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Lending Specialist III

  • Morristown, NJ, United States

$30 to $38 USD / hour

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Job details

Pay
$30 to $38 USD / hour
Apply by
Experience
5-7 years of experience in a Lending Assistant, Loan Processor, or similar loan administration role.
Posting language
English
Posted

Original job description

We are looking for a Lending Specialist to support commercial lending activities in New Jersey. This Long-term Contract position will oversee the progression of loan transactions from pipeline coordination through closing and post-closing activity, while working closely with lending, operations, servicing, and legal partners. The ideal candidate brings strong attention to detail, sound judgment, and the ability to manage multiple deadlines in a fast-paced environment.

Responsibilities:

  • Guide loan opportunities through the pipeline by partnering with Relationship Managers and coordinating with internal teams to help achieve timely closings.
  • Organize, examine, and track closing packages and supporting materials with legal counsel or internal documentation teams to satisfy due diligence, insurance, regulatory, and operational requirements.
  • Support transaction execution by identifying issues early, escalating concerns when needed, and helping implement practical solutions that reduce risk and maintain proper controls.
  • Request and compile required documents to complete loan files, and prepare additional supporting materials when transaction needs change.
  • Work closely with closing, servicing, and operations groups to confirm accurate booking, accrual activity, reconciliations, and daily cash positioning.
  • Coordinate initial funding at closing and help manage ongoing loan activity such as payments, draws, and payoffs to ensure accurate processing and recordkeeping.
  • Review loan documentation carefully for completeness and accuracy, and close loans directly when appropriate.
  • Communicate proactively with lenders and internal stakeholders regarding outstanding items or issues that may affect closing timelines.
  • 5-7 years of experience in a Lending Assistant, Loan Processor, or similar loan administration role.
  • Strong verbal and written communication skills with the ability to build effective working relationships across teams.
  • Demonstrated ability to uphold policies, procedures, and controls with confidence and professionalism.
  • Proficiency with Microsoft Office applications and strong overall computer skills, including experience with loan systems such as core banking platforms and nCino.
  • Excellent organizational, customer service, and data entry skills, with the ability to manage high-volume work under strict deadlines.
  • Experience supporting payment processing, documentation review, reconciliations, and operational coordination within a lending environment.
  • Knowledge of Commercial Real Estate and C&I loan documentation is preferred.
More about this job

Skills

  • Attention to detail
  • Documentation
  • Account reconciliation
  • Recordkeeping
  • Communication skills
  • Microsoft Office
  • Computer skills
  • Customer service
  • Data entry

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