Senior Loan Operations Specialist

Metropolitan Commercial Bank; New York (NY); On-site; USD 85,000 - 95,000; Full time

Job summary

Metropolitan Commercial Bank seeks a Senior Loan Operations Specialist to handle loan processing and customer service for the Commercial Real Estate and Middle Market Loan Portfolios. Ideal candidates will possess strong communication and analytical skills, with 3-5 years of experience in commercial loans. The position promises a competitive salary package and the opportunity to work in a reputable banking environment.

Qualifications

• 3-5 years of commercial loan knowledge is required.
• Familiarity with Community Banking Industries is helpful.
• Work independently & collaboratively.

Responsibilities

• Set up and process new loans, reviewing documentation and funding closings.
• Provide ongoing loan operations support including processing wires and loan payments.
• Evaluate loan closing documents for inconsistencies.

Skills

Detail oriented

Excellent verbal communication

Excellent written communication

Organizational skills

Time management skills

Critical thinking

Sound judgement

Strong work ethic

Education

Associate degree or equivalent experience

Tools

AFS Vision Loan System

Excel

Job description

Join to apply for the Senior Loan Operations Specialist role at Metropolitan Commercial Bank

4 days ago Be among the first 25 applicants

Join to apply for the Senior Loan Operations Specialist role at Metropolitan Commercial Bank

Get AI-powered advice on this job and more exclusive features.

Come Work With Us

Metropolitan Commercial Bank (the “Bank”) is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.

Come Work With Us

Metropolitan Commercial Bank (the “Bank”) is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.

Metropolitan Commercial Bank was named one of Newsweek’s Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.

Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.

The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).

Position Summary

The Senior Loan Operations Specialist will be responsible for the processing/servicing of loans for the bank’s Commercial Real Estate and Middle Market Loan Portfolios. This person will also work with operations and compliance staff and will have heavy customer contact.

Essential Duties And Responsibilities

• Set up and process new loans including review of documentation, fund closings and input loan data to the CORE loan system.
• Provide support for Tax Escrow disbursement for all Commercial Loans.
• Provide on-going loan operations support including processing of wires, rate changes, loan payments, and loan advances.
• Provide on-going loan operations support for loan amendments, renewals and modifications
• Provide best in class customer service including responding to customer and account officer inquiries as well as problem resolution.
• Evaluate loan closing documents/payments/advances for any inconsistencies.
  
  

Required Knowledge, Skills And Experience

• Associate degree or equivalent experience
• 3-5 years of commercial loan knowledge is required; familiar with Community Banking Industries is helpful
• Knowledge of AFS Vision Loan System is a plus
• Proficient in Excel
• Detail oriented
• Excellent verbal and written communication skills, organizational and time management skills
• Strong work ethic
• Sound judgement
• Critical thinking skills
• Work Independently & collaboratively
• Strong interpersonal skills
  
  

Potential Salary: $85,000 - $95,000 annually

This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Industries

  Software Development, Technology, Information and Internet, and IT Services and IT Consulting

Referrals increase your chances of interviewing at Metropolitan Commercial Bank by 2x

Sign in to set job alerts for “Loan Operations Specialist” roles.

New York, NY $150,000.00-$225,000.00 1 week ago

New York City Metropolitan Area 2 weeks ago

New York, NY $110,000.00-$150,000.00 3 weeks ago

New York, NY $130,000.00-$165,000.00 4 weeks ago

New York, NY $175,000.00-$225,000.00 4 days ago

New York, NY $150,000.00-$175,000.00 2 weeks ago

Investment Banking Analyst, Equity Capital Markets

New York City Metropolitan Area $110,000.00-$125,000.00 3 weeks ago

New York, NY $137,500.00-$162,500.00 1 week ago

Employee Benefits Underwriter/Financial Analyst

Asset & Wealth Management, Sustainable Investing, Associate

New York City Metropolitan Area 1 day ago

New York City Metropolitan Area 11 hours ago

New York, NY $70,000.00-$84,000.00 5 days ago

Associate - Investments - Core Infrastructure Private Equity

Risk Analyst - Prestigious Hedge Fund - $250k+ total comp package

New York City Metropolitan Area 3 weeks ago

New York City Metropolitan Area 5 days ago

Englewood Cliffs, NJ $60,000.00-$70,000.00 1 week ago

New York City Metropolitan Area 1 week ago

Associate - Private Credit Investor Relations

New York, NY $150,000.00-$200,000.00 2 weeks ago

New York, NY $84,250.00-$99,650.00 1 week ago

Investment Banking Associate, Technology

New York City Metropolitan Area $150,000.00-$225,000.00 2 weeks ago

Credit/Loan Trading Trade Support Analyst

New York, NY $120,000.00-$145,000.00 2 weeks ago

Investment Banking - Private Capital Markets - Associate

Associate, Investment Banking - Power & Utilities

Global Banking & Markets, Special Assets Group, Associate - New York

Asset & Wealth Management- New York - Associate, Debt Capital Markets - 8714542

New York, NY $170,000.00-$182,000.00 3 days ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.