Lending Specialist

vnbcareers; Town of Florida (NY); On-site; USD 50,000 - 70,000; Full time

Job summary

vnbcareers is seeking a Lending Assistant/Loan Processor to act as the primary contact for customers and stakeholders through approval to closing. You will manage deal flow with Relationship Managers and coordinate closing documents with counsel and internal teams to meet regulatory and operational requirements.

The role requires strong interpersonal and communication skills, proficiency with MS Office and banking systems (nCino), and the ability to manage multiple tasks in a fast-paced

Qualifications

• Bachelor requirements not specified; up to 3 years Lending Assistant or Loan Processor experience preferred.
• Must demonstrate strong interpersonal, written and verbal communication skills.
• Proficient with MS Office and bank-specific systems (e.g., nCino).

Responsibilities

• Serve as liaison and primary contact with customers/stakeholders from approval to deal closing.
• Manage deal flow pipeline with Relationship Managers and internal stakeholders for timely closings.
• Coordinate and review closing documentation with counsel or internal prep for due diligence and regulatory requirements.
• Assist with execution and process flow of transactions, escalating issues and designing risk controls.
• Partner with operations teams to ensure proper booking, reconciliations, and cash positions.
• Ensure initial loan funding and ongoing life-of-loan activity is processed and booked.
• Review loan documents for closing and communicate issues to lenders.

Skills

Interpersonal skills

Verbal communication

Written communication

Policy enforcement

MS Office

Bank core system

nCino

Customer service

Time management

Multitasking

Education

High School Diploma or equivalent

Tools

Bank core system

nCino

MS Office Suite

Job description

Responsibilities

Responsibilities include, but are not limited to:

• Act as the liaison and primary point of contact with internal and external customers/stakeholders from approval to deal closing, as well as being point of contact for questions, requests, and inquiries during life of loan monitoring/servicing.
• Manage deal flow pipeline with Relationship Managers and leading the interaction with internal downstream stakeholders to ensure timely closings.
• Coordinate and review closing documentation (with counsel or internal doc prep) and information with relevant stakeholders for due diligence, application processing, insurance, operational feasibility, optimal execution mechanics, and regulatory requirements.
• Assist with the execution and process flow of the transaction, including escalation of issues and designing solutions that ensure risks are covered through adequate controls and protections. Order necessary documents to complete the file and prepare supplemental documents when necessary.
• Partner with relevant operations teams (closing and servicing departments) to ensure proper booking, accrual reconciliations, and daily cash positions.
• Ensure initial loan funding (if there is a draw at close) and ongoing life of loan activity (payments, draws, payoffs, etc.) are properly processed and booked with downstream stakeholders.
• Carefully review loan documents for closing to ensure accuracy; close loans when necessary.
• Communicate with Lenders any issues that arise prior to closing.

Required Skills:

• Excellent Interpersonal skills as well as verbal and written communication skills.
• Confident in ability to enforce policies, procedures and processes when/if challenged.
  Strong PC skills using Microsoft office applications as well as Bank's core system and nCino software.
• Highly proficient in all areas of customer service, organizational skills, data input, time management and handling multiple tasks simultaneously within a high volume, strict deadline work environment.

Required Experience:

• High School Diploma or equivalent; up to 3 years Lending Assistant or Loan Processor experience.

Preferred Experience:

• Knowledge of Commercial Real Estate and C&I loan documentation.