Loan Assistant Job at Royal Business Bank, Los Angeles, CA

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  • Royal Business Bank
  • Los Angeles, CA

Job Description

JOB SUMMARY

Under minimal supervision and following established policies and procedures, responsible for loan servicing of portfolio loans (CRE, C&I, MFR and participation loans) in LA, Chicago, New York and others. The position is to provide support to department manager and Portfolio Department. Complies with all regulations within apply within the scope of the position, including Bank Secrecy Act.

DUTIES

  • Serve as an ongoing point of contact for clients, helping them collect required information and complete any necessary documents throughout the loan process
  • Collect, organize, and verify financial documents to ensure loan applications are complete.
  • Perform general office administration duties.
  • Performs various data analysis involved in the support of client lending activities
  • Coordinate with Portfolio Department on loan administrative tasks such as auto debit/ACH set up, pay down transaction, and pay off requests.
  • Prepare weekly/monthly reports for the internal department and upper management.
  • Follow up on past due payment/loan maturities/ tax delinquencies with borrowers.
  • Follow up on any loan exceptions.
  • Request insurance certificate from borrower or insurance agent.
  • Prepare verification of deposit / mortgage.
  • Assist the Portfolio Manager/Loan Portfolio Specialist in requesting financial report and other required documents from borrower per loan agreement.
  • Perform other duties as assigned.

QUALIFICATIONS

  • EDUCATION: College degree in accounting or business preferred but not mandatory. Bachelor’s degree in accounting, finance, economics, and international development studies is a plus.
  • EXPERIENCE: Minimum 1 – 2 years in customer service experience. Loan administration preferably in commercial lending and real estate loan.

SKILLS AND ABILITIES

  • PC proficient in Word and Excel
  • Excellent verbal and written communication skills
  • Organized and detail-oriented with the ability to function in a team environment
  • Able to work in a fast pace environment while maintaining a high level of accuracy
  • Bilingual (English/Mandarin or Cantonese) is a plus.

Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future.

WHY WORK FOR US?

Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:

  • Medical insurance
  • Vision insurance
  • Dental insurance
  • 401(k)
  • Disability insurance

Royal Business Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policies (GLBA Privacy Notice, California Consumer Privacy Act and Online Privacy) at our website . Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

Job Tags

Work at office, Visa sponsorship

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