careers at manasquan bank

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Prepare Laser Pro or word documentation for loan closings, modifications, renewals, extensions, etc. as needed for internal closing
• In conjunction with assigned lending team and outside attorney (if applicable), coordinate loan closings including review of documents for accuracy, all compliance requirements are satisfied, escrow amounts, payment calculations, and fee amounts are accurate prior to closing
• Order flood searches, OFAC, property as required
• Validate flood insurance on new loans and private flood insurance policies for compliance prior to loan closing, obtain second review and upload to Allied Solutions for tracking 
• Scan initial loan documentation for electronic storage of all loan closings
• Record mortgages on additional collateral with the appropriate county as needed
• Assist with gathering documentation for audits
• Follow up on post-closing items using the tickler report produced by Nautilus. Update the collateral and ticklers on system
• Scan loan documents into lender folders, file originals in document folder
• Answers the loan servicing phone line for the commercial loan department
• All other duties as assigned

JOB REQUIREMENTS 

• Bachelor’s degree preferred or equivalent work background and experience preferred.
• 2-4 years of experience within commercial loan banking or other financial institutions.
• 2-4 years of experience working with attorneys and closing agents.
• 2-4 years of experience with preparing Laser Pro and Word Documentation. 
• 2-4 years of experience reviewing Title Report and/Loan Documentation
• Working knowledge of loans and lending documentation.
• Experience with banking software/applications
• Great interpersonal skills with the ability to interact in an appropriate and timely manner with all internal/external clients
• Proficient with Microsoft Office Suite products, specifically Excel and Word
• Ability to communicate clearly and accurately in both verbal and written form
• Ability to work independently and efficiently
• Ability to manage time, resources, and set priorities to accomplish multiple duties
• Ability to maintain and report on confidential information in an appropriate manner

ESSENTIAL DUTIES & RESPONSIBILITIES

• Prepare payoff/pay down letters as requested by borrowers or assigned lenders
• Prepare and record mortgage cancellations, subordinations, discharges and partial releases, including assignments of rents and leases and UCC terminations on paid down collateral or on paid off loans
• Provide audit assistance in setting up electronic folders, uploading requested documents and follow up on missing items
• Answers the loan servicing phone line for the commercial loan department
• Follow up on insurance cancellations and large dollar loan insurance policies
• Validate flood coverage requirements on existing loans as the policies are being renewed. Upload weekly file and review flood insurance reports for Allied Solutions
• Maintains Iron Mountain off site storage records for commercial loans
• Process all bought and sold participation payments including wire initiation to participant
• Monitor and process Unity and Bankers Health loans on the teller system
• Monitor and process commercial and residential lockbox payments
• Process monetary transactions as needed such as payments, advance requests, fees, escrow disbursements, etc. per lender and client requests
• Maintenance of loans on Info-Pro tax tracking system
• Mailing out the Initial Tax Authorization forms to ensure that tax bills are received by the Bank and coded properly.
• Validate updated tax records on Cleartouch escrow tax addend
• All other duties as assigned

JOB REQUIREMENTS 

• Bachelor’s degree preferred or equivalent work background and experience preferred.
• 2-4 years of experience within commercial loan banking or other financial institutions.
• 2-4 years of experience working with attorneys and closing agents.
• 2-4 Years of experience with commercial loan documentation, recording process and post-closing follow up.
• Experience with banking software/applications
• Great interpersonal skills with the ability to interact in an appropriate and timely manner with all internal/external clients
• Proficient with Microsoft Office Suite products, specifically Excel and Word
• Ability to communicate clearly and accurately in both verbal and written form
• Ability to work independently and efficiently
• Ability to manage time, resources, and set priorities to accomplish multiple duties
• Ability to maintain and report on confidential information in an appropriate manner

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Conduct financial, compliance, and operational audits, including FDICIA testing.
• Perform audits in accordance with professional audit standards, procedures and guidelines, within the boundaries of individual assignments, and within specifications and timeframes listed in the audit plan.
• Attend/conduct meetings with personnel to gain an understanding of their business processes and related risks and controls.
• Prepare automated work papers to adequately document audit work performed and to support conclusions reached.
• Make recommendations for improving efficiency, effectiveness, and internal controls.
• Assist in the preparation of written audit reports that are accurate, objective, and constructive for the purposes of expressing an opinion of internal controls.
• Participate in the review and evaluation of management responses to audit findings and recommendations; recognize potential internal control weaknesses.
• Research and understand business processes, leading business practices and regulatory requirements.
• Other duties and responsibilities as assigned.

JOB REQUIREMENTS

• Bachelor’s degree preferred
• 1-3 years of audit experience within financial services 
• Knowledge of applicable regulatory requirements in banking, a plus
• Proficient with Microsoft Office Suite products, specifically Excel and Word
• Excellent analytical skills.  Strong attention to detail.
• Ability to communicate clearly and accurately in verbal and written format with staff at all levels
• Ability to work independently and efficiently
• Ability to manage time, resources, and set priorities to accomplish multiple tasks
• Ability to maintain and report on confidential information in an appropriate manner

ADDITIONAL INFORMATION

• Periodic travel to all branches (Monmouth, Ocean, Burlington, Middlesex counties) required as necessary
• Mileage reimbursement applies
• Compensation based upon market date, experience and skills.

ESSENTIAL DUTIES & RESPONSIBILITIES    

• Process routine financial transactions for banking customers with an emphasis on personalized quality service and in accordance with all Bank policies and procedures.   
  • Transactions typically include deposits; check cashing, journal transfers, money orders, official checks, sale & redemption of U.S. Savings Bonds, withdrawals, loan payments, loan disbursements, miscellaneous receipts & disbursements, cash advances, provide access to safe deposit boxes, and proficient on use of cash recycler.    
• Ensure minimum to zero teller differences and controllable losses. Escalate matters requiring further attention immediately.   
• Prove all transactions in accordance with all Bank established procedures and policies.  
• Knowledge and adherence of all Bank policies and procedures.  
• Adhere to privacy and confidentiality policies when assisting customers in obtaining any account information.   
• Refer various Bank products and services to customers as needs are uncovered.  
• When needed, assist with filing, money counting, teller cash proof, answering phones, processing mail transactions and/or correspondence, reconciliation of ATM, as well as assisting in coin machine operations and proof,  and completing daily audit of miscellaneous items.   
• Available to travel within the branch network as needed to ensure adequate branch coverage.  
• Daily use of Cash Recycler to include maintenance as needed and proof as designated.  
• Reconcile coin machine daily, ability to change coin bags, maintain cleanliness to ensure proper operation of equipment.  
• Other duties as assigned by Bank Management.    

JOB REQUIREMENTS    

• Excellent inter-personal and customer service skills.  
• Excellent communication skill – verbal & listening.  
• Basic personal computer skills.  
• Working knowledge of calculator and ability to be trained and efficiently operate banking system.  
• Strong basic math ability.  
• Ability to learn and retain information.   

EXPERIENCE & EDUCATION    

• High School Diploma or G.E.D.  
• 1-2 years retail experience in a cash handling capacity preferred.   

JOB SPECIFICATIONS 

· Maintain and manage assigned commercial loan portfolio(s) with respect to the preparation of loan renewals, reviews and new loan requests from within the assigned portfolio. 

· Accurately maintain ticklers system with respect to updated financial information and loan covenant testing. 

· Perform detailed financial analysis on business entities and interpret financial information based upon supplied financial statements, tax returns and company prepared documents. 

· Perform credit, personal financial statement and personal cash flow analysis on individual and guarantors in order to determine financial strength and credit enhancements based on financial statements, tax returns and reports. 

· Accurately maintain loan risk ratings for loans within the assigned portfolio(s) in accordance with the bank’s policy and procedures. 

· Inform appropriate loan officer, credit manager, and credit officer of potential risks associated with loan reviews and follow up to ensure compliance.  

· Accompany lenders on customer site visits and customer interviews. 

· Maintain accurate knowledge of MB credit, practices and regulatory policies to assist bank in compliance. 

· Maintain and update watch list credits in the portolio(s). 

· Assist lenders with customer contact, loan requests within the portfolio and the closing process. 

SPECIFICATIONS / QUALIFICATIONS 

· Bachelor’s degree in Business Administration, Finance, Accounting, Economics or equivalent work background and experience. 

· Minimum of three years commercial lending or related experience.  

· Strong analytical skills including the ability to read and assess individual and company financial statements, tax returns, cash flow, industry and competitive analysis and projections. 

· Strong background in commercial and small business underwriting and lending. 

· Excellent organizational skills, attention to detail, and the ability to complete assignments in a timely manner with minimal direction.  

· Strong written and verbal skills 

· Strong problem recognition and resolution skills 

· Ability to work independently and within a team 

· Working knowledge of all commercial products and services.  

· Proficient in various spreadsheet and Word processing applications