Senior Commercial Loan Administrator - Florida Market at FIRST BANK – Trenton, New Jersey

Position Summary:

Responsible for the coordination, facilitation and oversight of loan closings and relationship management support for commercial customers. This position will report to the Chief Administrative Officer within the Lending area. Dotted-line reporting will be to the Market Executive in Florida, supporting day-to-day activities as directed by that person.

Duties & Responsibilities:

Position requires a thorough knowledge of business, applicable regulations and affiliated technology. Incumbent must be able to plan, organize and produce results, as well as provide technical, functional and operational expertise in department work policies and procedures. Position has some uncertainty with established parameters for solutions and possesses moderate risk to organization.

• Responsibilities include processing new loan closings, modifications, collateral releases and collection of paydowns in conjunction with sales activities. Reviews commitment letters, Notes, Mortgages, Loan Agreements, and relevant documents prepared by outside counsel for loan closings. Orders and coordinates receipt and review of third-party reports and payment of invoices of same.

• Ensures compliance and required pre-closing due diligence by reviewing pre-closing files to determine receipt of all required items/reports and payment of all fees owed.

• Prepares wire transfer forms and tracking Fed reference numbers for loan proceeds as well as ensure accuracy of rates, monthly payments, tax escrows and short-term interest. Reviews post-closing files to ensure completeness of documentation and receipt and remittance of all required funds/fees.

• Follows up on any missing items and troubleshooting questions from Loan Accounting as well as the RMs and managers in setting up the loan on Fiserv, ensuring proper documentation is received following closings.

• Liaison between RMs, outside counsel, internal business partners and third-party vendors in conjunction with loan closings; processing documents and payments as needed.

• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.

• Promote an environment that supports diversity and reflects the First Bank brand.

• Maintain First Bank internal control standards.

• Complete other related duties as assigned.

Qualifications

Bachelor's Degree and minimum 3 years related experience or in lieu of degree a combined minimum of 7 years higher education and work experience to include a minimum of 3 years related experience.