• Commercial Loan Closer II

    Location US-CA-El Monte
    Job ID
    2018-6203
    Category
    Other
    Position Type
    Full-Time
  • Overview

    For more than 40 years, East West Bank has served as a pathway to success. With over 130 locations across the U.S. and Greater China, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities. And our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, high-tech and aviation help build sustainable businesses and expand our employees’ potential for career advancement.

     

    Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With assets of $37.7 billion, we’re ranked among the 30 largest banks in the United States and currently top 5 in “America’s 100 Best Banks” by Forbes, a list where we've consistently been in the top 15 since 2010. With a strong foundation, an enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

    Responsibilities

    • Prepare, review loan closing documents for all loan products that the Bank offers such as: C & I, CRE, ABL, Trade Finance, SBA, Construction loans, and counsel-prepared loans which may include syndications and participation loans
    • Perform loan funding and boarding
    • Perform callback of loans closed and booked by others
    • Act as liaison between escrow, title, closing agents, attorneys, and all interested parties to coordinate closing and funding activities
    • Perfect collateral
    • Follow up on post-closing exceptions and receipt of original signed documents
    • Perform other duties as assigned

    Qualifications

    • Bachelor Degree in Finance or Accounting preferred or equivalent experience
    • 5+ years of experience in loan servicing or documentation
    • Loan Accounting System for loan booking; FIS Insight preferred
    • Strong data entry skills and accuracy required
    • Working knowledge of rules, regulations and policies concerning banking services, particularly with commercial lending and related loan documentation
    • Must have the ability to prioritize and multi-task in a high pressure environment
    • Knowledge of and ability to interpret LaserPro or outside counsel-prepared commercial loan documents
    • Effective interpersonal, written, and verbal communication skills
    • Must have knowledge of BSA/AML/OFAC Laws/Regulations, understand how these obligations relate to his/her role, and comply with these laws and regulations

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