• Commercial Loan Closing Administrator

    ID
    2019-7846
    Job Locations
    US-CA-San Francisco
    Category
    Lending
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    At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here.

     

    Incredible teams doing exceptional work, every day

    In Lending Services, we document and fund all loans for First Republic. We’re responsible for servicing bank and investor loan portfolios, as well as responding to client and loan team inquiries. The team also supports sales staff in workflow processes, product development, training and compliance. Additionally, we support lending-based systems and vendors and manage technology projects across First Republic product lines.

     

    Common goals, uncommon potential

    As a Commercial Business Administrator, you will assist the Bank’s loan teams in originating commercial loans by ensuring that each loan is documentable and serviceable by the Bank, creating loan and credit files, performing due diligence by obtaining all required client information to support the loan transaction, and consistently updating the commercial loan origination database. You will also review, perform the necessary due diligence on, and capture information to accurately generate and analyze loan and real estate documentation as well as fund and board the loans to the Bank’s accounting system.

     

    What you’ll do as a Commercial Business Administrator:

    • Obtain information about potential clients, perform the necessary due diligence and enter your investigation results into the origination system.
    • Accurately generate all required loan and real estate documentation. This includes working with third parties such as title companies and filing liens and holds to secure collateral.
    • Validate the full and proper execution of loan documentation and fund the loans.
    • Set up, modify, extend or renew loans in the accounting system.
    • Assist Business Bankers and Credit Analysts with managing their workflow and questions regarding products and functionality, and provide options and escalate issues when appropriate.
    • Adhere to and comply with all applicable federal and state laws, regulations and guidance, including those related to anti-money laundering (for example, Bank Secrecy Act, USA PATRIOT Act, etc.); adhere to Bank policies and procedures; complete all required training; identify and report potential suspicious activity to the Bank Secrecy Act / Anti-Money Laundering Officer; and know and verify the identity of clients entering into a relationship with the Bank.

     

    You could be a great fit if you have:

    • A bachelor’s degree
    • Four or more years of experience in commercial lending or a related field
    • Three or more years of experience in real estate / commercial real estate lending and/or exposure to other commercial loan products (preferred)
    • Knowledge of the following loan products (preferred): term loans, lines of credit, commercial real estate, construction loans, film and media lending, standby letters of credit, and Small Business Administration lending
    • Knowledge of residential and commercial loan systems (NetOxygen, TotalPlus, ML and/or IL ) and operations (preferred)
    • Knowledge of LaserPro, HotDocs or similar loan documentation systems (preferred)
    • Knowledge of AFS , CLO  and/or OnBase (preferred)
    • A strong working knowledge of the Microsoft Office suite (Word, Excel, Visio, PowerPoint)
    • The ability to review and analyze data reports and manuals
    • The ability to successfully manage projects of a varied and complex nature
    • Strong analytical, process and people skills
    • Excellent oral and written communication skills
    • The ability to work proactively and operate accurately and efficiently in a fast-paced environment with variable deadlines
    • Demonstrated organizational skills and strong attention to detail

    Job Demands:

    • Must be able to review and analyze data reports and manuals; must be computer proficient.
    • Must be able to communicate effectively via telephone and in person.

    Own your work and your career — apply now

    Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.

     

    We want hard working team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way.

     

     

    Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.

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