Commercial Loan Administration Specialist
Western Alliance BankAbout the role
Job Title:
Commercial Loan Administration SpecialistLocation:
CityScapeWhat you'll do:
As a Loan Administration Specialist you will be responsible for assisting the Loan Administration Team in completing duties involved with the closing and disbursing of a variety of loan products in the Commercial Lending divisions of the bank.What we are looking for:
- You will work closely with the business line and other third parties to assist in the facilitation of gathering the appropriate documentation and collateral information from the Borrower, verifying documents and researching information to prepare closing documents.
- Responsible for supporting the Loan Administration Team in processing loan requests prepared by Lending Origination Officers.
- Assists in the preparation of loan packages for review by Documentation, Compliance and the Lending Origination Officer.
- Works collaboratively with the team to ensure loan submissions comply with bank policies and procedures, and that completed loan documentation is accurate and properly maintained
- Assist in submitting files for boarding, including disbursements of loan proceeds; ensures all fees are properly and fully collected at closing.
- Participate in following up on post-closing exceptions and receipt of original signed documents.
- Scanning submissions for closed loans and original docs sent for sent to the vault for safe keeping.
- Key tasks include engaging legal counsel, KYC due diligence, opening deposit and bancontrol accounts, and post-closing following up.
- Work with appropriate internal and external parties to assist in the resolution of any issues or obstacles related to closing loans.
Qualifications:
- High School diploma
- Direct or related experience preferred
- Proficient in multi-tasking in a team oriented environment and focused on the highest standards of client service.
- Strong communication skills, especially speaking and listening skills (ex: customer service roles)
- Basic knowledge of banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services a plus.
- Basic knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Benefits you’ll love:
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your 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!
About the company:
Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
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