Loan Assistant Jobs

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 also responsible for annual loan review of portfolio loans including C&I and commercial real estate loans. Provide support to department manager and loan portfolio officer. Complies with all regulations within apply within the scope of the position, including Bank Secrecy Act.

DUTIES

• Prepare weekly/monthly reports to internal department and upper management.
• Perform analysis report and various reports including problem loan and asset monitoring.
• Process loan pay off requests and coordinate final payoff with Note Department.
• Work with underwriting teams after loan funding and coordinate transfer of loan to Portfolio Management for servicing and management.
• Request financial reports, insurance and other required documents from borrower per loan documents.
• Perform annual loan reviews and trend analysis to monitor loan performance and compliance with loan covenants.
• Notarize loan documents for the Bank’s customers.
• Follow up on loan maturities and obtain updated financials for renewals, extensions amendments, and waivers.
• Perform other duties as assigned.
• Process and monitor daily activities for loan advances and pay down, construction disbursement.
• Prepare financial spreadsheets and/or covenant checklist.
• Follow up on any loan exceptions and/or delinquencies.

QUALIFICATIONS

• EDUCATION: Bachelor’s degree in accounting, finance, economics, international development studies. MBA or Master degree would be an advantage.
• EXPERIENCE: Experience in commercial lending is a plus.

SKILLS AND ABILITIES

• Organized and detail-oriented with the ability to function in a team environment
• Bilingual (English/Mandarin) is a plus.
• PC proficient in Word and Excel
• Strong financial and loan analytical skills
• Excellent verbal and written communication skills

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:

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

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 www.royalbusinessbankusa.com. 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.