NB1345 - SBA Loan Specialist

Job Description

Job Description

Northfield Bank is a full service bank with 38 branch locations throughout New Jersey; and Staten Island and Brooklyn, New York. With a history dating back to 1887, our growth continues through expansion of our presence in local communities and in our Product and Service offerings. Over 300 employees with diverse backgrounds and cultures have come together to make Northfield Bank what it is today. The Bank believes in providing all employees with the opportunity to reach their career potential and encourages advancement within the organization. For more information, please visit www.eNorthfield.com

Job Title : SBA Loan Specialist

Job Location : Rahway, NJ

Job Status : Full-Time

Job Summary

Primarily will be responsible for supporting and coordinating all aspects of commercial and real estate loan closings and loan portfolio management. Daily responsibilities will include but not limited to supporting Relationship Managers, Portfolio Managers and Team Leaders for loans within the portfolio and new loan originations through loan inputs, payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline and files, etc.

Responsibilities Include :

• Process all new loan request (i.e. credit reports, flood searches, OFAC, Lexis-Nexis, tax searches, Relationship work ups, 4506T, UCC searches, municipal searches, collateral searches, other property searches and any additional reports related to loan requests)
• Enter loans into origination system
• Organizes, scans, and maintains all Loan files for Dept. throughout life of loan
• Contacts applicants to request any required outstanding documentation
• Orders all appraisals, environmental and engineer reports and monitors progress until completion
• Tracks all fees and good faith deposits collected
• Prepares documentation required to obtain commitment letters from Closing Dept., reviews commitments for accuracy, and monitors all stages until loan closes
• Coordinates closings with the attorneys and prepares final Bank paperwork for loan origination
• Verify that loan is input into Bank core processing system correctly
• Maintains all construction files and monitors builders risk insurance, permits and title continuations
• Orders all site inspections
• Prepare and submit invoices for processing
• Prepares all documentation for construction advances and line of credit advances and paydowns
• Assists Portfolio Manager with all Department Internal Reports including but not limited to past due reports, monthly loan trial balance, new loans closed, pay offs and deposit reports
• Follow-up with borrowers on post-closing loan undertakings and escrows
• Handles and services customers with any telephone inquiries regarding new and existing accounts (ACH payments, wire transfers, deposit and loan balances, releases, payoff letters, tax issues, insurance, etc.)
• Adheres to Bank policies and procedures
• Perform other duties as assigned

Senior :

An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and / or HR.

(Senior) SBA Loan Specialist

Job Summary :

Primarily will be responsible for supporting and coordinating all aspects of SBA loan servicing. Daily responsibilities will include but not limited to the oversight and review of SBA loans, input or callback of loan servicing activities such as payment processing, reviewing, scanning, and uploading flies at closing, maintaining loan pipeline, reviewing and obtaining expired insurance, preparing files that have been paid in full, etc.

Responsibilities Include :

Senior :

An individual may be hired as or promoted to a Senior level based on their level of experience and expertise in the job responsibilities at the discretion of the hiring manager, executive sponsor and / or HR.

Core Competencies :

Preferred :

Professionalism - Sets a good example in every aspect of work performance including behavior, appearance and communications. Interacts with colleagues and customers in a courteous and respectful manner. Possesses high ethical standards and maintains confidentiality when needed. Exhibits a positive professional impression through appropriate business attire in compliance with the company dress code. Demonstrates ability to withstand pressure and to remain calm in crisis situations.

Job Requirements :