Commercial Loan Servicing Generalist
Company: First Republic Bank
Location: Los Angeles
Posted on: May 16, 2022
|
|
Job Description:
At First Republic, we care about our people. Founded in 1985, we
offer extraordinary client service in private banking, private
business banking and private wealth management. We believe that
personal connections are everything and our success is driven by
the relationships we form with our colleagues and clients. You'll
always feel empowered and valued here. -
-
Incredible teams doing exceptional work, every day
In Lending Services, we document, fund, and service all loans for
First Republic. We're also responsible for servicing investor and
collateral loan portfolios, as well as responding to client and
loan team inquiries. Lending Services provides operational support
in streamlining workflow processes, driving product development,
and providing training, lending compliance support, and
professional development resources. Additionally, we provide
operational risk and internal control oversight, support
lending-based systems and vendors, and manage technology projects
across First Republic product lines.Duties and
ResponsibilitiesLending Services is looking for a skilled lending
professional to join our Commercial Loan Servicing team. The
Commercial Servicing Generalist is primarily responsible for
boarding and for updating all types of accounts loans to the AFS
loan accounting system including all complex bookings from both the
Business and Commercial Real Estate product lines. This includes
the handling of payments and advances, reviewing and understanding
all types of loan documentation, processing of outside council
bookings, maintenance transactions of various complexities,
monitoring and updating collateral, producing monthly and quarterly
reporting, and responding to questions from both internal
departments and clients.
-
What you'll do as a Commercial Loan Servicing Generalist:
- Accurately and efficiently process financial and non-financial
transactions to loan accounts including loan payments and outgoing
wires.
- Work directly with clients to research items of various
complexities while bringing situations to a successful and timely
resolution.
- Interaction required with individuals within the organization at
several levels.
- Perform duties and responsibilities specific to department
functions and activities or as assigned by supervisor.
- Responsibilities include the following: 1) adhering to and
complying with all applicable, federal and state laws, regulations
and guidance, including those related to Anti-Money Laundering
(i.e. Bank Secrecy Act, USA PATRIOT Act, etc.), 2) adhering to Bank
policies and procedures, 3) completing required training, 4)
identifying and reporting potential suspicious activity to the
BSA/AML Officer, and 5) knowing and verifying the identity of any
customer(s) that enters into a relationship with the
Bank.QualificationsYou could be a great fit if you have:
- High School diploma and 1-2 years of experience in loan
operations or related lending experience.
- Knowledge of AFS, CLO and/or OnBase.
- Proactive individual able to operate efficiently in a fast-paced
environment, especially at month and quarter end.
- Must be adept at successfully meeting goals in a highly fluid
work environment.
- Quick learner and ability to manage multiple priorities.
- Must be able to quickly forge effective working relationships
with a variety of personalities.
- Excellent verbal and written communication skills.
- Provides extraordinary service.
- Furthers the First Republic Bank culture and values.
- Able to deal with ambiguous situations.
- Process and deadline oriented.
- Must possess intermediate working knowledge of MS Word/ MS Excel/
MS Outlook/MS Access.
- Familiarity with the following loan products a plus: Term Loans,
Lines of Credit, Commercial Real Estate, Construction Loans, Film &
Media Lending, Standby Letters of Credit, and SBA Lending.
Job Demands:
- Must be able to review and analyze data reports and manuals; must
be computer proficient.
- Must be able to communicate effectively via telephone and in
person.
Own your work and your career - apply now
Are you willing to go the extra mile because you love what you do
and how you can contribute as a team? Do you want the freedom to
grow and the opportunity to take charge of your own career? If so,
then come join us.
-
We want hard working team players. You'll have the independence to
learn, lead and drive change. A culture of extraordinary service,
empowerment and stability - that's the First Republic way.
-
We believe that a diverse range of backgrounds and ideas has and
will continue to be fundamental to the future success of First
Republic.
-
If you are curious to learn more about this opportunity, we'd love
to hear from you.
-
This job description is not intended to be all-inclusive. Employee
may perform other related duties as assigned to meet the ongoing
needs of the organization. The Company is an equal opportunity
employer. In this regard, the Company makes reasonable
accommodations for qualified applicants and employees with
disabilities in order to enable them to perform all essential job
functions, unless doing so creates an undue hardship.
-
First Republic is subject to federal laws that restrict the
employment of individuals with certain types of criminal histories,
including FDIA Section 19 and FINRA. To the extent not inconsistent
with our obligations under those federal laws and regulations,
First Republic will consider qualified candidates with criminal
histories in a manner consistent with the Los Angeles and San
Francisco ban-the-box laws.
-
For New York City-based roles: Mayor Bill de Blasio -announced
-that, -effective December -27, 2021, -all -private sector
employers?in New York City will be required to ensure that their
employees are vaccinated against COVID-19 -to -attend -work in the
office. Reasonable -Medical or Religious Accommodations may be
requested if applicable to you. -Please view New York's -Guidance
on Accommodations for Workers -for more information.We're always on
the lookout for top talent and are adding new jobs every week.
Keywords: First Republic Bank, Los Angeles , Commercial Loan Servicing Generalist, Other , Los Angeles, California
Click
here to apply!
|