Commercial Lending Specialist

3 weeks ago


Parsippany, New Jersey, United States Blue Foundry Bank Full time
Job Overview

We are looking for a skilled Commercial Lending Specialist to join our team at Blue Foundry Bank. This individual will be responsible for conducting preliminary underwriting of prospective commercial mortgages/ loans, confirming adequate cash flow to service proposed debt, and partnering with other bank personnel to generate new business.

The successful candidate will have a strong understanding of federal and state banking laws, proficiency with Microsoft 365 Office Suite, and excellent communication and analytical skills. A bachelor's degree in business, finance, or accounting, or a minimum of three years' experience in Commercial real estate lending, C&I lending, and SBA 7a lending is required.

The estimated annual salary for this role is around $110,000, depending on qualifications and experience. Benefits include medical, dental, and vision coverage, life insurance, short- and long-term disability insurance, 401(k)/Roth with company match up to 5%, paid time off, and 11 paid holidays.

The Commercial Lending Specialist will operate primarily from the bank's lending offices but may also work in branches. They will work closely with branch and deposit operations to set up all required depository accounts for customers.



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