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Note Specialist

Commonwealth Business Bank
Los Angeles, CA
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

POSITION OVERVIEW

This position handles commercial/personal real estate and SBA general loan operation 

 

POSITION RESPONSIBILITIES

  • Loan generation, funding and boarding 
  • Prepares SBA 1086 agreement  
  • Handles charge off, down grade and non-accrual placement 
  • Reviews and monitors collateral insurances.
  • Handles general loan servicing for SBA 7a loans
  • Daily loan payment and charge back 
  • Monitors tickler report and UCC continuation 
  • Posts daily payment 
  • Posts loan advance upon request  
  • Works as a backup for trade finance operation 
  • Balances participation payment holdover G/L 
  • Submits participation payment 
  • Monitors Hancock guaranty loans 
  • Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.)
  • Must complete all required training 

 

SKILLS / QUALIFICATIONS

  • Fundamental knowledge of loan operation, servicing, trade finance operation and documentation 
  • Experience in LaserPro 
  • Fundamental knowledge of bank policy and procedure 
  • Understands SBA SOP

 

EDUCATION / EXPERIENCE

  • Bachelor’s degree preferred

Commonwealth Business Bank

Address

Los Angeles, CA
90010 USA
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