BCC LOAN ADMINISTRATOR (SBA EXPERIENCE REQUIRED)
Irvine, CA
Financial Services - Commercial Banking
EXP 7-10 yrs
DEG Bach
RELO
BONUS
TRAVEL
Job Description.
Reporting to the BCC Loan Administrator Manager, the Loan Administrator is responsible for carrying their own pipeline of loans in process. Also responsible for leading/training other teammates in regards to providing technical solutions to problems, researching complex issues, making recommendations on procedures and process improvements. This role is specifically assigned the most complex loan servicing functions (including complex SBA 7a credits). Your major responsibilities will include:
Processing – Complex Transactions
Post-loan approval, completes the end-to-end processing and partners with shared services to board and fund the complex credits
Designated as the team expert with large and/or complex Commercial Real Estate Loans including SBA 504 credits
Responsible for own in-line QC as well as for assigned team
Research to resolve issues, when appropriate interact with legal department for guidance
Partners with the Credit Executives to resolve last minute issues that arise with the collateral prior to ordering documents or boarding/funding
Interact with line management on escalations
Review and release wires up to designated wire limits
Make operational credit decisions/exceptions
Required to attend annual SBA training to stay abreast of current regulations and programs in order to contain the inherent operation risk with SBA products
Lead and Influence Loan Administrators
Ensure even distribution amongst team members and manage the rush process flow during peak periods
Answer questions from team members to ensure fast and safe cycle times are met
Perform research and make recommendations to Manager as to best practices, process improvements, new product requirements, and system enhancement ideas
Assist Manager in establishing and maintaining service level standards for the team
Ensure that work is completed within established SLAs
Provide input to Manager for employee performance appraisals and scheduling
Encourage collaboration by sharing ideas and knowledge, and help to build an environment which encourages participation and open communication
Grow and strengthen internal partnerships by championing the interests of business partners
Provide extraordinary customer service to internal and external customers, exhibiting competence, consistency, and operational excellence
Function with a high degree of independence
Develop training scripts/ exercises for less experienced staff members
Conduct training of staff members as directed by Manager, helping to ensure consistency of method across the team
Assist with IRMG, OCC or other auditors/ examiners in providing background, explanations, supporting detail
Actively participate in all UAT, applying technical knowledge and expertise to ensure viability of enhancements
Act as SME on projects as it pertains to the scope of assigned work
Risk and Compliance
Ensure adherence to Bank policies related to credit and compliance, such as: Know Your Customer (KYC), Anti-Money Laundering (AML), Compliance Testing, Risk Management support, due diligence requirements, Risk grading, and Basel II & Basel III compliance
Qualifications
At a minimum, the right candidate should meet the following criteria:
Technical knowledge to include a thorough understanding of the commercial loan process, loan accounting, and complex commercial loan documentation, including real estate
Thorough knowledge of bank policies, legal/ regulatory environment, and industry standards
Excellent interpersonal, verbal, and written communication skills
Excellent organization and time management skills with attention to detail
Strong computer skills, including Excel and Access
Typically requires a high school diploma or G.E.D. and 7+ years of technical experience in loan operations and/ or documentation
All your information will be kept confidential according to EEO guidelines.
Direct Staffing Inc
Job details are sourced from the employer's original posting.
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