Loan Operations (Note) Officer

Commonwealth Business Bank • Los Angeles, CA

74d • $50,000 - $60,000

About The Position

This position handles commercial/personal real estate and SBA general loan operation.

Requirements

• Substantial knowledge of loan operation, servicing, trade finance operation and documentation
• Expertise in LaserPro, SBA SOP and bank loan policy and procedure
• 2-4 years current experience in loan operations (experience in loan documentation preferred)
• Team player
• Adapt well to changes & fast paced work environment
• Attention to detail

Nice To Haves

• Bachelor's degree preferred
• Preferred experience with FIS

Responsibilities

• Loan generation, funding and boarding
• Prepares SBA 1086 agreement
• Reviews and monitors collateral insurances
• Handles general loan servicing for all loans
• Handles monthly invoices
• Daily loan payment and charge back
• Handles daily loan statement and notices
• Monitors tickler report and UCC continuation
• Posts daily payment
• Posts loan advance upon request
• Balances participation payment holdover G/L
• Submits participation payment
• Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.). Must complete all required training

Benefits

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• 401k retirement savings plan
• Paid federal holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees