Loan Administrator Team Lead

Citizens Business Bank•Rancho Cucamonga, CA

13d•$73,770 - $103,278

About The Position

Under limited supervision, provide daily support, guidance, and assistance to the Loan Administration team. Responsible for preparation and review of loan file packages for difficult to highly complex loans and trade products approved within Citizens Business Bank. Ensure that the loan file complies with bank policy and that the document request package and/or executed document package are complete to minimize the risk of loss to the bank. Ensure the timely disposition and control of legal documentation, collateral and documentation records in a manner that complies with bank policy and minimizes the risk of loss to the bank. Maintain the integrity of all information related to the documentation process for privacy, reporting and audit purposes.

Requirements

High School diploma or GED; and a minimum 5-7 years commercial and consumer loan processing/administration experience.
Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.
Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
Ability to read, analyze, and interpret financial reports and legal documents.
Ability to effectively present information to department management, credit administrators, legal counsel, public groups, boards of directors and/or relationship managers.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions and percentages.
Ability to apply concepts of basic algebra and geometry, and interpret bar graphs.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Proficient in MS Office (Word, Excel).
Knowledgeable of mainframe loan systems, FISERV preferred.
Familiar with standard U.S. commercial, consumer and real estate lending policies
Familiar with standard U.S. note department workflow
Knowledge of U.S. federal and California state banking laws and regulations related to lending
Team player
Sets high standards for self and team
Adapts well to changes
Strong can do attitude
Takes the initiative
Ability to work under pressure
Attention to detail

Responsibilities

Complies with, and stays abreast of, all policies and procedures, federal and state laws applicable to the job.
Provide direction, guidance, and coaching to the Loan Administration team on loan file and documentation requests to ensure the loan files comply with regulatory requirements, as well as, Bank policies and procedures.
Perform the Quality Control function to ensure loan files are completed with accuracy and consistency
Gather and review documents to create a loan file and request loan documents for the following loan products from low to high complexity: (a) Commercial Loans, including but not limited to: commercial RE secured loans, construction loans, 1031 Exchange, commercial loans/lines of credit, asset based loans, dairy loans, agriculture loans, SBA loans, SWAPs, participations/syndications, letters of credit, leases, workout loans, loans involving use of outside counsel, Business Bonus Balance and (b) Consumer Loans, including but not limited to : residential mortgage, construction loans, Home Equity loans/lines, unsecured, vehicle loans, aircraft loans, boat loans, cash/marketable securities/investment account secured loans, leases.
Run and review UCC Search
File UCC filings
Coordinate efforts with outside escrow
Coordinate efforts with title company
Run and review flood certifications
Request and review insurance, if applicable
Review loan approval based on previously assigned authorized authority.
Post-execution review of all loan documentation packages.
Send wire transfers for loan funding if applicable
Prepare and review funding instructions
Coordinate perfection of collateral with third parties
Track for return of collateral documents.
In conjunction with Loan Administration Manager and Loan Documentation, Title and Boarding Manager, assist with training the Loan Administration Team as new regulatory requirements are implemented.
Provide, present, and promote the Citizens Experience to all external and internal customers.
Other duties as assigned.