Assistant Vice President Credit Administration

Overview

Job Title: Assistant Vice President – Commercial Loan Operations / Middle Office

Location: MetroPark, NJ or New York, NY

Duration: Direct Hire

Salary Range: $100K – $125K/annum

Job Description

We are seeking an experienced Assistant Vice President – Commercial Loan Operations / Middle Office to support senior leadership in overseeing critical middle office and credit administration functions within a fast-paced banking environment. This role is responsible for managing operational activities related to new, renewed, amended, and restructured commercial loan and letter of credit facilities, while ensuring accuracy, compliance, and timely execution.

The ideal candidate will bring strong expertise in commercial loan operations, credit documentation review, facility booking, and stakeholder management, with the ability to support junior staff, interact with front office teams, and drive operational excellence across loan administration processes.

Responsibilities

• Support Vice President and senior leadership in managing daily middle office and credit administration operations.
• Review and interpret credit agreements to accurately identify pricing terms, transaction structures, definitions, covenant requirements, and operational details.
• Oversee the booking, maintenance, amendment, renewal, restructuring, and administration of commercial loan and letter of credit facilities.
• Provide day-to-day guidance and operational support to junior team members handling facility setup and loan processing activities.
• Ensure accurate system inputs and facility setup within loan servicing platforms such as ACBS and/or Loan IQ.
• Review and prepare operational documentation including funding instructions, administrative questionnaires, facility setup forms, and related credit administration documentation.
• Coordinate time-sensitive funding transactions, ensuring all internal approvals, executed legal documentation, and required conditions precedent are satisfied.
• Process loan modifications, restructures, renewals, and amendments with strong attention to documentation accuracy and operational controls.
• Act as a primary liaison between front office/business teams and loan administration operations to resolve transaction issues and facilitate smooth execution.
• Generate operational, management, audit, and reporting metrics for leadership and internal stakeholders.
• Participate in audit reviews, business continuity planning, process improvements, and special operational projects.
• Ensure adherence to banking regulations, compliance standards, internal policies, and operational risk controls.

Qualifications

• Bachelor’s degree required or equivalent relevant financial services experience.
• 5+ years of experience in commercial loan operations, middle office, credit administration, or banking operations.
• Strong hands-on experience reviewing and interpreting commercial credit agreements, particularly pricing terms, transaction structures, and operational requirements.
• Experience supporting commercial lending transactions including new deals, renewals, amendments, restructures, and letters of credit.
• Experience working with ACBS, Loan IQ, or similar commercial loan servicing systems.
• Strong Microsoft Excel skills including Pivot Tables and VLOOKUP.
• Excellent communication skills with the ability to collaborate across front office, operations, and internal banking teams.
• Strong leadership, organizational, analytical, and problem-solving skills.
• Ability to manage multiple high-priority deadlines in a fast-paced banking environment.

Ideal Candidate Profile

The ideal candidate is a commercial banking operations professional with strong middle office or credit administration experience who understands the full lifecycle of commercial lending transactions. This person is highly detail-oriented, operationally strong, comfortable interpreting legal credit documentation, and capable of acting as a bridge between front office relationship teams and back-office operations. Leadership experience supporting junior staff and strong loan system knowledge are highly preferred.

We are an Equal Opportunity Employer.