City National Bank · 1 month ago
Loan Closing Specialist II
Los Angeles, CA
Full-time
Onsite
Mid Level
$28.58/hr - $45.66/hr
3+ years expCity National Bank is a subsidiary of Royal Bank of Canada, founded in 1954 to support entrepreneurs. The Loan Closing Specialist II is responsible for completing due diligence associated with commercial loan documentation and the closing process, ensuring accurate boarding of loans and timely communication with the funding team.
BankingFinanceFinancial Services
Responsibilities
Interacts and communicates daily with Regional Closing Manager (RCM) or Industry Closing Manager (ICM) to ensure requirements are understood and met
Works with RCM or ICM to review loan documents and identify shortfalls
For internally prepared and attorney prepared loans, communicates to RCM or ICM that their tasks have been completed
Participates in the review of loan documents and notifies RCM or ICM of any issues or changes
Conducts initial review of Credit Approval Memo and loan documents and identifies discrepancies. Escalates to RCM or ICM for resolution
Review Boarded deals for accuracy
Participates in Quality Control testing of Outside Counsel documents
Work with CLO in the boarding and funding of loans
Interacts and communicates daily with RCM or ICM to ensure requirements are understood and met
Works with RCM or ICM to review loan documents and identify shortfalls
Qualification
Required
Bachelor's Degree or equivalent
Minimum 3 years experience in Commercial Banking required
Minimum 2 years experience with closing loans
Preferred
Project Management skills, ability to prioritize tasks and adapt to changing priorities
Organizational and time management skills
Recommended experience: Prior closing experience, credit experience or understanding of experience
Understanding of bank policies and procedures relating to the satisfaction of loan closing conditions, documents, and services
Benefits
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
Company
City National Bank
City National Bank offers a full complement of banking, trust and investment services. It is a sub-organization of City National.
1001-5000 employees
H1B Sponsorship
City National Bank 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
2025 (76)
2024 (78)
2023 (145)
2022 (93)
2021 (107)
2020 (62)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Howard Hammond
CEO City National Bank
Fiyaz Khan
Senior Vice President, Structured Products
Recent News
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