Brea, CA, 92821, USA
19 hours ago
Commercial Loan Servicing Specialist II - Brea (on-site)
**ABOUT THE ORGANIZATION** SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals. The anticipated salary range for this role is between $45,000.00 and $63,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees. Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers. To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank. Specialties: Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services **JOB SUMMARY:** This position is responsible for all new loan boarding, extensions and renewal, and responsible for the post origination quality control of loan reviews for proper documentation, escrow account disbursements, flood and hazard insurance monitoring, payment processing, and other various types of adjustable loan processing as well as understanding applicable compliance issues with knowledge of SBA, Commercial, Business Loans, and Participation/Syndication Loans. **PRINCIPAL DUTIES AND RESPONSIBILTIES:** + Responsible for funding and boarding new loans on the core loan system. + Process loan extensions, renewals and modifications + Process Syndication/Participation daily loan transactions, including but not limited to Payments, Disbursements + Calculates Prepayment Penalty on request + Perform post origination quality control loan audits to ensure that proper legal documents have been received. This requires follow-up and review of all trailing legal documents for new loan originations + Order Tax Service Contracts + Responsible for the daily GL balancing + Conduct research necessary to address loan problems (data entry errors, payment exceptions/misapplications, etc.), resolve and communicate outcomes to appropriate parties + Respond to inquiries received, and initiate contact with others by phone and mail regarding the Banks serviced loans + Prepare responses to requests for payoff demands received from borrowers, escrow companies, and title companies + Prepare reconveyances and other collateral releases for paid loans + Imaging loan documents + Responsible for adhering to and complying with all Bank policies and Federal and State banking laws and regulations + Loan Systems and other applications user acceptance testing + Other duties may be assigned **JOB SUMMARY:** **Education:** + Education: High School Graduate or equivalent. **Skills/ Qualifications:** + Minimum two years’ experience in Loan Servicing with a concentration on Loan Funding and Boarding, preferably with knowledge of C&I including Commercial Real Estate, Construction Loan and Syndication Loans. + Working knowledge of loan documentation, loans systems, operations, and accounting. + Superb organizational skills and detail oriented. + Highly proficient PC skills including MS Excel and Word. + Must be able to plan and monitor activities according to priorities and multi-task. + Ability to work independently within the scope of responsibilities for the position and completes assignments in a timely manner. **EOE STATEMENT** SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com. **CCPA DISCLOSURE** Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.smbcmanubank.com/privacy/ccpa-disclosure . Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.
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