Loan Documentation Associate in Hamilton, New Jersey at FIRST BANK

Position Summary:

The Loan Documentation Associatesupports the preparation and review of in-house commercial loan documentation inaccordance with loan approvals, regulatory requirements, and Bank policies andprocedures. This junior-level position assists with reviewing loan requests,preparing documentation, and confirming that basic terms and conditions alignwith approved requirements. The individual will work under general supervision,develop knowledge of commercial loan documentation processes, and escalatequestions or complex matters to more experienced team members or management. Toachieve success, an individual must be able to perform each essential dutylisted below with accuracy, attention to detail, and a willingness to learnloan documentation requirements.

Essential Duties & Responsibilities:

· Preparein-house loan documentation for new loans, extensions, renewals, andmodifications under general supervision

· Reviewloan structure for loan requests as outlined in the Presentation for Approvals(PFA) and escalate questions as needed

· Reviewpre-closing checklists and documentation provided by the Loan Administrator forcompleteness and accuracy

· Assistwith reviewing collateral information and identifying documentation needed tosupport the Bank's lien position

· Confirmthat applicable formation documentation, such as Articles of Incorporation,Certificates of Formation, By-Laws, Operating Agreements, PartnershipAgreements, and Certificates of Trust, is included in the loan file asapplicable

· Inputinformation into the Compliance One Lending platform based on the Presentationfor Approvals, New Loan Pre-Closing Checklist, and entity formation documents

· Preparelegal documentation for internally prepared loan documents as directed tosupport commercial loan closings and compliance with applicable State Laws andBank Policy

· Assistwith reviewing draft loan documents for accuracy and completeness, withguidance from senior team members or management

· Provideapproved loan documentation packages to the Loan Administrator and/orRelationship Manager for execution

· Researchoutstanding items listed on the Collateral Exception Report as assigned

· Anyadditional duties as assigned

Requirements:

• Communicate in a clear, comfortable, and confident manner.
• Work efficiently and effectively under deadlines and stress, while maintaining a professional demeanor.
• Strong time management and organizational skills.
• Problem-solving skills and having the ability to identify a problem and find a solution.
• Detail-oriented and able to focus closely on each activity and constantly find ways to finish tasks efficiently.
• Ability to analyze your workflow and identify areas to improve.
• Decision-making skills and ability to solve work-related problems quickly.
• A willingness to contribute to projects and take immediate action when an all-hands-on-deck situation arises.
• Carry out responsibilities with professionalism and respect for others in accordance with the Bank's policies.
• Proficiency with Microsoft Word, Excel, and Outlook, and the ability to navigate the Bank's computer-based systems.

Education and/or Experience

· This is ajunior-level position requiring a basic understanding of loan closing processesand a willingness to develop commercial loan documentation knowledge. Thisindividual must be able to perform essential commercial loan documentationtasks with guidance, including reviewing documentation, preparing loandocuments, and confirming that terms and conditions match what was approved. Oneto three years' related experience is preferred.