restaurant | Credit Administration Associate - Finance and Investment Industry Opportunity in Short Hills, NJ

Credit Administration Associate - Finance and Investment Industry Opportunity

  • Investors Bancorp - Finance and Investment Industry
  • $82,340.00 - 148,720.00 / Year *
  • 315 Long Hill Dr
  • Short Hills, NJ 07078
  • Full-Time
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Job DescriptionOVERVIEWTo review newly closed loans for financial compliance, prepare financial documentation files for audits conducted by internal auditors and government regulators and prepare files for annual review.RESPONSIBILITIESManages filing of all financial documents and property inspections for CRE and C&I loans.Reviews the loan documents of newly formed CRE and C&I loans (within threshold) for financial compliance. Ensures the completeness of the loan files, in accordance with closing requirements and documents exceptions as needed.Creates financial auditing files for newly formed loans and inputs financial information into the Credit Administration municates with borrowers, loan officers, and analysts in an effort to collect required financial documents and update the database.Prepares request letters (amount can range from 100-2,500) for mailing. Researches and resolves issues with returned mail including investigating borrower's alternate address, inputting alternate address into Credit Administration Database and preparing the request for re-mailing.RequirementsHigh school diploma, GED or equivalent.2 years of commercial loan or other related experience, including an understanding of typical CRE and/or C&I loan documents.Demonstrated ability to understand loan documents and resolve complex issues.Capacity to handle a high volume of work with little direction.Basic Microsoft Word and Excel skills.Attention to detail and ability to work in a fast paced environment.Good interpersonal and communication skills.


* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.