Loan Processing Specialist

2 weeks ago


Jersey City, New Jersey, United States Citizens State Bank Full time
Position Overview

Citizens State Bank is seeking a dedicated professional to fulfill the role of Loan Administrator. With a legacy of over a century in serving the community, our institution is committed to delivering exceptional service tailored to the needs of our clients.

The Loan Administrator will be responsible for the meticulous preparation of loan documentation across various loan categories, while also managing administrative tasks associated with the loan process. This role is pivotal in ensuring seamless communication regarding loans, maintaining organized electronic loan records, and supporting the overall loan operations.

Key Responsibilities:

  • Prepare documentation for both Consumer and Commercial loans, as well as Overdraft Protection accounts.
  • Ensure compliance with loan regulations and oversee funding processes.
  • Generate general ledger entries and accurately input loans into the core banking system.
  • Monitor technical exceptions and manage the document imaging system effectively.
  • Act as the primary liaison between the commercial lending team and loan operations, facilitating the commercial loan workflow.
  • Collect all necessary information to finalize loans, including setting up staging folders, ordering appraisals, and initiating title processing.
  • Provide ongoing support to customers during the post-approval and closing phases, ensuring they receive timely updates.
  • Conduct daily loan reporting and review processes.
  • Execute all loan maintenance tasks as required.
  • Process participation loan payments and manage incoming/outgoing wires with participating banks.
  • Issue loan payoff statements and verifications upon request.
  • Assist customers through various communication channels.
  • Handle incoming and outgoing wire requests efficiently.

Additional responsibilities may arise as needed. Citizens State Bank is an equal opportunity employer, committed to diversity and inclusion. All qualified candidates will be considered for employment without regard to race, color, religion, sex, national origin, disability, veteran status, or any other protected status. Citizens State Bank is a Member of the FDIC and an Equal Housing Lender.

Qualifications:

  • High School Diploma or GED required.
  • One to three years of relevant experience preferred.
  • Proficient computer skills are essential.
  • Detail-oriented with a strong motivation to succeed.

Employee Benefits:

Citizens State Bank aims to be the employer of choice in our communities, offering competitive salaries, a 401(k) plan with company matching, and comprehensive health, dental, and vision insurance. Additionally, full-time employees enjoy a generous Paid-Time Off plan, which includes all federal holidays. Life and long-term disability insurance are provided at no cost to all full-time employees.



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