Corporate Banking Loan Administrator - Associate

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

MUFG is seeking a Loan Administrator to support the closing and operational needs of our Restaurant and Hospitality Finance Groups by collaborating directly with Borrowers, Relationship and Portfolio Managers, Credit Analyst, Internal and External Counsel, internal Loan Operations team members as well as Title and Escrow Agents to ensure the timely closing of loans.      

Qualifying Candidates will: 

Pre-Closing:

• Independently manage the documentation and closing requests for a portfolio of restaurant and hospitality franchise transactions
• Engage and direct internal legal review, middle-office closing hub, title company and outside legal counsel on all aspects of loan closing including independent review of loan documentation against the credit approval and management of a closing documentation checklist

• Procure and review due diligence materials such as organizational documents, UCC and related lien searches, flood review, title insurance, ALTA surveys, insurance certificates, franchise and lease agreements, mortgages, appraisal and environmental review, and other property-related collateral documentation
• Assist analyst in working with the internal KYC team to help coordinate and track the customer due diligence process
• Coordinate with counterparts at other lending institutions to complete customer and collateral due diligence as part of syndicated transactions
• Request and assess flood determinations in compliance with bank flood compliance policies and FEMA national flood insurance
• Account for all fees and costs internally and externally by directing outside counsel and title company to prepare a closing settlement statement with all necessary wiring instructions 
• Work with back-office hub on final settlement figures and funding statements
• Ensure all credit and compliance approvals have been obtained and closing conditions have been satisfied prior to funding

Post-Closing:

• Maintain insurance tracking report by working with clients and lending teams to obtain and review updated insurance in compliance with established practices
• Maintain due diligence tracking report by working with internal and external parties to resolve and clear post-closing documentation exceptions
• Manage all flood review requests including but not limited to annual renewals
• Work with counsel or operational unit to prepare payoff documentation and lien releases
• Create and maintain internal closing binders including collateral identification.
• Review loan boardings against loan documents in MUFG’s system of record
• Working with CDD Documentation unit and lending teams for any documentation requirements for ongoing account maintenance
• Conduct file reviews, as requested
• Assist in the creation of training guidelines and best practices.

Required Qualifications:

• A minimum of 3 to 5+ years of commercial loan closing & administration and monitoring experience
• Experience with commercial loan documentation review and preparation is preferred

Desired Requirements:

• Analytical skills and attention to detail
• Effective organizational, multi-tasking and prioritizing skills
• Ability to work in fast-paced environment to meet customer-driven deadlines
• Strong verbal and written communication skills
• Ability to work in a team environment both within the business line and across the organization
• Ability to work with a variety of computer systems and software including standard tools like Microsoft Office as well as customized data management systems
• Preferred paralegal experience and/or working knowledge of