Sr Loan Operations Administrator

Western Alliance Bancorporation • Las Vegas, NV

75d

About The Position

As a Senior Loan Operations Administrator you'll be responsible for completing duties involved with closing and disbursing loans for a variety of loan products offered by the Bank with a strong emphasis on Commercial Real Estate and C&I loans. You'll work closely with the Lending Origination Officer and other third parties to facilitate in the gathering of appropriate documentation and collateral information from the Borrower, verifying documents and researching information to prepare closing documents. One of your key responsibilities is to collaborate with appropriate parties to assist in the resolution of any issues or obstacles related to closing the loan such as liens, judgments, insurance, and title exceptions.

Requirements

• 5+ years of related experience in Loan Administration, Lending and/or Deposit Sales, or similar field.
• High school diploma required.
• Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Knowledge of one or more loan types.
• Proficient in multi-tasking in a team oriented environment and focused on the highest standards of client service.
• Intermediate speaking and writing communication skills.

Responsibilities

• Support the Loan Operations Team Lead in processing loan requests prepared by Lending Origination Officers.
• Prepare loan packages for review by Documentation, Compliance and the Lending Origination Officer.
• Work collaboratively with the team to ensure loan submissions comply with bank policies and procedures, and that completed loan documentation is accurate and properly maintained.
• Prepare the submission of files for boarding, including disbursements of loan proceeds; ensure all fees are properly and fully collected at closing.
• Ensure follow up on post-closing exceptions and receipt of original signed document.
• Monitor tickler files for accounts; ensure credit inquiries and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
• Work with more complex loan packages and assist in the training and development of less experienced Loan Administrators.

Benefits

• Competitive salaries
• Ownership stake in the company
• Medical and dental insurance
• Time off
• Great 401k matching program
• Tuition assistance program
• Employee volunteer program
• Wellness program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED