Commercial Loan Administrator

Job Title:

Commercial Loan Administrator

Location:

La Mesa

What you'll do:

The Commercial Loan Administrator is responsible for processing and closing commercial loans in accordance with regulatory requirements and company policies and procedures. This includes working with the Relationship Manager / Account Officer to gather all due diligence information required for financial and credit analysis and loan approval. The Commercial Loan Closer is responsible for ensuring that loans are properly documented and that both supporting and contractual documentation complies with state and federal laws and protects the interest of the Bank and its customers.

What we are looking for:

• Assist Loan Officers with gathering, reviewing, and assembling due diligence information and other loan documentation from pre-loan documentation to loan closing

• Serve as liaison to coordinate the activities of external and internal groups and individuals who are a party to the loan processing, documentation, and closing

• Develop professional working relationship with borrowers and Account Officer / Relationship Manager

• Communicates directly with the Borrower to assist in gathering information for the loan package as instructed by the Account Officer or Relationship Manager

• Actively participate, and frequently lead, the deal team in proactive problem identification or closing obstacles and resolution

• Process loan requests prepared by Account Officer / Relationship Manager for review by Documentation, Compliance

• Order and review loan documentation for accuracy and risk management

• Assist Account Officer in gathering information required to complete LP, AAM, or OM

• Ensure and document that all pre-closing conditions have been met

• Assists Loan Officers to ensure all approvals, waivers and exceptions authorizations are received pre-closing

• Ensure proper collection of all closing fees

• Follow up on post-closing exceptions and receipt of original signed document

• Follows procedures for submitting the final loan package to Loan Operations for booking and funding

• Assists Business Line Unit to coordinate timely loan closings

• Manage, coordinate and prioritize multiple loan closings simultaneously

• Coordinates weekly meeting with the Lending Team and Loan Operations to prioritize workflow and workload

• Responsible for daily delivery of the highest level of service to both internal and external clients

• Any additional tasks as requested and as role eveloves

Qualifications:

• Preferred: Bachelor's degree from a four (4) year College or University

• Required: High School Diploma (or equivalent) with 3-5 years of lending, loan support or processing experience with knowledge and training in all lending activities, processing and terminology.

• Intermediate computer operational skills required; basic knowledge of banking systems preferred.

• Effective written and verbal communication skills

• Advanced knowledge of related state and federal loan regulations and Bank lending policies.

• Basic knowledge of branch operation procedures, Bank products and services.

Compensation: Hourly range for new hires is generally $72,000.00 - $89,000.00 for La Mesa, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits you'll love:

We offer all the important things you'd 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, you'll 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 hands-on 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 HR@westernalliancebank.com or call 602-386-2488. 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