Demo

Loan File Representative

First Commerce Bank
Lakewood, NJ Full Time
POSTED ON 1/16/2025
AVAILABLE BEFORE 3/15/2025
  • Basic Qualifications

     Education/Training:  High School Diploma or equivalent.

     Skill(s): Communicates clearly in English; proficient reading, writing, grammar, proficient interpersonal relations and communication skills; proficient organizational skills; working knowledge of loan file requirements and maintenance; proficient PC skills including Microsoft Office and ability to learn job-specific software; visual and auditory skills.

     Experience:   A minimum of one (1) year of related experience required.

      General Responsibilities

     Responsible for performing various duties to support loan file management; coordinating work within the department, as well as with other departments; reporting pertinent information to the immediate supervisor; responding to inquiries or requests for information.

      Essential Duties


    1. Tracks and maintains knowledge of location of all loan files.
    2. Organizes and maintains all files in alphabetical order.
    3. Pulls files as requested.
    4. Retrieves documents and/or files as needed for Lending, Credit, and Loan Administration Departments.
    5. Files all emails, approvals, documentation, and other correspondence into credit files/collateral.
    6. Scans and indexes new loans and changes terms as loans close as well as partial or paid off loans.  
    1. Follows up on weekly missing Multiple Collateral with title companies, attorneys, etc. as necessary.
    2. Follows up on weekly UCC to be continued and continue as necessary.
    3. Facilitates recording and cancellation of mortgage documents.
    4. Records mortgages, assignments of rent and lease, and UCCs on various county websites.
    5. Performs daily review of all county websites for completed recorded documents.
    6. Prepares mortgages and partial releases for loans that are paid off within 30 days of payoff; updates log.
    7. Prepares paid off loan packages for borrowers.
    8. Collects and copies required documentation for loans to be pledged to the FHLB.
    9. Boxes paid loan files for storage; updates log.


    •  Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information.
    •  Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the work place.
    •  Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements.
    •  Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate Bank personnel.
    •  Responds to inquiries relating to his/her particular area, or to requests from customers, other Bank personnel, etc., within given time frames and within established policy. 


    We Offer:

      • Medical benefits
      • Dental benefits
      • Vision benefits
      • Life Insurance
      • LTD Insurance
      • Paid Federal Bank Holidays
      • Flexible Spending Account
      • Health Savings Account
      • 401K
      • PTO

        First Commerce is dedicated to providing people, businesses, and communities in our markets with high quality products and services with superior customer service.  We provide products and services through secure, user-friendly technology and customer friendly locations. Our relationships are founded in our desire to be responsive to the financial needs of our customers in an atmosphere of personal attention, professionalism, trust, integrity and fairness. First Commerce prides itself on maintaining personal communications beginning with the Board of Directors.
        First Commerce Bank is an Equal Opportunity Employer.  All qualified applicants receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression, genetic information or any other characteristic protected by applicable law.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Loan File Representative?

Sign up to receive alerts about other jobs on the Loan File Representative career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$144,004 - $206,631
Income Estimation: 
$230,089 - $412,398
Income Estimation: 
$44,019 - $55,275
Income Estimation: 
$52,761 - $67,556
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$61,226 - $82,724
Income Estimation: 
$72,680 - $103,083
Income Estimation: 
$94,220 - $135,448
Income Estimation: 
$40,563 - $50,914
Income Estimation: 
$44,019 - $55,275
Income Estimation: 
$47,821 - $64,592
Income Estimation: 
$49,531 - $67,648
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at First Commerce Bank

First Commerce Bank
Hired Organization Address Freehold, NJ Full Time
Education / Training : High School Diploma or equivalent; education beyond a High School Diploma or equivalent preferred...
First Commerce Bank
Hired Organization Address Lakewood, NJ Full Time
Basic Qualifications Education/Training: High School Diploma or equivalent with an emphasis in Business or Accounting cu...
First Commerce Bank
Hired Organization Address Cresskill, NJ Full Time
Job Description Job Description REQUIRED EXPERIENCE : Minimum of one (1) year bank Teller experience required. Proficien...
First Commerce Bank
Hired Organization Address Freehold, NJ Full Time
Education/Training: High School Diploma or equivalent; education beyond a High School Diploma or equivalent preferred; s...

Not the job you're looking for? Here are some other Loan File Representative jobs in the Lakewood, NJ area that may be a better fit.

Loan Collections Representative

First Commerce Bank, Lakewood, NJ

File Clerk/Receptionist

Law Office of Edward Fradkin, Freehold, NJ

AI Assistant is available now!

Feel free to start your new journey!