Loan Administrator

Banc of California • Denver, CO

1d

About The Position

This position performs a variety of administrative functions necessary to
support the relationship management of the SBA commercial lending portfolio. The
individual is responsible for post -closing audit (SBA) while also working with
loan officers, customers and other departments to assure consistent
communications in a professional, timely manner. Incumbent may assist customers
and resolve problems concerning commercial relationships in a positive,
cost-effective manner.  This is intended as a general description, but duties
may differ somewhat between lender assignments. Performs all duties in
accordance with the Company’s policies and procedures, all U.S. state and
federal laws and regulations, wherein the Company operates.  Performs all duties
in accordance with the Company’s policies and procedures, all U.S. state and
federal laws and regulations, wherein the Company operates.

Requirements

• Minimum 2 years SBA commercial lending environment experience
• Associate's degree required or equivalent experience
• Candidate must have excellent verbal and written communication skills.  
• The ability to organize, prioritize and perform multiple tasks is a required skill.  
• Proficient in Word, Excel and Outlook.
• Excellent communication skills and the ability to deal with multiple tasks smoothly are important.
• Organizational skills/Time management.
• Self-motivated, ability to follow through. 
• Attention to detail, manual dexterity.
• Ability to build relationships and work well in a close team environment.
• Ability to meet deadlines.
• Knowledge of Commercial Real Estate Loan Documentation.
• Knowledge of applicable compliance laws and regulations.
• Review and be knowledgeable of departmental and human resource’s policies & procedures
• SBA SOP Knowledge
• High School diploma or equivalent required

Nice To Haves

• Bachelor's degree

Responsibilities

• Assist Department by providing administrative support as assigned for all aspects of the 7a/504 commercial lending program involving file maintenance and loan closing.
• Orders and coordinates third party reports such as appraisals, construction cost review, property condition reports, environmental reports, background checks, credit reports, and OFAC information.
• Maintains DocServer/Loan Manager (SBL) and ensures it up-to-date on a daily basis.
• Build and maintains loan file folders.
• Ensure that all pertinent loan origination information is transmitted to Portfolio Management and filed appropriately upon loan closing.
• Complies with federal, state, and local legal requirements by studying existing and new legislation, enforcing adherence to requirements and advising management on needed actions. 
• Conduct post close reviews of loan files to ensure all required documentation has been received and is correct.  This includes a review of all documents ensuring adherence to internal policy and Small Business Administration loan closing requirements as well as follow-ups with outside legal counsel and borrower, as needed. 
• Prepares compliance audit data by compiling and analyzing internal and external information. Follow all established policies and procedures.
• Perform other duties and projects as assigned.

Benefits

• Financial Security: You will be eligible to participate in the company’s 401k plan which includes a company match and immediate vesting.
• Health & Well-Being: We offer comprehensive insurance options including medical, dental, vision, AD&D, supplemental life, long-term disability, pre-tax Health Savings Account with employer contributions, and pre-tax Flexible Spending Account (FSA).
• Building & Supporting Your Family: Banc of California partners with providers that offer adoption, surrogacy, and fertility assistance as well as paid parental leave and family support solutions including care options for your family.
• Paid Time Away: Eligible team members receive paid vacation days, holidays, and volunteer time off.
• Career Growth Opportunities: To support career growth of our team members, we offer tuition reimbursement, an annual mentorship program, leadership development resources, access to LinkedIn Learning, and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 501-1,000 employees