Senior Loan Operations Administrator

Western Alliance BankChandler, AZ
Onsite

About The Position

The Senior Loan Administrator is responsible for managing complex commercial loan transactions across a diverse portfolio, including Commercial & Industrial, Commercial Real Estate, Asset-Based Lending, and Construction loans. This role ensures the accurate and timely execution of loan closings while maintaining strong compliance with internal policies and regulatory requirements. The position serves as a key operational partner across business lines and plays a leadership role in supporting team development and process improvement.

Requirements

  • 5+ years of commercial loan closing experience
  • High School Diploma Required
  • Strong knowledge of C&I lending, collateral structures, and loan documentation
  • Experience with complex transactions, including participations and specialty lending structures preferred
  • Ability to manage multiple priorities in a fast-paced environment
  • Strong analytical, communication, and organizational skills

Responsibilities

  • Manage a high-volume pipeline of complex commercial loan transactions, including new originations, renewals, modifications, and extensions
  • Review credit approvals and structure transactions to determine required documentation and due diligence
  • Coordinate closely with Relationship Managers, Credit, and Portfolio teams to ensure alignment and readiness for closing
  • Lead coordination of all closing activities with internal stakeholders and external partners, including legal counsel, title, and escrow
  • Direct preparation and review of loan documentation to ensure accuracy and compliance with approved terms
  • Identify and resolve potential closing risks, including collateral, lien, and structural issues
  • Ensure all loan transactions meet bank policies, credit requirements, and regulatory standards
  • Validate collateral perfection, entity structures, and borrower compliance requirements
  • Maintain complete, accurate, and audit-ready loan documentation
  • Execute loan funding, including booking, disbursements, and fee reconciliation
  • Ensure all conditions precedent to funding are satisfied prior to closing
  • Facilitate seamless transition to Loan Servicing through accurate and complete loan boarding packages
  • Monitor financial covenants, reporting requirements, and post-closing conditions
  • Proactively resolve exceptions and maintain compliance with ongoing credit requirements
  • Provide mentorship and training to Loan Administrators and junior staff
  • Serve as a resource for complex and non-standard transactions
  • Contribute to continuous improvement initiatives within Loan Operations

Benefits

  • Competitive salaries
  • Ownership stake in the company
  • Medical and dental insurance
  • Time off
  • 401k matching program
  • Tuition assistance program
  • Employee volunteer program
  • Wellness program
  • Opportunity to bolster business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
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