Lending Specialist

At Valley Bank, we believe in people’s growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we’ve been the bank that clients from every industry turn to for our expertise, strategies, and advice—building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth— with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices across the US.

The Lending Specialist plays a crucial role in ensuring the smooth and efficient processing of loans, working with borrowers and lenders to facilitate the loan process. This role is responsible for organizing the loan documentation, processing, closing, and monitoring while providing quality service and diplomacy to customer relationships.

• Act as the liaison and primary point of contact with internal and external customers/stakeholders from approval to deal closing, as well as being point of contact for questions, requests, and inquiries during life of loan monitoring/servicing.
• Manage deal flow pipeline with Relationship Managers and lead interaction with internal downstream stakeholders to ensure timely closings.
• Coordinate and review closing documentation (with counsel or internal doc prep) and information with relevant stakeholders for due diligence, application processing, insurance, operational feasibility, optimal execution mechanics, and regulatory requirements.
• Assist with the execution and process flow of the transaction, including escalation of issues and designing solutions that ensure risks are covered through adequate controls and protections. Order necessary documents to complete the file and prepare supplemental documents when necessary.
• Partner with relevant operations teams (closing and servicing departments) to ensure proper booking, accrual reconciliations, and daily cash positions.
• Ensure initial loan funding (if there is a draw at close) and ongoing life of loan activity (payments, draws, payoffs, etc.) are properly processed and booked with downstream stakeholders.
• Carefully review loan documents for closing to ensure accuracy; close loans when necessary.
• Communicate with Lenders any issues that arise prior to closing.

• Excellent interpersonal, verbal, and written communication skills.
• Confident in ability to enforce policies, procedures, and processes when challenged.
• Strong PC skills using Microsoft Office applications as well as the bank’s core system and nCino software.
• Highly proficient in all areas of customer service, organizational skills, data input, time management and handling multiple tasks simultaneously within a high volume, strict deadline work environment.

• High School Diploma or equivalent; up to 3 years of Lending Assistant or Loan Processor experience.

• Knowledge of Commercial Real Estate and C&I loan documentation.