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Golden 1 Credit Union · 2 weeks ago

Senior Loan Administrator - Business Services (Remote - Must live in CA)

United States

Full-time

Remote

Senior Level, Lead/Staff

$69K/yr - $82K/yr

8+ years exp

Golden 1 Credit Union is seeking a Senior Loan Administrator to oversee the administration and management of the commercial loan process. The role involves liaising with members and various stakeholders, ensuring compliance with loan documentation, and monitoring loans on an ongoing basis.

BankingFinanceFinancial Services

Responsibilities

Act as primary liaison with members, collateral inspectors, appraisers, and title company representatives during all phases of financing

Will ensure all necessary application documents have been received before submitting to analyst for analysis and underwriting

Ensure all terms of the loan, as approved, are incorporated in the loan documents

Ensure all closing conditions are met and loans are closed within time frames

Responsible for setting up and monitoring loan and financial ticklers to ensure accuracy and timeliness

Analyze title insurance commitment reports including title exceptions and prepares title/escrow instructions

May process all types of draw requests and recommend approval

Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy, anti-money laundering, Fair Lending and Truth in Lending laws appropriate to the position

Act on items affecting the disbursement process such as change orders, sufficiency of funds, liens, set asides, restricted starts, etc

May be asked to coach, mentor, or train others and teach coursework as subject matter expert

Performs other duties as assigned

Qualification

Commercial loan administrationCommercial real estate knowledgeCredit union compliance knowledgeAutomated loan origination systemMicrosoft programs proficiencyExceptional member serviceOralAnalytical skillsWritten communicationOrganizational skillsAttention to detail

Required

Bachelor's degree or equivalent experience

8 years of commercial loan administration experience

Maintain knowledge of commercial lending requirements, all commercial loan products, commercial loan fulfillment, credit union policies and all applicable federal and state laws and regulations

Current working knowledge of Commercial Real Estate and Commercial and Industrial lending

Exceptional member service and member relations skills

Exceptional oral and written communication skills

Ability to manage multiple tasks and demands, to work independently with minimal supervision, and to meet deadlines and effectively adjust to changing priorities

Excellent analytical, organizational skills and attention to detail. Ability to calculate figures and amounts

Understand the use of the automated loan origination system. Operate on standard Microsoft programs and other computer operations

Demonstrated ability to work independently and interact collaboratively and cultivate partnerships across the organization

Ability to effectively communicate policy/procedures to staff to assist the supervisor and or manager with training

Excellent loan administration experience with knowledge of letters of credit, borrowing based lending, multi-phased construction, and multiple collateral properties