Commercial Bank of California · 3 months ago
Loan Documentation Specialist
United States
Full-time
Remote
Mid Level
$40/hr - $46/hr
3+ years expCommercial Bank of California is the largest Latino-owned bank in California, committed to delivering innovative banking solutions. The Loan Documentation Specialist is responsible for preparing and reviewing loan documentation for commercial, real estate, and consumer loan portfolios, ensuring compliance with credit policies and applicable laws.
BankingFinancial ServicesInsurance
Responsibilities
Analyze entity documentation for borrowers, guarantors and collateral grantors to verify good standing and to ensure loan documents are properly prepared and authorized
Verify that all approved loans conform to the Bank’s policies and all pertinent governmental laws and regulations. This includes verifying that all Credit Authorizations evidence appropriate approval levels based on the customer’s total commitments, loan amount and loan type
Interact with appropriate lending unit personnel and review the approved Credit Authorization to determine the loan documentation requirements
Prepare loan documents based on loan due diligence and the approved Credit Authorization, primarily using the LaserPro loan documentation preparation system
Assist with ordering title policies
Assist with ordering flood determinations
Support coordination of the issuance of all trade Letters of Credit via correspondent banking relationships
Accountable to understand and ensure regulatory and policy compliance with state and federal requirements including the following (but not limited to) Bank Secrecy Act, Anti-Money Laundering Act, Community Reinvestment Act, OFAC Regulations and Fair Lending and all applicable bank and government regulations
Attends training and maintains a basic knowledge of procedures to ensure compliance with laws and regulations governing financial institutions, as they apply to your position and job responsibilities, with an emphasis on the BSA/AML/CIP, Consumer Privacy, Regulation CC, Information Security, Bank Protection Act, FACT-Identity Theft, Information Technology and GLBA
Perform other duties as assigned
Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational core values; accepts responsibility for own actions
Demonstrates knowledge of and adherence to Equal Employment Opportunity (EEO) policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action
Assures compliance with all Bank policies, procedures and processes, and all applicable state and federal banking laws, rules and regulations; adheres to Bank Secrecy Act (BSA) and Anti-Money Laundering Act rules and regulations
Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct
Qualification
Required
High School Diploma; and minimum 3 years related experience in loan documentation preparation and closing, or equivalent combination of education and experience
Must be well versed in all lending laws and regulations and LaserPro documentation software
Good working knowledge of personal computers and software
Proficient in the use of LaserPro documentation software
Basic knowledge of loan accounting systems, functions, and procedures
Bank marketing, operations and other daily banking functions to maintain understanding of customer management and product delivery in general
Banking laws, policies and procedures, service, and credit products
General accounting and mathematics
Detail oriented, able to multi-task and highly organized
Able to read and comprehend legal documents, procedure manuals and governmental regulations and apply same to job responsibilities as needed
Enter data in personal computer, use a calculator; operate telecommunications equipment and other office equipment
Use word processing, spreadsheet, graphics, and database software applications, as well specialized financial systems software
Plan, organize and prioritize tasks to meet deadlines
Analyze and solve work problems
Follow oral and written instructions
Communicate effectively with co-workers, consultants, regulators, and other parties
Prepare clear and concise reports and other documentation and correspondence
Preferred
Experience in all phases of documentation preparation with emphasis on commercial and real estate lending
Benefits
Competitive employer contribution to medical, dental and vision coverage
401k plan with employer match
Flexible Spending Accounts (FSA) and Dependent Care Accounts
Employee Assistance Program (EAP)
Employer provided Calm subscription
Employer provided mental health benefits through Teladoc
Life, AD&D and disability insurance
Minimum 15 Days of Vacation, 11 Paid Federal Holidays, Paid Time off to Volunteer
Online discount program
Tuition Reimbursement Program
Company
Commercial Bank of California
Commercial Bank of California is a full-service bank that offers traditional deposit, online and lending services. It is a sub-organization of CBC Bank.
201-500 employees
H1B Sponsorship
Commercial Bank of California has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2021 (1)
Funding
Current Stage
Growth StageLeadership Team
Ash Patel
President & CEO
Recent News
2025-08-07
2025-06-23
2025-04-26
Company data provided by crunchbase