El Monte, CA, US
65 days ago
Senior Commercial Loan Documentation Specialist
Welcome page Returning Candidate? Log In Here Senior Commercial Loan Documentation Specialist Location US-CA-El Monte Job ID 2024-11508 Category Banking Operations/Back Office Position Type Full-Time Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

 

Overview

The Senior Commercial Loan Documentation Specialist is responsible for the preparation of all loan documentation for all commercial lending teams.  The preparation of loan documents include but are not limited to; Real Estate, C & I, Specialty Lending such as; ABL, Private Equity, Telecom, Wealth Management, etc.  This position is also responsible to ensure the documented term are in compliance with the loan servicing system.    The Loan Documentation Specialist Senior will further work with lending staff, credit administration, credit supervision, attorneys, and compliance, to ensure compliance with all applicable policies and procedures in support of Loan Documentation and Closing. 

Responsibilities Review CCR and all appendices to determine appropriate credit approval and completed presentation to prepare the loan documentsReview Appendices to the CCR to ensure appropriate information is provided to prepare the Business Loan Agreement with all related facilities, covenants and reporting requirementsPrepare all required loan documents related to products such as; Trade Finance, C & I, CRE, ABL, Wealth Management, etc. in accordance to the approved CCR.  Documents include but are not limited to; authorization documents, Loan Agreement, Promissory Note, Collateral Documents, etc.Propose draft legal language on non-standard provisions Perfect collateral related to UCC filings and Intellectual PropertiesReview existing loan documents to ensure proper language on renewal and modification or determine proper re documentation of the creditReview existing loan information to ensure proper preparation of loan documents on renewals and modificationsReview payoff letters and applicable fees in preparation of disbursement authorization Recognize and discuss loan transactions with lending staff, inhouse attorney, and credit supervisor to resolve any outstanding issues prior to loan documentation and closing.Prepare loan documents on LaserPro in accordance with Bank Policy and according to the terms of the approved credit.May prepare Lender’s Instructions and work closely with Title CompaniesPerform Quality Control 2nd review for documents prepared by Documentation SpecialistProvide training to Documentation SpecialistBack up Loan Administrator on Due Diligence and documentation preparation for MFR and SBA productsSupport other projects as assigned by the ManagerRespond to all internal and external customer inquiries Perform other duties as assigned Qualifications Bachelor Degree in Finance or Accounting preferred or equivalent experience 5 years of experience as a loan administrator or a Commercial Loan Documentation Specialist including specialized productsExcellent knowledge of all aspects of loan documentation and closing, including commercial and commercial real estate, loan provisions/terms, various collateral sources and complianceCommercial Loan accounting experience required with FIS preferred Commercial Loan Documentation system experience required, proficient in LaserPro Broad knowledgeable with real estate title work requiredAbility to provide excellent customer service Ability to multi-task, adapt quickly to changes and work effectively in a fast-paced environment Must be a self-starter and possess positive attitude with good organizational skillsThorough knowledge of Microsoft software, inclusive of Word and ExcelDocument Imaging system experience requiredExcellent written and verbal communication skills requiredGood organizational, analytical and problem solving skills Compensation The base pay range for this position is USD $32.00/Hr. - USD $44.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. Options Apply for this job onlineApplyShareEmail this job to a friendRefer <p style="margin: 0px;"><span style="color: #54585a;">Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.</span></p> Share on your newsfeed

East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law. Application FAQs

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