Consumer Loan Specialist

Peapack Private Bank & Trust is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought-after products and services that fulfill all of our clients' needs.

We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy.

What makes Peapack Private different from our competition? We are an institution that's over 100 years old that has always believed in putting the well-being and needs of our employees and our clients first.

We are proud to be recognized for the sixth consecutive year, by American Banker as one of the 'Best Bank to Work For' across the nation.

Our secret sauce in one word is our 'culture'.

We value a diverse, equitable, inclusive and safe workspace.

Our one-team culture goes to great lengths to show all employees that they are valued members of the team.

We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness.

There are multiple ways to build relationships and get involved; from joining one of our Cultural Ambassador Sub-Committees focused on our Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness, to involvement in multiple community service activities through our Volunteerism outreach, to joining LIFT (a committee focused on enriching the lives of women - Leading Inspiring Females Together).

Said quite simply, the culture is amazing!

Position Summary

Oversee the documentation and submission process for home equity lines of credit, professional lines of credit, other consumer loans, and residential mortgages, as needed.

Serve as the main point of contact to the relationship manager/loan officer, branches and borrower, as per the needs of the Branch, RM, real estate agent, underwriter/credit officer and closer from origination through closing.

Obtain and verify the accuracy of all required documentation from client and third parties.

Process and ensure that all loan files comply with company lending policies, as well as state and federal lending regulations.

Responsibilities:


* Review incoming consumer loan applications for completeness.

Communicate missing items with branches and relationship managers/loan officers.



* Review new files as per the SLA within 24-48 hours.


* Review, analyze and evaluate loan applications and requested documentation for accuracy, including appraisals, credit reports, income and asset documents, prior to submitting loan to underwriter/credit officer for loan approval


* Disclose applicable loan packages within regulatory requirements


* Monitor and Manage pipeline to meet contract deadlines and expirations


* Monitor loan application status through automated reporting and data tracking


* Ensure follow-up procedures and proper timelines are adh...