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Posted: Monday, January 8, 2018 3:58 PM

California Bank and Trust, a leader amongst banks in California with over $10 billion in assets and nearly 100 branch offices in the state, is currently seeking a Loan Administrator to manage the documentation review and loan closing process for commercial loans. California Bank & Trust prides itself on creating California's best banking relationships and to do this we must continue to build a team of intelligent contributors who can add value to our clients' businesses and build deep roots in the communities we serve.

Position Responsibilities:

* Manage the documentation review and loan closing process for commercial, business or commercial real estate loans.

* Works directly with relationship managers (RM), along with the borrower, legal counsel, title companies, insurance agents, and vendors to ensure closing requirements are met and necessary due diligence is obtained.

* Represent the organization with clients and outside agencies. Review and comprehend complex loan documentation, loan terms and financial elements for accuracy and consistency with the Credit Approval.

* Ensures documents are prepared in compliance with credit policy, documentation standards and regulatory requirements.

* Identity potential risks and provides solutions.

* Responsible for ensuring waivers or deviations from policy are adequately documented. Instruct attorney to prepare loan documents in accordance with credit approval and bank's requirements.

* Interact with clients, collecting, reviewing and distributing due diligence items necessary for a loan closing.

* Actively negotiates and coordinates loan documents with Legal counsel.

* Notifies the RM, attorney and client of items missing items or required corrections and ensures attorney closing checklist is accurate.

* Assist RM with clarification of legal, policy and documentation issues requiring adjustments.

* Confirms budget, escrow closing statement and bank settlement statements are in balance, ensuring fees and expenses are accounted for and outstanding items are identified.

* Ensures appropriate approval and/or waivers and exceptions are obtained.

* May train and mentor lower level loan closers.

* Other duties and/or projects as assigned.

SDL2017


Associated topics: collections officer, document, loan closer, loan collections officer, loan interviewer, mortgage, mortgage clerk, process, verify, verification

Source: http://www.jobs2careers.com/click.php?id=4743411318.96


• Location: Los Angeles

• Post ID: 156317442 losangeles
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