Loan Administrator
Loan Administrator
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Salary Not Disclosed
1 Vacancy
Job Description
Job Title:
Loan AdministratorLocation:
BiltmoreWhat youll do:
Phoenix AZ Loan Administrators are responsible for completing all of the tasks involved with closing and disbursing commercial loans for a variety of loan products offered by the Bank including Commercial & Industrial Commercial Real Estate assetbased lending small business administration construction. They serve as liaison with many internal and external parties including the Lending Origination Team (Sales Manager Portfolio Manager and Underwriter) Borrower Inside and Outside Legal Counsel Internal Documentation and Compliance Credit Administration and Loan Servicing.Loan Administrators work with the Lending Origination Team to gather the appropriate documentation and collateral due diligence from the Borrower verifying documents and researching information to assist in the preparation of closing documents. Works with partners to resolve any issues or obstacles to closing (e.g. liens judgments insurance filings and exceptions) with appropriate parties. Confirms all loans are closed in compliance with Company procedures and relevant regulations.
- Processes loan requests prepared by Lending Origination Team and prepares loan packages for review by Documentation Compliance and the Lending Origination Team. Work Collaboratively with the team to ensure loan submissions comply with bank policies and procedures and that completed loan documentation is accurate and properly maintained.
- Prepare the submission of files for boarding including disbursements of loan proceeds; ensures all fees are properly and fully collected at closing; Ensures follow up on postclosing exceptions and receipt of original signed documents. Responsible for transmittal of loan package to Loan Servicing.
- Monitors tickler files for accounts; ensures credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
What youll need:
- 12 years of related experience in Loan Administration Lending and/or Deposit Sales or similar field.
- High school diploma required.
- Entry level to intermediate knowledge of general banking operations including deposit operations loan administration treasury management and/or other commercial banking products and services.
- Entry level to Intermediate knowledge of applicable regulatory and legal compliance obligations rules and regulations industry standards and practices.
- Knowledge of loan types including specialty lending commercial & industrial mortgage warehouse syndication municipal gaming homebuilder finance and borrowing base administration are a plus.
- Proficient in multitasking in a teamoriented environment and focused on the highest standards of client service.
- Intermediate speaking and writing communication skills.
Benefits youll love:
We offer all the important things youd 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 youll 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 handson 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 or call. 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
Required Experience:
Unclear Seniority
Employment Type
Full-Time
