Lending Specialist

Madison-Davis, LLC; Fairfield (NJ); On-site; USD 33,000 - 55,000; Full time

Job summary

Madison-Davis, LLC is seeking a Lending Specialist to coordinate loan closings from approval through funding and support ongoing loan servicing. This in-office role requires strong loan documentation knowledge, attention to detail, and the ability to manage multiple transactions in a deadline-driven environment.

You will serve as the primary contact for lenders and clients, review documentation, identify issues, and coordinate with operations to ensure accurate booking and cash positions.

Responsibilities

• Serve as the primary point of contact for lenders, clients, and internal stakeholders throughout the loan closing process.
• Manage deal pipelines and coordinate with Relationship Managers and downstream teams to support timely closings.
• Review loan documentation, due diligence materials, insurance requirements, and regulatory documentation for accuracy and completeness.
• Identify closing issues, elevate risks, and coordinate solutions to ensure appropriate controls and documentation.
• Coordinate loan funding, booking, payments, draws, payoffs, and other ongoing loan activity.
• Partner with loan operations and servicing teams to ensure accurate booking, accrual reconciliations, and cash positions.
• Communicate potential delays, documentation gaps, and other issues to lenders and relevant stakeholders.

Job description

Title: Lending Specialist

Office Status: In-Office

Pay Rate: Up to $40/hr

Contract Length: Not specified

ABOUT THE ROLE

A financial services organization is seeking an experienced Loan Closing Specialist to coordinate lending transactions from approval through closing and support ongoing loan servicing. This role requires strong loan documentation knowledge, attention to detail, and the ability to manage multiple transactions in a deadline-driven environment.

RESPONSIBILITIES

• Serve as the primary point of contact for lenders, clients, and internal stakeholders throughout the loan closing process.
• Manage deal pipelines and coordinate with Relationship Managers and downstream teams to support timely closings.
• Review loan documentation, due diligence materials, insurance requirements, and regulatory documentation for accuracy and completeness.
• Identify closing issues, elevate risks, and coordinate solutions to ensure appropriate controls and documentation.
• Coordinate loan funding, booking, payments, draws, payoffs, and other ongoing loan activity.
• Partner with loan operations and servicing teams to ensure accurate booking, accrual reconciliations, and cash positions.
• Communicate potential delays, documentation gaps, and other issues to lenders and relevant stakeholders.