EntryLevel Commercial Loan Specialist

Commercial Collateral Lending NJ; Jersey City (NJ); On-site; USD 112,000 - 225,000; Full time

Job summary

A financial services firm is seeking an Entry-Level Commercial Loan Specialist in Jersey City, New Jersey. You will support the commercial lending team by assisting with client onboarding, document collection, and loan assessments. This role is perfect for those starting a career in commercial finance, with full training provided and opportunities for advancement. The ideal candidate will have customer service experience, attention to detail, and strong communication skills.

Qualifications

• Experience in customer service or client-facing roles.
• Ability to collect and organize documentation with precision.
• Proven track record of effective communication with clients.
• Familiarity with basic financial principles or eagerness to learn.
• Ability to work effectively within a team.

Responsibilities

• Assist with onboarding new clients for a smooth experience.
• Collect and organize documentation for loan applications.
• Conduct initial assessments of loan applications.
• Maintain precise records of client interactions.
• Communicate regularly with clients to provide updates.
• Collaborate with the lending team to improve processes.
• Ensure timely and correct submission of paperwork.

Skills

Customer service experience

Effective communication

Organizational skills

Attention to detail

Team collaboration

Job description

As an Entry-Level Commercial Loan Specialist, you will play a key role in supporting the commercial lending team by assisting with client onboarding, document collection, and initial loan assessments. You’ll help maintain accurate records, provide updates to clients, and ensure all required paperwork is submitted correctly. This position is ideal for someone looking to start a career in commercial finance with full training provided and clear opportunities for advancement.

Responsibilities

• Assist with the onboarding of new clients, ensuring a smooth and welcoming experience.
• Collect and organize necessary documentation for loan applications, maintaining accuracy and completeness.
• Conduct initial assessments of loan applications to identify potential issues or areas needing further review.
• Maintain up-to-date and precise records of all client interactions and loan processes.
• Communicate regularly with clients to provide updates and answer any questions they may have.
• Collaborate with the commercial lending team to streamline processes and improve efficiency.
• Ensure all paperwork is submitted correctly and on time, adhering to company standards and regulations.

Qualifications

• Experience in customer service or client-facing roles, ensuring a welcoming and supportive environment.
• Ability to collect and organize documentation with precision, maintaining accuracy and completeness.
• Proven track record of effective communication, keeping clients informed, and addressing their questions promptly.
• Familiarity with basic financial principles or a strong willingness to learn about commercial lending processes.
• Ability to collaborate effectively within a team, contributing to streamlined processes and improved efficiency.
• Strong organizational skills to maintain up-to-date and precise records of client interactions and loan processes.
• Attention to detail in ensuring all paperwork is submitted correctly and on time, adhering to company standards and regulations.

Compensation

Compensation: $112,000 - $225,000 per year