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RH
Robert Half
Lending Specialist IV
Career Insights for Loan Processor
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Based on New Jersey data
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What they do
A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.
$47,579 / year median in New Jersey
-28% projected decline
Job Description
We are looking for a detail-oriented Lending Specialist IV to support commercial lending activities in Morristown, New Jersey. This Long-term Contract position is ideal for someone who can coordinate loan transactions from documentation through funding while working closely with lenders, legal partners, and operational teams. The role requires strong judgment, clear communication, and the ability to keep multiple transactions moving efficiently in a deadline-driven environment.
Responsibilities:
- Oversee the progress of active lending transactions by coordinating with Relationship Managers and internal business partners to help drive timely closings.
- Organize, examine, and track closing packages, due diligence materials, insurance items, and related records to support complete and compliant loan files.
- Facilitate transaction execution by identifying issues early, escalating concerns when needed, and helping implement practical resolutions that protect the bank's controls and risk standards.
- Request and assemble outstanding documentation, prepare supplementary materials, and confirm that files are ready for closing and post-closing processing.
- Collaborate with servicing, closing, and operations teams to support accurate loan booking, accrual handling, reconciliations, and cash activity management.
- Coordinate initial funding events, including draws at closing, and help ensure ongoing loan activity such as payments, advances, and payoffs is processed correctly.
- Review loan documents for completeness and accuracy prior to closing and assist with finalizing transactions when required.
- Communicate proactively with lenders and other stakeholders regarding documentation gaps, timing concerns, and any issues that could affect closing readiness.
- High school diploma or equivalent required.
- Up to 7 years of experience in a Lending Assistant, Loan Processor, or closely related lending support role.
- Strong verbal and written communication skills with the ability to work effectively across multiple stakeholder groups.
- Demonstrated ability to uphold policies, procedures, and process requirements in a detail-focused and confident manner.
- Proficiency with Microsoft Office applications and strong overall computer skills, including experience with banking platforms and loan origination tools such as nCino.
- Excellent organizational, data entry, customer service, and time management skills in a high-volume, deadline-sensitive setting.
- Ability to manage several priorities at once while maintaining accuracy and attention to detail.
- Familiarity with Commercial Real Estate and Commercial & Industrial loan documentation is preferred.