through closing and ongoing servicing. This role involves overseeing the deal flow pipeline, coordinating and reviewing closing documentation for due diligence and regulatory compliance, and assisting with transaction execution to mitigate risks. The specialist will partner with operations teams to ensure accurate booking, reconciliations, and proper processing of all loan activities, including initial funding and ongoing payments. Key responsibilities also include reviewing loan documents for accuracy and communicating any issues to Lenders prior to closing.

Requirements

• 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.
• High School Diploma or equivalent; up to 3 years Lending Assistant or Loan Processor experience.

Nice To Haves

• Knowledge of Commercial Real Estate and C&I loan documentation.

Responsibilities

• 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 leading 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 necessary documents to complete the file and prepare supplemental documents when necessary.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED