Commercial Loan Specialist - Edison

Job Description

Job Description

Position Summary

The Commercial Loan Specialist is a key support function to the commercial lending team. She / he assists with various commercial loan servicing activities, including but not limited to on-boarding of new and existing customer information, direct follow up with customers for required information, assist lending team with meeting reporting deadlines, database management, site visits and preliminary underwriting and customer interaction and correspondence.

Essential Functions

• Address overdrawn accounts situations
• Order credit reports on borrowers from Experian as needed.
• Perform site visits of customers place of business
• Assist team with prep of credit memos with the loan officers for various purposes, including renewals, commitment extensions and loan revisions.
• Process servicing requests for existing loan customers, such as statement requests and copies of other documents.
• Monitor and report on assigned loan portfolio activity to bank management as requested.
• Follow up with borrowers to obtain financial information or documentation
• Follow up with borrowers to obtain open items to facilitate the loan closing process.
• Obtain environmental report bids and engage vendors
• Coordinate with borrowers and branch staff to open required deposit accounts before closing.
• Communicate with people outside the organization on a regular basis including borrowers, brokers, and accountants.
• Analyze personal credit data and personal financial statements to assist in the completion of Letters of Interest and commercial credit underwriting
• Assist with commercial loan / payment collections
• Begin the Loan Proposal write up and input as much information as possible, including existing deposit and loan balances, property info, code page info, etc.
• Attend loan closing if the loan officer is unavailable, depending on level of experience
• Upload all documents and correspondence to Abrigo (financials, LPs, memos)
• Move loans to closing once signed commitment letter and fees are received
• Assist Portfolio Management with obtaining required financials and related information to complete Annual Reviews

Job Requirements and Qualifications

Education and Experience

Licenses and Certifications

Knowledge, Skills, and Abilities

Physical Requirements

Working Conditions

Compliance

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin / nationality, ancestry, religion / religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job , unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.