Loan Servicing Coordinator jobs in United States
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California Bank of Commerce · 4 weeks ago

Loan Servicing Coordinator

California Bank of Commerce is seeking a Loan Servicing Coordinator responsible for reviewing closed loan documents and ensuring accuracy in loan processing. The role involves maintaining an accurate filing system, processing loan payments, and responding to customer inquiries.

BankingFinanceFinancial Services

Responsibilities

May complete callback of daily loan system reports to ensure proper payment posting, exception corrections and loan data
Review tickler reports to ensure collateral insurance and other ticklers are being monitored and followed, including, but not limited to, receiving collateral
"Board the loan" onto the loan system, ensuring that the appropriate information is entered in the correct system fields (ticklers, flex date fields, addenda’s, etc.)
Disburse loan proceeds and fees paid per Disbursement Authorization
Prepare are modification loan documentation on Laser Pro as assigned by Supervisor
Secures collateral and other documentation in safekeeping (documentation file). Prepares and manages credit and non-negotiable document files
Processes loan payments, loan draws and advances, including, but not limited to Construction advances
Process Participation payments/advances and forward to appropriate participant per Participation Certificate
May be required to process Guidehouse SBA 1502 Report
Maintains record keeping for loan system, which may include balancing loan activity, preparing general ledger entries, verifying data entry, and correcting any errors or maintenance issues
Maintain credit files in an up-to-date condition. Manage file systems of retention storage and other related matters
Handle incoming mail, including but not limited to, receiving, sorting, copying, and filing
Quotes loan balances, payoffs and payment information to customers, lending officers and processors
Process paid loans, including, but not limited to, Customer letter, "release" collateral
Reply to Demands for Payoff. (First Notify Loan Officer following that a demand has been received)
Responds and researches exceptions reported by loan officers/loan processors; responds to customer inquiries
Responds to credit verification and payoff requests
May process charge-offs or non-accrual loans; maintains accurate records on non-accrual billed loans
Prepare are modification loan documentation on Laser Pro as assigned by Supervisor

Qualification

Laser ProMicrosoft OfficeMathematical abilityAnalytical skillsTime managementOrganizational skillsWritten communicationVerbal communicationInterpersonal skillsTeamwork

Required

Computer skills to include use of Microsoft Office products, Laser Pro and other programs as required
Strong mathematical ability
Strong analytical skills, time management, and organizational skills. Ability to handle detail-oriented transactions
Excellent written and verbal communication skills, attention to detail and follow-through
Outstanding interpersonal skills, dedication to teamwork, and enjoys working closely with others
Ability to interact with coworkers, follow directions and work rules, and accept constructive feedback
High school diploma or GED equivalent required
Three to five years' experience in banking/lending

Preferred

Experience in a Note Department of a commercial bank

Company

California Bank of Commerce

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Businesses face many challenges, but they believe banking shouldn't be one of them.

Funding

Current Stage
Public Company
Total Funding
$16M
2024-01-30Acquired
2014-06-30Post Ipo Equity· $16M
2007-11-30IPO

Leadership Team

M
Michele Wirfel
Chief Operating Officer
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Company data provided by crunchbase