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Sr Loan Operations Administrator - Municipal Finance

Sr Loan Operations Administrator - Municipal Finance

Western Alliance BankPhoenix, AZ, United States
10 days ago
Job type
  • Full-time
Job description

Job Title :

Sr Loan Operations Administrator - Municipal Finance

Location : Block 23

What you'll do :

As a Senior Loan Operations Administrator you'll be responsible for completing duties involved with closing and disbursing of commercial loans for a variety of loan products offered by the Bank. You'll work closely with the business and other third parties to facilitate in the gathering of appropriate documentation and collateral information from the Borrower, verifying documents and researching information to prepare closing documents. One of your key responsibilities is to collaborate with appropriate parties to assist in the resolution of any issues or obstacles related to closing the loan such as liens, judgments, insurance, and title exceptions.

  • The Commercial Real Estate Loan Administrator will proactively process a pipeline of diverse, demanding and complex Commercial and Municipal Finance Loans. This includes commercial lines of credit, real estate, syndication / participation, and formula-based loans. The position is responsible for managing loan closing activities for new Commercial loans, modifications, renewals and extensions.
  • Responsible for supporting the Loan Operations Team Lead in processing loan requests prepared by Lending Origination Officers. Prepare loan packages for review by Documentation, Compliance and the Lending Origination Officer. Work collaboratively with the team to ensure loan submissions comply with bank policies and procedures, and that completed loan documentation is accurate and properly maintained.
  • Prepare the submission of files for boarding, including disbursements of loan proceeds; ensures all fees are properly and fully collected at closing. Ensure follow up on post-closing exceptions and receipt of original signed document.
  • Monitor tickler files for accounts; ensures credit inquires and UCC filings are researched to determine credit worthiness and appropriate collateral positioning are achieved.
  • Work with more complex loan packages and assist in the training and development of less experienced Loan Administrators.

What you'll need :

  • 5+ years of related experience in Loan Administration, Lending and / or Deposit Sales, or similar field.
  • High school diploma required.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and / or other commercial banking products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Knowledge of one or more loan types.
  • Proficient in multi-tasking in a team oriented environment and focused on the highest standards of client service.
  • Intermediate speaking and writing communication skills.
  • Benefits you'll love :

    We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

    About the company :

    Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

    Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and / or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

    © Western Alliance Bancorporation

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