What are the responsibilities and job description for the Loan Documentation Specialist position at Royal Business Bank?
JOB SUMMARY
Under general supervision and following established policies and procedures, performs credit administrative functions to produce loan documentation for all commercial and industrial, real estate and construction, and SBA loans. Complies with all regulations that apply within the scope of the position, including Bank Secrecy Act.
DUTIES
- Prepare loan documentation for CRE, C&I, Construction, small business and SBA loans using Finastra / LaserPro or GoDoc Solution apps in accordance with terms of approved credit commitment and complying with Bank guideline, SBA SOP rules and other regulations.
- Ensure correct input of borrowers and guarantors information as reflected in corporate and legal documents.
- Prepare lender’s instruction letter for loan closing.
- Review loan documentation prepared by attorney services against approved credit commitment.
- Work closely with loan and underwriting officers to prepare loan documents for signature by borrowers and or guarantors.
- Performs other Credit Administration duties as assigned.
QUALIFICATIONS
EDUCATION Degree in Business or Accounting
EXPERIENCE : Minimum of two years experience in lending or credit functions Experience in review of business structure and legal entity documents
and advantage
SKILLS / ABILITIES
WHY WORK FOR US?
Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago, and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to :
Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
