Loan Administration Officer
Location: Rosemead
Posted on: June 23, 2025
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Job Description:
Responsible for the preparation/review (attorney prepared) loan
documents for commercial loans. Obtain and review all necessary
loan information to prepare/review adequate loan documents and
takes appropriate action on any issues. Acts as a liaison with
internal and external sources, coordinate meetings with related
parties as needed, working with title companies as well as internal
and external legal sources. Coordinates loan closing, ensuring that
all loan documents are properly executed, all terms and conditions
are fulfilled, and collateral position is perfected within the
allowed time frame. ESSENTIAL FUNCTIONS • Review all necessary loan
information to prepare appropriate loan documents, including loan
approvals, appraisals, borrowing authority documentation, title
information, demand, and any additional information as needed to
perfect the bank’s position and reflect the terms of the loan
approvals. Take appropriate action on any issues that arise to meet
the requested document due date. • Prepare or review attorney
prepared/LaserPro complex loan documents (i.e., Asset Based,
complex Construction, complex International Trade Finance, SBA,
Syndication, Participation, etc.) based upon loan approvals, adhere
to bank policies and procedures. • Participate in loan document
discussion with bank legal/outside counsel and relationship
manager. Ensure loan documents are accurate, complete, are in
compliance with all federal and state laws and regulations. • Work
with the Legal Department or outside counsel when appropriate to
coordinate the preparation of loan documents or to obtain specific
legal language as needed. Determine whether standard documents can
be used, or if assistance from the Legal Department is required in
the document preparation. • Communicate, if applicable, with the
loan officer to ensure that all title issues are satisfied:
comprehensive recording instructions to the title company are
prepared and delivered. • Work on loan closing/funding, ensuring
that all loan documents are properly executed and approved by the
loan officers as appropriate; terms and conditions are fulfilled;
loan is closed and funded accurately and within established time
frame. • Perform post funding jobs including but not limited to
collateral perfection, tax service, UCC filings, tickers, linesheet
setup, ensure lien position and follow up trailing documents. •
Database administrator for LaserPro. Will be responsible for
updating and maintaining LaserPro library setting, testing LaserPro
disaster recovery application prior to implementing additions or
changes to production. • Create and update Department Desk Top
Procedures. • Train and provide guidance to junior team members and
review and sign off on junior team member’s work. • Review/create
partial releases and collateral hold releases. • Other duties as
assigned by supervisor/manager. QUALIFICATIONS • Education: College
graduate with major in accounting or business preferred. •
Experience: 6 years of experience in commercial loan documentation
and funding with a minimum of 2 years of experience at senior
level. • Some supervisory experience is a plus. • Skills/Ability:
Detail-oriented and accurate; ability to make sound recommendations
to improve workflow; excellent communication skills; LaserPro and
PC proficient; some IBS proficiency; knowledge on reviewing
attorney prepared loan document; thorough knowledge and
understanding of commercial loans and international lines of
credit.
Keywords: , East Los Angeles , Loan Administration Officer, Legal , Rosemead, California
