Senior Loan Collateral & Compliance Specialist

Pacific Western Bank; Carlsbad, Northern (CA, KY); Hybrid; USD 37,000 - 47,000; Full time

Benefits offered by this job

401k with company match

Health, dental, vision insurance

Paid time off & holidays

Tuition reimbursement

Job summary

Banc of California is seeking a Collateral/Loan Servicing professional to ensure integrity and compliance of loan collateral processes. The role includes second reviews, workflow management, and cross-functional project participation across the Collateral Team.

You will safeguard original loan documentation and monitor collateral throughout the loan lifecycle, with emphasis on UCC filings, tax delinquencies, subpoenas, and audits. Strong Excel/Word and 4+ years in loan servicing are expected.

Qualifications

• Requires 4+ years of loan servicing experience, banking or relevant industry.
• Advanced research skills, strong organizational skills, attention to detail.
• Preferred knowledge of commercial loans and documentation.
• Proficient in Microsoft Excel and Word.
• Ability to produce a large volume of work in a very fast paced environment.
• Effective oral, written and interpersonal communication skills.
• Ability to work independently with minimal supervision.
• High School diploma or equivalent required.

Responsibilities

• Prepare collateral releases, amendments, and terminations to ensure accuracy and compliance.
• Conduct second reviews of collateral releases, amendments, and terminations to ensure accuracy and compliance.
• Assist in managing workflow for the collateral team.
• Facilitate and actively participate in projects within the Collateral Team.
• Take on cross-functional responsibilities to support broader team objectives.
• Maintain and monitor original loan files for new, existing, and paid off loans to ensure accuracy and compliance.
• Manage a portfolio of loans with UCC filings, including filing, amending, extending, and terminating filings as necessary.
• Run, review, and report on tax delinquency reports to identify and address outstanding tax issues.
• Respond to subpoenas by gathering and providing appropriate backup documentation in a timely and confidential manner.
• Review and process paid off loans, ensuring all collateral releases and terminations are completed accurately and without delay.
• Review and certify cash collateral, stocks, and bonds for loans secured by cash or negotiable collateral.
• Ensure loan files are reviewed and coded appropriately and timely for pledging and audit purposes.
• Manage and archive paid off loan files according to company policy and retention requirements.
• Conduct various research related to loans and collateral as requested, supporting compliance and operational needs.
• Follow all established policies and procedures.
• Perform other duties and projects as assigned.

Skills

Loan servicing

Research skills

Organizational skills

Attention to detail

Commercial loans

Excel

Word

Independent work

Communication skills

Education

High School diploma

Job description

Banc of California is seeking a Collateral/Loan Servicing professional to ensure integrity and compliance of loan collateral processes. The role includes second reviews, workflow management, and cross-functional project participation across the Collateral Team.

You will safeguard original loan documentation and monitor collateral throughout the loan lifecycle, with emphasis on UCC filings, tax delinquencies, subpoenas, and audits. Strong Excel/Word and 4+ years in loan servicing are expected.