Loan Participation Processor (Hybrid)

Connectone-Bank; Union (NJ); Hybrid; USD 50,000 - 65,000; Full time

Benefits offered by this job

World class health, vision, and dental

401k with employer match

Hybrid work from home

Employee appreciation events

Employee assistance programs

Wellness programs

Tuition reimbursement

Employee Discount perks

Community Service Events

Job summary

ConnectOne Bank is seeking a Participation Administrator to process participation loan transactions, mailed payments, and lockbox postings. You’ll support loan operations and maintain accounts with accuracy in a dynamic team environment.

Join a People First culture focused on exceptional client service and regulatory compliance. The role requires 2–3 years in participation loan processing and offers a hybrid work arrangement depending on the role.

Qualifications

• Strong "People First" mindset and ability.
• Knowledge of Bank Secrecy Act, CRA, ADA, Right to Financial Privacy Act, GLBA, Regulation E and US PATRIOT Act.
• Familiarity with bank security and safety practices.
• Knowledge of CNOB products and services.
• Knowledge of loan documentation including maintenance, review and filing.
• Knowledge of participation loans.
• 2-3 years participation loan processing experience.

Responsibilities

• Process all participation transactions for internal and external accounts.
• Process mailed payments and monitor lockbox postings.
• Print and review daily maintenance reports and supporting documents.
• Process loan transactions submitted via email group for branches and external customers.
• Obtain approvals from account officers on advance requests.
• Perform general maintenance on accounts such as address changes and ACH requests.

Skills

People First mindset

Regulatory knowledge

Bank security practices

CNOB products knowledge

Loan documentation knowledge

Participation loans knowledge

2-3 years participation loanprocessing

Job description

ConnectOne Bank is seeking a Participation Administrator to process participation loan transactions, mailed payments, and lockbox postings. You’ll support loan operations and maintain accounts with accuracy in a dynamic team environment.

Join a People First culture focused on exceptional client service and regulatory compliance. The role requires 2–3 years in participation loan processing and offers a hybrid work arrangement depending on the role.