Commercial Loan Documentation Specialist - PA or NJ

Mid Penn Bank - Millersburg Branch; Mount Laurel Township (NJ); On-site; USD 33,000 - 43,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

401(k) with employer match

Tuition reimbursement

Paid time off

Job summary

Mid Penn Bank is seeking a Commercial Loan Documentation Specialist in PA or NJ. The role focuses on preparing, reviewing, and ensuring accurate loan documents to support smooth closings and bookings.

The candidate will coordinate with lending and other departments, ensure compliance with regulations, and maintain data integrity in a high-volume environment.

Qualifications

• Requires knowledge of loan documentation processes and banking regulations.
• Bachelor’s degree preferred with specialized lending education/training.
• Minimum of three years’ experience in lending documentation or related area.

Responsibilities

• Prepare and review loan documentation to ensure completeness and accuracy.
• Coordinate pre- and post-closing tasks with departments to ensure smooth booking.
• Maintain confidentiality and mitigate risk by following internal policies and regulatory requirements.

Skills

Reading & writing

Interpersonal skills

Attention to detail

Organizational skills

Multitasking

Regulatory knowledge

Education

B.S./B.A. in related field

Financial lending education/training

Tools

Loan documentation software

Loan origination systems

Banking regulations

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Commercial Loan Documentation Specialist - PA or NJ

Regular Full Time Harrisburg, PA, US

10 days ago Requisition ID: 3244

A great company begins with a great team! Mid Penn Bank is actively seeking a Commercial Loan Documentation Specialist in Harrisburg, PA or Mount Laurel, NJ.

We believe that our ongoing success depends upon a skilled, satisfied, and valued work force. As a member of our team, you can expect opportunities to develop your skills to help you excel in your role and achieve your professional career goals. We offer a comprehensive range of flexible benefits to support your personal and financial well-being. Our inclusive culture encourages all employees to share ideas, collaborate, and contribute to the values that make us a winning team for our customers, shareholders, and communities.

Position Overview

The Commercial Loan Documentation Specialist supports the commercial lending department by preparing, reviewing, and ensuring the accuracy and completeness of all loan documentation in accordance with internal policies, regulatory requirements, and loan approval terms. This role plays a critical part in the loan process by mitigating risk, maintaining data integrity, and ensuring a smooth loan closing and booking experience for customers and internal stakeholders. As an integral member of the Lending team, the Commercial Loan Documentation Specialist will coordinate work within the department, as well as with other departments, and must fully demonstrate the organization’s Unwavering Service Standards.

Essential Duties and Responsibilities

• Performs various duties related to the pre-closing loan process asfollows:
• Ensures that all required documentation is included as identified on the checklists as a part of the post-closing review.
• Utilizes a sample verification process used for certain items requested on the pre-closing checklist; independently verifies items when the authenticity is questioned.
• Performs various duties related to the post-closing loan process as follows:
  • Reviews and clears exceptions and deficiencies.
  • Supports quality control and post-closing process as needed.
  • Maintains closed loan list to show on time booking to Senior Management.
• Provides training to other department personnel as required.
• Manages multiple loan files simultaneously, ensuring all conditions and required documents are obtained proactively.
• Monitors documentation pipelines and prioritizes as needed.
• Maintains an acceptable error rate in loan file reviews while managing a high-volume pipeline.
• Assists the immediate supervisor with various administrative tasks to support department operations, as directed; may also be assigned special projects.
• Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information.
• Prepares loan documentation related to loan settlements in accordance with all current government regulations, policies and procedures.
• Performs second checks of loan documentation packages, as needed.
• Maintains confidentiality of customer information.
• Plays an active role in protecting the organization and its customers against fraud by incorporating risk awareness and prevention into daily responsibilities.
• Escalates issues to management as necessary.
• Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate personnel.
• Responds to inquiries relating to his/her particular area, or to requests from customers, other personnel, etc., within given time frames and within established policy.

Education & Qualifications

• A B.S. or B.A. degree in a related field of study preferred, specialized financial lending education and training.
• A minimum of three (3) years' experience is normally required.

Skill(s)

Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations and communicative skills; familiarity with loan documentation, banking operations, and loan servicing; familiarity with loan documentation software, loan origination systems, and banking regulations; strong attention to detail and organizational skills; ability to manage multiple priorities and work under deadlines; ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to finger, handle or feel, and lift items weighing 20 lbs. or less; visual, auditory and speaking skills.

Equipment/Machines

• Telephone
• Printer
• Calculator
• Copy machine

Pay Transparency

We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

The hourly rate range for this position is $24.00-$31.00.

Mid Penn Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account, dental and vision insurance; life insurance; 401(k) program with employer match and employee stock purchase plan; paid time off, paid holidays; disability insurance coverage, parental leave; employee assistance program, and tuition reimbursement.

In addition, all employees are eligible to participate in mentorship programs, receive individualized development and career counseling, and participate in Mid Penn University courses and development programs.

EEO Statement

Qualified applicants are considered without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, genetic information, pregnancy, disability, or protected veteran status. We also comply with all applicable laws governing employment practices and do not discriminate on the basis of any unlawful criteria.

Equal Opportunity Employer–Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Mid Penn Bank currently or in the future.