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2 C&I Commercial Loan Closers/Servicing $70-90K+ OT+ in San Francisco

Limitless Talent

2 C&I Commercial Loan Closers/Servicing $70-90K+ OT+ in San Francisco

San Francisco, CA
Full Time
Paid
  • Responsibilities

    Job Description

    Several Permanent - Commercial Loan Administrator (and Servicing) in San Francisco & New York. Also Los Angeles, California

    Drawing Documents is not necessary but Preferred.

    Handle a heavy volume & FAST-PACED environment while ensuring customer service. Keep up with demand of 15-20 transactions monthly, deal w/ multi-family, draw docs!!

    Title: COMMERCIAL LOAN ADMINISTRATOR - $100-120K+ ALL IN

    $70-90K+ OT + Quarterly Incentives + YE Bonus & Great Benefits!

    1ST Department: Commercial Loan Closing, Lending Services

    2ND Department: Commercial Loan SERVICING, Lending Services

    Location: San Francisco

    COMMERCIAL LOAN CLOSING TEAM NEEDS A COMM LOAN ADMIN. As a SR. COMMERCIAL LOAN ADMINISTRATOR, you will assist the Bank’s loan teams in originating each commercial loan by ensuring that the loan is documentable and serviceable by the Bank, creating loan and credit files, performing due diligence by obtaining all required client information to support the loan transaction, and consistently updating the commercial loan origination database. You will also review, perform the necessary due diligence on, and capture information to accurately generate and analyze loan and real estate documentation as well as fund and board the loans to the Bank’s accounting system. Additionally, you will:

    • Assist Business Bankers and Credit Analysts with managing their workflow, questions regarding products, functionality, etc., providing options and escalating issues when appropriate.
    • Accurately generate all required loan and real estate documentation within the expected service level. This includes working with third parties such as title companies, legal counsel, etc.
    • Obtain potential client information, perform the necessary due diligence, and enter results into the origination system.
    • Validate the full and proper execution of loan documentation and fund the loans.
    • Setup, modify, extend, or renew loans on the accounting system.
    • Generate and obtain documentation related to the collateral and file all appropriate liens/holds, etc., to secure collateral.
    • Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor.

    Requirements:

    • Bachelor’s degree.
    • Must possess two or more years of experience in commercial lending or related field.
    • Must possess strong working knowledge of Microsoft Office Suite (Word, Excel, Visio, PowerPoint).
    • Experience drafting and negotiating Loan Documentation required.
    • 2+ years’ experience in Commercial Loan Products preferred.
    • Knowledge of loan documentation systems preferred.
    • Ability to successfully manage projects of a varied and complex nature.
    • Strong analytical, process, and people skills.
    • Excellent oral and written communication skills.

    Company Description

    Limitless Talent is a finance industry business partner specializing in matching skilled professionals within finance services for team project solutions full-time, temporary and consultant placement roles. Our focus is identifying candidates with the right skillset to join your team on a cost-effective basis. Our team engages experienced financial and business systems professionals to meet your needs and achieve your goals.