NJ Employer LOAN ADMINISTRATOR in Bedminster, New Jersey
Job Title: Loan AdministrationFLSA Status: Non-ExemptDepartment: Loan OperationsReports to: AVP, Loan Servicing ManagerPosition Summary:Responsible for Post-Closing Loan administration of Direct, Agented and Participated LoansPosition Responsibilities:* Post-close booking and review of Direct, Agented and Participated Loans* Process all on-going loan servicing activity (Advances, Pay downs, Interest Payments, Rate Changes, Payoffs, Tax and Escrow)* Customer Service (Respond to internal and external inquiries)* Process amendments and extensions by updating the system, calculating and applying any related fees* Monitor all reconciliation, suspense and past dues for assigned portfolio* Monitor all quarterly and monthly fees* Action all agent notices on participated loans* Accountable to service all loans in accordance with all documents, policies and procedures* Support management with various projects and audit requestsEssential Skills and Experience:* Bachelor Degree in Business Related Field* Minimum 1-3 years working in a Loan Operations Department* Previous experience servicing syndicated loans* Proficient at interpreting Agent Notices* Strong communication skills* Strong client interaction skill set* Detail oriented* Superior multi-tasking skills* Experience with basic office programs and equipment including Microsoft Office* Knowledge of Commercial Lending Credit Agreements* Knowledge of Jack Henry System Silverlake a plus, not a requirement* Knowledge of Syntraks a plus, not a requirementNonessential Skills and Experience:NoneReporting to this position:No Direct ReportsPhysical Demands and Work Environment:The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions:Physical Demands: While performing the duties of this job, the employee is required to walk; sit; stand; use hands; fingers; reach with hands and arms; stoop; talk or hear. The employee may occasionally lift and/or move up to 15 pounds. Specific vision abilities required by the job include close vision, distant vision, color vision, peripheral vision, depth perception and the ability to adjust focus.Work Environment: While performing the duties of this job, the employee is exposed to weather conditions prevalent at the time. The noise level in the work environment is usually minimal.It is Bank policy to provide equal employment opportunity for all persons by administering recruitment, hiring, training, promotion, compensation, benefits, and transfers, for all associates without discrimination because of race, color, religion, national origin, sex, age, disability, protected veteran status, sexual orientation, gender identity or any other legally protected status. Peapack-Gladstone Bank offers reasonable accommodation in the employment process for individuals with disabilities. If you need assistance in the application or hiring process to accommodate a disability, you may request an accommodation at any time. Please contact any member of management at your nearest Peapack-Gladstone Bank office. Equal Opportunity Employer M/F/Individuals with Disabilities/Veteran Status (EOE) (AA).VETERAN COMMITMENT. Peapack-Gladstone Bank commits to hiring returning veterans.