Sr. Loan Processor

CalPrivate Bank; San Diego (CA); On-site; USD 75,000 - 110,000; Full time

Job summary

CalPrivate Bank is seeking a Commercial Senior Loan Processor to join the Commercial Loan Processing – Credit Administration team in San Diego, CA. You will support underwriters and relationship managers to gather due diligence, prepare loan documentation, and ensure regulatory compliance.

The role requires 4+ years of direct commercial and real estate loan processing experience, including loan documentation, with strong organizational and communication skills.

Qualifications

• 4+ years’ direct commercial and real estate loan processing experience.
• At least 2 years of loan documentation experience.
• Computer skills include word processing and spreadsheet applications.

Responsibilities

• Primary loan support for Underwriters, Relationship Managers, and Credit Administration (the "Loan Team").
• Assist Loan Team in gathering, reviewing, and assembling due diligence information from pre‑loan documentation to loan closing.
• Coordinate loan activities with internal and external groups, Loan Team and individuals who are a party to the loan.
• Actively participate with the Loan Team in problem identification or closing obstacles and resolution.
• Manage, coordinate, and prioritize multiple loan closings simultaneously and maintain a current pipeline.
• Process loan requests as assigned.
• Review collateral due diligence and perfection for all types of collateral including real estate; review title exceptions for the 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 Loan Team to ensure approvals, waivers and exception authorizations are received pre‑closing; ensure pre‑closing conditions are met.
• Follow procedures for submitting the final loan package to Loan Servicing Department for booking.
• Follow up on post‑closing exceptions and receipt of original signed documents; scan and maintain all loan file data.
• Ensure adherence to all loan related compliance laws and regulations; cooperate with compliance‑related reporting and regulator exam related follow up.
• Maintain current pipeline at all times.
• Perform special projects as assigned.

Skills

Mathematics

Organizational skills

Communication skills

Active listening

Customer service

Positive attitude

Tools

Word processing

Spreadsheets

Job description

Job Title

Commercial Senior Loan Processor

Department

Commercial Loan Processing – Credit Administration

Reports To

Commercial Loan Processing Manager

FLSA Status

Non‑Exempt

Job Summary

Senior Processor is responsible for processing and closing all types of commercial loans in accordance with regulatory requirements and company policies and procedures. This includes working with Relationship Managers/Account Officers and Underwriters to gather all due diligence information required for financial, collateral, credit analysis and loan approval. The Senior Processor 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.

Duties & Responsibilities

• Primary loan support for Underwriters, Relationship Managers, and Credit Administration (the "Loan Team").
• Assist Loan Team in 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, 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, prioritize multiple loan closings simultaneously and maintain a current pipeline.
• Process loan requests as assigned.
• Perform collateral due diligence and perfection for all types of collateral including real estate; review and address title exceptions for the 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 Loan Team to ensure all approvals, waivers and exception 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 Loan Servicing Department for 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.
• Ensure adherence to all loan related compliance laws and regulations; cooperate with compliance‑related reporting and regulator exam related follow up.
• Maintain current pipeline at all times.
• Perform special projects as assigned.

BSA/AML/Compliance Responsibilities

Complete required documentation for new accounts including collection of required customer documentation, identification, and information as required by the Bank’s CIP program. This position includes direct interaction with customers and prospects and therefore includes responsibilities relating to BSA/AML. The employee is responsible for understanding and following the Bank’s BSA/AML policies including elevating suspicious activity to the BSA Officer. Additionally, the employee is required to understand and follow the Bank’s compliance program.

Qualifications

Must have 4+ years’ direct commercial and real estate loan processing experience with at least 2 years of loan documentation experience. Computer skills required include good working knowledge of word processing and spreadsheet applications.

Skills Needed

• Good mathematics, reasoning, oral comprehension skills
• Excellent organizational and time management skills
• Excellent oral and written communication skills
• Active listening
• Must consistently provide the highest level of customer service
• Must possess a positive, can‑do attitude