Loan Origin Specialist

Bank of Hope•Los Angeles, CA

2d•$25 - $30•Onsite

About The Position

The Loan Origin Specialist will understand loan structure and loan documentation. This role involves preparing loan documentation for various loan types including Commercial Real Estate Loan, C & I Loan, Consumer Loans, and SBA loans. The specialist will also prepare and validate loan closing and funding, process loan boarding for new loans, renewals, extensions, modifications, and complex loan structures. Responsibilities include following up on loan collateral and original signed loan documentation, uploading final signed loan documentation into Global Wave (GW), and clearing daily non-post accounts, General Ledger balances, and Wire accounts. The role requires understanding the loan accounting system to perform boarding of various loan changes and maintain system accuracy, as well as processing loan/general ledger tickets for funding and fees. Additionally, the specialist will troubleshoot and resolve system/processing issues, assist Loan Originations staff, and attend assigned trainings for continuing education.

Requirements

Knowledgeable in Loan Operations policies and procedures.
Knowledgeable in banking, regulations and State/Federal Regulations.
Extensive knowledge in Laserpro and Fiserv System (core system).
Excellent written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
Ability to respond effectively to the most sensitive inquiries or customer complaints.
Ability to interact effectively with all levels of Bank personnel, departments, and customers.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Ability to identify problems and develop solutions when needed.
Ability to think critically.
Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.
Basic working knowledge of Microsoft Word, Excel, and Outlook.

Nice To Haves

Level of college education
Credentials and/or licenses

Responsibilities

Understand loan structure and loan documentation.
Prepare loan documentation for Commercial Real Estate Loan, C & I Loan, Consumer Loans, and SBA loan.
Prepare/Validate Loan closing and funding in accordance with loan conditions and requirements.
Process loan boarding in accordance with loan conditions and requirement for new loans including renewals, extensions, modification, and structures of complicated loans.
Follow-up loan collateral & original signed loan documentation.
Upload final signed loan documentation including CCR (or CCM) into Global Wave (GW).
Clear daily non-post accounts/General Ledger balance/Wire account.
Understand loan accounting system to perform boarding of new, renewals, extensions, restructures, and other changes and maintain accuracy of loan system.
Process loan/general ledger tickets using online posting system modules (TMS and/or Block-Infra) for funding and fee related.
Troubleshoot and resolve system / processing issues.
Assist Loan Originations staff as needed.
Attend trainings and seminars as assigned for continuing education.