Senior Commercial Loan Processor Lead Closings & Compliance

CalPrivate Bank; San Diego (CA); Hybrid; USD 76,000 - 99,000; Full time

Job summary

CalPrivate Bank is seeking a Sr. Loan Processor to handle processing and closing of all types of commercial loans in line with regulatory requirements and bank policies.

You will coordinate with Relationship Managers, Underwriters, and Credit Administration to gather due diligence and ensure proper documentation and compliance. The role requires 4+ years of commercial/real estate loan processing experience, strong organizational skills, and excellent written and verbal communication.

Qualifications

• 4+ years' direct commercial and real estate loan processing experience with at least 2 years loan documentation experience.
• Computer skills include good working knowledge of word processing and spreadsheet applications.
• Excellent organizational and time management skills.
• Excellent oral and written communications skills.
• Active listener and customer-service oriented.

Responsibilities

• Primary loan support for Underwriters, Relationship Managers, and Credit Administration (the Loan Team).
• Assist the Loan Team 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, the Loan Team, and individuals who are a party to the loan.
• Actively participate with the Loan Team in proactive problem identification or closing obstacles and resolution.
• Manage, coordinate, and prioritize multiple loan closings simultaneously and actively. Always maintain a current pipeline.
• Process loan requests as assigned.
• Collateral due diligence and perfection for all types of collateral including real estate. Review and address title exceptions for Lender's title insurance policy.
• Review all entity due diligence information, ensure due authority and ownership.
• Prepare and review loan documentation for accuracy and risk management. Coordinate loan signing.
• Ensure proper collection of all closing fees.
• Assist the Loan Team to ensure all approvals, waivers and exceptions authorizations are received pre-closing. Ensure and document that all pre-closing conditions have been met.
• Follow procedures for submitting the final loan package to the Loan Servicing Department for the accurate and timely booking of new and existing loans.
• Follow up on post-closing exceptions and receipt of original signed documents. Scan and maintain all pre-closing and post-closing loan file data.
• Responsible for adherence to all loan related compliance laws and regulations; cooperation with compliance related reporting and regulator exam related follow up.
• Special projects as assigned.

Skills

Loan processing experience

Real estate loans

MS Office

Time management

Communication skills

Active listener

Tools

Microsoft Word

Microsoft Excel

Job description

CalPrivate Bank is seeking a Sr. Loan Processor to handle processing and closing of all types of commercial loans in line with regulatory requirements and bank policies.

You will coordinate with Relationship Managers, Underwriters, and Credit Administration to gather due diligence and ensure proper documentation and compliance. The role requires 4+ years of commercial/real estate loan processing experience, strong organizational skills, and excellent written and verbal communication.