Loan Administrator Senior

SBA 7A Loan Administrator Senior

Provides SBA 7A loan documentation support to Relationship Managers and Credit Officers in facilitating loan preparation and documentation activities. Serves as a liaison with lending team, loan center, and legal to ensure all loans are documented to fully protect the Bank's interests in the credit relationship.

Loan Processing, Closing and Documentation Management :

• Initiates and prepares loan documentation request packages including completion of Loan Documentation Checklist and verification of approval authority for submit to the loan center.
• Coordinates with Real Estate Documentation, Income Property Group and Asset Based Lending departments, as applicable, to ensure loan documentation request package is complete.
• Follows up with the loan center to resolve documentation discrepancies or to obtain missing documents.
• Audits all loan documents to verify prepared accurately to the Loan Doc Checklist and credit approvals.
• Prepares lease subordinations, non-disturbance, and estoppel agreements in accordance with Bank requirements and lease agreements.
• Responsible for verifying all set conditions of funding have been met prior to the release of loan documents to the client for execution.
• Obtains insurance documentation for new loans when required. Ensures that insurance coverage complies with established Bank standards.
• Provides ongoing support for compliance with all applicable laws, regulations and administrative duties.
• Tracks, monitors, and maintains over margin accounts to ensure Bank collateral is secured and proper holds are placed.
• Performs loan closure process.

File Management :

Customer Service :

Required Qualifications :

Additional Qualifications :

What's In It For You?

Compensation :

Starting base salary : $34.55 - $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

Benefits and Perks :

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

About Us :

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.

Inclusion and Equal Opportunity Employment :

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.