Manager Loan Administration

City National Bank

4d

About The Position

Direct and manage the work flow and team assignments of the Loan Closing function at the CLC. Develop and maintain the infrastructure to support the submission of a "complete package" for documentation preparation and for boarding for all consumer, commercial and real estate secured requests for all lines of business.

Requirements

• Minimum 10 years of experience in financial services.
• Minimum 10 years of experience in loan processing, boarding and loan documentation; knowledge of underwriting required.
• Minimum 10 years of management experience.
• Excellent organization and analytical skills.
• Thorough knowledge of a broad range of loan products, documentation, and servicing functions.
• Demonstrated ability to define workflow processes and leverage technology to enhance productivity
• Working knowledge of state, federal and general banking compliance requirements and regulations, including sound knowledge on upcoming regulatory requirements, i.e. Dodd-Frank, CFPB.
• Extensive knowledge of complex support systems, department efficiency and productivity, and personnel policies and procedures.
• Strong leadership skills with emphasis on performance measurement, process design and execution.
• Excellent verbal and written communication skills to interact professionally and proactively with all levels of management and staff.

Responsibilities

• Evaluate and implement unit workflow processes, service level agreements (SVL) and colleague performance metrics. Measure and report results, modifying processes as necessary
• Oversee workload allocation based on colleague proficiencies and unit volumes and adjust as necessary for seasonal or daily “peak” periods
• Provide guidance on documentation and funding requirements for complex credit requests to the field Relationship Manager (RM) and to interdepartmental CLC colleagues
• Build a unit infrastructure to support the submission of a “complete package” for documentation preparation and for boarding for all consumer, commercial and real estate secured requests for all lines of business
• Act as the primary liaison with Sales, Legal, Compliance and interdepartmental CLC teams to resolve outstanding issues to expedite documentation and boarding for a positive client experience
• Create and update Loan Closing desk procedures and communications which keep pace with Credit Policy, Product Solutions and Strategies marketing and all changes initiated by CLC interdepartmental units
• Create and administrator a Loan Closing Risk Control Assessment and Self Assessment (RCSA) and maintain a monthly error ratio of 3 % or less
• Oversee the Finance Center Loan Closing workflow and maintain the system usage and enhancements for maximum productivity and quality control
• Partner with the Support Services Help Desk and Business Systems Manager to build efficiencies and enhance quality in the City Loan Center based on field input and other RCSA results
• Manage the origination Flood Desk for all required pre-boarding requirements, including client notification and to determine structure/contents coverage
• Oversee the Documentation Exception report and follow-up process
• Provide direction to the Application Support and Imaging Center Managers in the absence of the Manager, Support Services
• Responsible and accountable for appropriate quality controls related to the financial products the bank provides, the services the bank delivers, the processes employed and the incentives with which colleagues are awarded.
• All City National products, financial solutions and services are to be provided ethically and with integrity in a manner that is consistent with the client-first culture and values embodied in City National’s PRIDE statement.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees