NB1345 - SBA Loan Specialist

Northfield Bancorp • Rahway, NJ

115d

About The Position

Northfield Bank is seeking an SBA Loan Specialist to support and coordinate all aspects of commercial and real estate loan closings and loan portfolio management. The role involves daily responsibilities such as supporting Relationship Managers, Portfolio Managers, and Team Leaders for loans within the portfolio and new loan originations. Key tasks include loan inputs, payment processing, reviewing, scanning, and uploading files at closing, as well as maintaining the loan pipeline and files. The position is based in Rahway, NJ and is a full-time role.

Requirements

• 3-5 years experience in SBA lending or related fields
• Excellent written and oral communication skills
• Ability to manage priorities and workflow
• Versatility, flexibility, and a willingness to work within constantly changing priorities
• Proficiency in Microsoft Office Suite
• Strong interpersonal skills
• Good judgement with the ability to make timely and sound decisions
• Ability to effectively present information and respond to questions.

Nice To Haves

• Professionalism in work performance including behavior, appearance, and communications.
• Ability to withstand pressure and remain calm in crisis situations.

Responsibilities

• Process all new loan requests including credit reports, flood searches, OFAC, Lexis-Nexis, tax searches, and other property searches.
• Enter loans into the origination system.
• Organize, scan, and maintain all loan files throughout the life of the loan.
• Contact applicants to request any required outstanding documentation.
• Order appraisals, environmental and engineer reports, and monitor progress until completion.
• Track all fees and good faith deposits collected.
• Prepare documentation required to obtain commitment letters from the Closing Department and review commitments for accuracy.
• Coordinate closings with attorneys and prepare final Bank paperwork for loan origination.
• Verify that the loan is input into the Bank core processing system correctly.
• Maintain all construction files and monitor builders risk insurance, permits, and title continuations.
• Order all site inspections.
• Prepare and submit invoices for processing.
• Prepare all documentation for construction advances and line of credit advances and paydowns.
• Assist Portfolio Manager with all Department Internal Reports including past due reports, monthly loan trial balance, new loans closed, payoffs, and deposit reports.
• Follow up with borrowers on post-closing loan undertakings and escrows.
• Handle and service customers with any telephone inquiries regarding new and existing accounts.
• Adhere to Bank policies and procedures.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Management of Companies and Enterprises
• Number of Employees: 251-500 employees