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Documentation Specialist (Commercial Banking)

Valley Bank

Wayne, NJ
15 days ago

Job Description

As a Documentation Specialist at Valley Bank, you will play a crucial role in preparing and reviewing loan documents, ensuring compliance and accuracy throughout the lending process. Your expertise in commercial lending documentation will facilitate timely support to lenders and enhance operational efficiency.

Key Responsibilities

  • Prepare and review loan documents
  • Ensure timely delivery of documents to lenders
  • Follow-up for missing items needed for loan documents
  • Perform post-closing follow-ups
  • Respond to questions regarding loan documentation
  • Review Line of Credit Renewals and credit memos
  • Produce and review departmental reports
  • Record and track fees associated with loans
  • Provide support to peers and assist in special projects

Required Qualifications

  • High School Diploma or GED
  • Minimum of two years' experience in Commercial Loan Documentation or related area
  • Extensive knowledge of lending terminology and legal documents
  • Knowledge of lien perfection and recording requirements
  • Ability to create loan documents
  • Ability to read and interpret loan-related documents
  • Basic PC skills including Microsoft Word and Excel

Preferred Qualifications

  • Associates Degree with related experience
  • Paralegal Certificate
  • Familiarity with nCino, Miser, Ilien, Baker Hill, Statewide, and First American Flood Data Services software