Loan Administrator Senior

Overview:
LOAN ADMINISTRATOR SENIOR
WHAT IS THE OPPORTUNITY?

Provides loan documentation support to Relationship Managers and Credit Officers in facilitating loan preparation and documentation activities. Serves as a liaison with lending team, Loan Center, and legal to ensure all loans are documented to fully protect the Bank's interests in the credit relationship.

What you will do

Loan Documentation Management
Initiates and prepares loan documentation request packages including completion of Loan Documentation Checklist and verification of approval authority for submit to the Loan Center. Coordinates with various Lending departments, as applicable, to ensure loan documentation request package is complete. Follows up with the Loan Center to resolve documentation discrepancies or to obtain missing documents.
Audits all loan documents (after execution by borrower) to verify that the documents have been returned, signed, dated, and initiated properly. Ensures that any missing or altered documents are listed on the waiver report, and that proper approval for boarding with deficiencies has been obtained. Follows up on missing documents. Obtains necessary waivers before boarding a loan with exceptions.
Obtains insurance documentation for new loans when required. Ensures that insurance coverage complies with established Bank standards.
Provides on going support for compliance with all applicable laws, regulations and administrative duties
Tracks, monitors, and maintains over margin accounts to ensure Bank collateral is secured and proper holds are placed.
Performs loan closure process.
File Management
Sets up and ensures that all shadow legal files are kept current and in accordance with filing standards and naming convention.
Duties may include file room maintenance (e.g., archiving, filing, updating, File Tracker, etc.).
Customer Service
Ensures requests for loan servicing/maintenance are processed in a timely manner (e.g., pay downs, advances, etc.).
Tracks and processes Libor renewals and rollovers.
Handles customer and City National Bank colleague (RM, Credit Officer, Manager, etc) requests for loan requests
Must-Have*
H.S. Diploma
Minimum 5 years of documentation or loan servicing experience
Minimum 5 years of basic computer experience(e.g. Microsoft Word, Excel, Outlook) required
Skills and Knowledge
Five or more years of loan documentation experience; specifically commercial documentation.
Considerable knowledge of the job and the practical application to problems and situations ordinarily encountered.
Knowledge of general banking operations sufficient to understand the loan function and knowledge of Federal and State loan documentation regulations required.
Excellent verbal and written communication skills.
Must have good analytical skills and the ability to pay close attention to detail.
Compensation

Starting base salary: $34.55 - $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our

Benefits and Perks .
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. 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 basis protected by law.'
ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North Americas leading diversified financial services companies.

#CA-DH
#J-18808-Ljbffr