Commercial Loan Operations Associate

Signature Bank Melville , NY 11747

Posted 2 weeks ago

Join a winning team! Signature Bank has appeared on Forbes' Best Banks in America list for the eighth consecutive year in 2018.

Signature Bank, member FDIC, is a New York-based full-service commercial bank with private client offices throughout the New York metropolitan area. The Bank's growing network of private client banking teams serves the needs of privately owned businesses, their owners and senior managers. Signature Bank offers a wide variety of business and personal banking products and services.

The Bank operates Signature Financial, LLC, a specialty finance subsidiary focused on equipment finance and leasing, transportation and franchise financing. Investment, brokerage, asset management and insurance products and services are offered through the Bank's subsidiary, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC. Signet, the Bank's digital payments platform, leverages blockchain technology allowing the Bank's commercial clients to make payments in U.S dollars 24 hours a day, 7 days a week, and 365 days a year.

Commercial Loan Operations Associate Melville, Long Island

In this position, you will provide support to all bank lending units by administering to all commercial loan transactions for our clients.


  • Accurately data enter a high volume of new loan bookings, payments and advances to loan operating system.

  • Documentation review of various types of commercial loans

  • Performs risk rating changes, line of credit advances, other related duties

  • Process data entry of loan account maintenance (client information, address, client records, etc).

  • Process entries to general ledger and create general ledger tickets.

  • Maintain and data enter account information in collateral tracking tickler.

  • Prepare and maintain various daily, weekly and monthly reports

  • Prepare various collateral reports.

  • Process escrow disbursements in Loan Operating System.

  • Process outgoing wire Transfers

  • Process Flood Determinations via Third Party vendor

  • Interacts with Lenders, Private Client Groups, Lending Operations staff


  • High School Diploma or Equivalent required

  • 2 years' experience in commercial loan processing and lending operations

  • Experience with ACBS loan originating system is strongly preferred

  • Experience with Ncino loan system is highly preferred

  • Fundamental knowledge of all CRE and C&I lending

  • Experience with Libor and Syndication loans

  • Ability to work in a digital environment and meet deadlines within budgeted time

Signature Bank offers a competitive compensation (BONUS PROGRAM), an excellent health benefits package including, 401(k) plan with generous company match, gym reimbursement, pet insurance, tuition reimbursement, award winning wellness program, and much more for qualified employees!

Service is our cornerstone!

View available Careers with Signature at

We are an Equal Opportunity Employer. We do not sponsor work visas.

Relocation or interview travel expenses are not available for this role

No Agencies Please

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Commercial Loan Operations Associate

Signature Bank