NPA WorldWide
AVP, Loan Administration Officer and Supervisor
NPA WorldWide, Rosemead, California, United States, 91770
Job description: AVP, Loan Administration Officer and Supervisor in Rosemead. #3497189
$85K $95K / year
GENERAL SUMMARY Documentation, Closing & Funding Department is responsible for preparing the Promissory Note, Business Loan Agreement, and other loan documentation in LaserPro or reviewing attorney drawn loan documents, drafting Lenders Instructions, and performing necessary pre-closing validation for closing and funding.
DIRECT REPORTS 3-5 direct reports
ESSENTIAL FUNCTIONS
Review and document all standard and complex commercial loans, such as, Cross Collateralized, Asset Based, Construction complex, International Trade Finance complex.
Review complex attorney prepared loan documents prior to signing in accordance with Credit Approval. Consult with legal counsel and outside attorney, for any changes or additions to loan documents.
Validate the receipt of the loan and borrower supporting documentation and verify compliance with loan committee approval conditions, Bank's policies, procedures, and Federal, State and other regulatory requirements.
Create LaserPro documentation based upon loan approval conditions and in compliance with loan committee approval conditions, Bank's policies, procedures, and Federal, State, and other regulatory requirements.
Create escrow closing instructions, pre-closing conditions and any other conditions required for Lender / Borrower information.
Receive signed loan documents and perform closing and funding activities, such as, wire request, account funding, remit funds to pay off other lender, order tax contracts, UCC filing, set up and maintain tickler and monitoring databases (such as Stucky and Trade Innovation etc.).
Review and approve escrow and recording instructions prepared by junior level processors, as necessary.
Examine loan packages processed by less experienced staff to verify accuracy, or conformity with loan requirements, and approve closing (Funding, Wire, UCC filing / verification, Title policy reviewing etc.).
Database administrator for LaserPro, responsible for updates and maintenance of LaserPro library setting, including maintain and test LaserPro disaster recovery application along with LaserPro testing database used prior to implementing additions or changes to production.
Present an agreement on specific proposals through discussion or communication with others of a different viewpoint (i.e. Lending Units, Loan Servicing and legal counsel).
Instruct less experienced staff in detail or work they perform (either directly or by enforcement of well-established procedure), assign work, observe, and evaluate performance in detail, and work with team member(s) to improve performance.
Coach and develop staff to meet their position responsibility. Address performance issues as identified and required. Evaluate, interview, and hire staff as required. Provides necessary direction and support to staff, and promotes training, career development, and motivation. Hold team members accountable for their daily work.
Communicate and oversee processing turnaround times to ensure fulfillment of service level agreement.
Cross-train less experienced team members.
Other duties as deemed necessary by Manager.
OTHER DETAILS Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.
QUALIFICATIONS
Education: College graduate with major in accounting or business preferred.
Experience: 6+ years banking experience with a minimum of 2+ years experience at a senior level.
LaserPro Required.
Knowledge and understanding of commercial loans and international lines of credit required.
Minimum of 3 years supervisory experience required.
Skills / Ability: Detail-oriented and accurate; ability to make sound recommendations to improve workflow; excellent communication skills; PC proficient; thorough knowledge and understanding of commercial loans and international lines of credit.
Why is This a Great Opportunity
Strong benefits and employee well-being support. Company offers a comprehensive benefits package including medical, dental, vision, life and disability insurance, flexible spending accounts or health savings accounts, paid time off (vacation, sick, holiday), and an Employee Assistance Program (EAP). They also run a Well-Being Program that rewards healthy habits and offers medical premium discounts to participants underlining the banks commitment to health and wellness.
Commitment to career growth, learning, and development. The bank invests in training and career development for its staff, including leadership and management training as well as opportunities for inter-department transfers and online learning. They have formal programs for newly promoted supervisors / managers and senior leaders (e.g., Emerging Leadership I / II) to help employees grow professionally and succeed in higher roles.
Inclusive, supportive, and respectful culture. Company emphasizes respect, mindfulness, transparency valuing diversity of backgrounds and experiences among team members.
Recognized as an employer of choice. The Bank has been honored as a U.S. Best-in-Class Employer by Gallagher for consecutive years.
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$85K $95K / year
GENERAL SUMMARY Documentation, Closing & Funding Department is responsible for preparing the Promissory Note, Business Loan Agreement, and other loan documentation in LaserPro or reviewing attorney drawn loan documents, drafting Lenders Instructions, and performing necessary pre-closing validation for closing and funding.
DIRECT REPORTS 3-5 direct reports
ESSENTIAL FUNCTIONS
Review and document all standard and complex commercial loans, such as, Cross Collateralized, Asset Based, Construction complex, International Trade Finance complex.
Review complex attorney prepared loan documents prior to signing in accordance with Credit Approval. Consult with legal counsel and outside attorney, for any changes or additions to loan documents.
Validate the receipt of the loan and borrower supporting documentation and verify compliance with loan committee approval conditions, Bank's policies, procedures, and Federal, State and other regulatory requirements.
Create LaserPro documentation based upon loan approval conditions and in compliance with loan committee approval conditions, Bank's policies, procedures, and Federal, State, and other regulatory requirements.
Create escrow closing instructions, pre-closing conditions and any other conditions required for Lender / Borrower information.
Receive signed loan documents and perform closing and funding activities, such as, wire request, account funding, remit funds to pay off other lender, order tax contracts, UCC filing, set up and maintain tickler and monitoring databases (such as Stucky and Trade Innovation etc.).
Review and approve escrow and recording instructions prepared by junior level processors, as necessary.
Examine loan packages processed by less experienced staff to verify accuracy, or conformity with loan requirements, and approve closing (Funding, Wire, UCC filing / verification, Title policy reviewing etc.).
Database administrator for LaserPro, responsible for updates and maintenance of LaserPro library setting, including maintain and test LaserPro disaster recovery application along with LaserPro testing database used prior to implementing additions or changes to production.
Present an agreement on specific proposals through discussion or communication with others of a different viewpoint (i.e. Lending Units, Loan Servicing and legal counsel).
Instruct less experienced staff in detail or work they perform (either directly or by enforcement of well-established procedure), assign work, observe, and evaluate performance in detail, and work with team member(s) to improve performance.
Coach and develop staff to meet their position responsibility. Address performance issues as identified and required. Evaluate, interview, and hire staff as required. Provides necessary direction and support to staff, and promotes training, career development, and motivation. Hold team members accountable for their daily work.
Communicate and oversee processing turnaround times to ensure fulfillment of service level agreement.
Cross-train less experienced team members.
Other duties as deemed necessary by Manager.
OTHER DETAILS Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.
QUALIFICATIONS
Education: College graduate with major in accounting or business preferred.
Experience: 6+ years banking experience with a minimum of 2+ years experience at a senior level.
LaserPro Required.
Knowledge and understanding of commercial loans and international lines of credit required.
Minimum of 3 years supervisory experience required.
Skills / Ability: Detail-oriented and accurate; ability to make sound recommendations to improve workflow; excellent communication skills; PC proficient; thorough knowledge and understanding of commercial loans and international lines of credit.
Why is This a Great Opportunity
Strong benefits and employee well-being support. Company offers a comprehensive benefits package including medical, dental, vision, life and disability insurance, flexible spending accounts or health savings accounts, paid time off (vacation, sick, holiday), and an Employee Assistance Program (EAP). They also run a Well-Being Program that rewards healthy habits and offers medical premium discounts to participants underlining the banks commitment to health and wellness.
Commitment to career growth, learning, and development. The bank invests in training and career development for its staff, including leadership and management training as well as opportunities for inter-department transfers and online learning. They have formal programs for newly promoted supervisors / managers and senior leaders (e.g., Emerging Leadership I / II) to help employees grow professionally and succeed in higher roles.
Inclusive, supportive, and respectful culture. Company emphasizes respect, mindfulness, transparency valuing diversity of backgrounds and experiences among team members.
Recognized as an employer of choice. The Bank has been honored as a U.S. Best-in-Class Employer by Gallagher for consecutive years.
#J-18808-Ljbffr