Statewide (NJ) – Commercial Loan Processor (107347)

Vicky has been a Commercial Loan Processor for 20 years.

She is seeking an opportunity with a New Jersey bank.

Vicky’s career skills as a Commercial Loan Processor include:

  • Provided comprehensive commercial lending administrative and operational support to five-person team comprised of commercial lending officers, relationship management team, and loan operations team, ensuring delivery of best-in-class customer service.
  • Ensured compliance with lending requirements relating to origination, processing, closing, and funding commercial loans, ensured adherence to federal and state regulatory guidelines, upheld bank policies, procedures, and standards; maintained knowledge of Patriot Act (CIP), Bank Secrecy Act, and Community Reinvestment Act.
  • Ensured transactions and credit risk functions conformed with bank regulations and credit policies.
  • Released notes and security interests on paid off loans, processed commercial loan payments and advances on lines of credit, prepared UCC-1 filings and releases, and ordered, reviewed, and approved loan documents and requisite reports for new loans, extensions, renewals, and modifications; documented commercial loan package.
  • Communicated status of loan portfolio, including level of exception reporting, past due collections, and loan maturity management. Managed exception tracking, identification, curing, and evidencing with proper file documentation.
  • Compiled reports, prepared customer letters, and followed up on annual financial reporting for customers and security interest documents.
  • Requested spreading and analysis of financial statements for assigned sectors, key business risk analysis, industry and sector analysis, and related economic data.
  • Ordered and reviewed Certificates of Good Standing, verified flood zone certifications during loan origination and renewals, and assisted with periodic covenant checks and credit reviews.
  • Participated in external client meetings in conjunction with relationship manager and internal business meetings.

Vicky is asking for a base salary minimum of $70K (flexible).

Kindly call Jeanie Maher or Tom Szmanda at 847-325-5457 or email us at: