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Loan Boarding Specialist-Collateral

City National Bank

Los Angeles, California(remote)

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JOB DETAILS
SALARY
$24.46–$36.69 Per Hour
SKILLS
Accounting, Analysis Skills, Banking Services, Business Writing, Commercial Loans, Community Support, Consumer Loans, Customer Relations, Data Analysis, Data Quality, Dental Insurance, Documentation, Entrepreneurship, Equal Employment Opportunity (EEO), Financial Services, Government Regulations, Government Requirements, Health Plan, Loan Collateral, Loan Documents, Loan Processing, Loan Review, Maintain Compliance, Marketing/Sales Collateral, Mathematics, Microsoft Office, Network Support, Project/Program Management, Real Estate, Regulations, Research Skills, Vision Plan
LOCATION
Los Angeles, California
POSTED
10 days ago
Overview:
LOAN SPECIALIST-COLLATERAL

 

WHAT IS THE OPPORTUNITY?
This position is responsible for the review and analysis of loan packages for commercial and consumer loans and booking collateral to the Collateral Management System. Acts as liaison with Closing Department to resolve collateral matters pre and post boarding. This position will handle moderate to complex collateral issues and will work independently with minimal guidance from Supervisor or Assistant Supervisor.

 

WHAT WILL YOU DO?
  • Performs collateral reviews and identifies exceptions
  • Ensures that Demands and Reconveyances tracking is in conformity with regulatory/government requirements.
  • Updates the Collateral Tracking System
  • Fulfills internal requests for collateral review and document preparation
  • Responsible for ensuring compliance with assigned Bank policies and procedures relating to collateral perfection and monitoring.
  • Processes, solves and answers simple to complex collateral related issues.
  • Responsible for data integrity of Collateral Management System.
  • Maintains a proficient knowledge of applicable banking and RESPA rules and regulations.
  • Manage Special Projects independently.
  • Maintain a proactive, committed approach to such programs as Customer first, Community Reinvestment Act (CRA) and Equal Employment Opportunity.

 

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*

 

  • Minimum 3 years of experience working in documentation or a bank servicing department
  • Minimum 3 years of experience in analyzing loan documents and credit approval documents.
  • Minimum 2 years of experience with MS Office Suite
 
Additional Qualifications
  • Knowledge of terminology and documents, related to the perfection and retention of collateral (e.g. real estate, Security Agreement and UCC filings, etc.).
  • Must be able to process and handle large volumes ensuring quick turnaround.
  • Familiarity with the CFPB, RESPA and Article 9.
  • Education: Associates Degree or higher.
  • Strong Microsoft Office suite knowledge,
  • Strong math/accounting, data analysis and business writing skills.
  • Strong research and analytical skills.
  • Ability to quickly adapt to and become proficient in disparate loan processing systems.
  • Candidate for this position must be able to analyze commercial and consumer notes and credit memorandum.
  • Candidates must have a strong documentation and collateral background.

WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $24.46 - $36.69 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:
  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement
 
Get a more detailed look at our Benefits and Perks.

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. To learn more about City National and our dynamic company culture, visit us at About Us.

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.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

About the Company

C

City National Bank

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