Demo

Loan Documentation Specialist

IT Accel, Inc.
Wayne, NJ Full Time
POSTED ON 4/23/2026
AVAILABLE BEFORE 5/22/2026
12-Month Contract (Banking)

We are seeking a detail-oriented Loan Documentation Specialist to support a high-volume lending pipeline within a banking environment. This role is responsible for end-to-end loan documentation, closing coordination, and post-closing activities, ensuring accuracy, compliance, and timely execution.

Responsibilities:

  • Manage active loan pipeline, performing due diligence and processing approved loan requests
  • Coordinate all aspects of loan closings, including funds flow, booking, and documentation execution
  • Prepare and review loan documentation for new and renewed deals, ensuring compliance with internal standards
  • Partner with Relationship Managers, legal counsel, operations, and co-lenders to ensure smooth closings
  • Order and track tax, flood, and collateral documentation; monitor insurance and tax requirements
  • Conduct UCC searches and filings; manage lien perfection and collateral records
  • Upload and maintain documentation in centralized systems with proper indexing
  • Reconcile accounts (e.g., deposits, suspense accounts) and manage exception tracking
  • Analyze loan terms including fees, covenants, and prepayment conditions
  • Coordinate with internal teams to resolve documentation gaps and improve processes

Additional Responsibilities:

  • Support loan operations team as needed and assist with process improvements
  • Coordinate with external parties (title, escrow, counsel) for deal execution
  • Assist with documentation collection for real estate transactions

Requirements:

  • 1-3 years of experience in loan documentation, loan processing, or lending operations
  • Strong knowledge of commercial and/or real estate loan documentation
  • Proficiency in Microsoft Office, especially Excel
  • Strong attention to detail, organization, and ability to manage deadlines in a fast-paced environment
  • Excellent communication and stakeholder management skills
  • Strong analytical and problem-solving abilities

Salary.com Estimation for Loan Documentation Specialist in Wayne, NJ
$56,076 to $72,798
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