Commercial Loan Administrator in Smithtown, NY at Vaco

Date Posted: 10/17/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Smithtown, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/17/2020
  • Job ID:
    COMME00716

Job Description

VACO is currently in need of experienced Commercial Loan Specialists in the Smithtown area. Qualified candidates MUST have experience with loans and/or titles. Candidates without required experience will NOT be contacted. This is an immediate need.

1. Manage the workflow of assigned approved commercial loans in the pipeline to ensure timely closing
2. Assimilate information necessary to properly document and fund the larger and more complex loans including but not limited to CRE, Participations, SWAPS and SBA in accordance with credit structure, borrower and collateral type
3. Liaise between underwriters, attorneys, customers, and loan officers in order to process all commercial loans, including renewals and extensions, from receipt of credit approval through booking