Senior Loan Administrator - Business Services (Remote - Must live in CA)

TITLE : Business Services - Senior Loan Administrator

STATUS : Exempt

REPORT TO : SVP - Head of Business and Financial

DEPARTMENT : Business Services

JOB CODE : 11198

PAY SCALE : $69.400.00 - $82,000.00 Annually

GENERAL DESCRIPTION :

The Senior Loan Administrator is responsible for the administration and management of the Commercial loan process, including documentation intake, member communication, file creation and maintenance, data input, and tracking. The Senior Loan Administrator will work on complex loans for commercial real estate, term loans, and other commercial and industrial loans. The Senior Loan Administrator will manage and monitor loans on an ongoing, day-to-day, and transactional basis working in close partnership with the commercial loan officer.

TASKS, DUTIES, FUNCTIONS :

• Act as primary liaison with members, collateral inspectors, appraisers, and title company representatives during all phases of financing.
• Will ensure all necessary application documents have been received before submitting to analyst for analysis and underwriting.
• Ensure all terms of the loan, as approved, are incorporated in the loan documents.
• Ensure all closing conditions are met and loans are closed within time frames.
• Responsible for setting up and monitoring loan and financial ticklers to ensure accuracy and timeliness.
• Analyze title insurance commitment reports including title exceptions and prepares title / escrow instructions.
• May process all types of draw requests and recommend approval.
• Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy, anti-money laundering, Fair Lending and Truth in Lending laws appropriate to the position.
• Act on items affecting the disbursement process such as change orders, sufficiency of funds, liens, set asides, restricted starts, etc.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Performs other duties as assigned.

PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS :

ORGANIZATIONAL CONTACTS & RELATIONSHIPS :

QUALIFICATIONS :

KNOWLEDGE / SKILLS :

PHYSICAL REQUIREMENTS :

LICENSES / CERTIFICATIONS :

THIS JOB DESCRIPTION PROVIDES AN OVERVIEW OF THE GENERAL SCOPE AND LEVEL OF WORK EXPECTED TO BE PERFORMED, BUT IT IS NOT AN EXHAUSTIVE LIST OF ALL DUTIES OR RESPONSIBILITIES ASSOCIATED WITH THE POSITION. THE CREDIT UNION RESERVES THE RIGHT TO MODIFY, ADD, OR REMOVE DUTIES AS NEEDED WITHOUT ADVANCE NOTICE. EMPLOYEES MAY BE REQUIRED TO PERFORM ADDITIONAL TASKS AND DUTIES AS DIRECTED BY THEIR SUPERVISOR, PROVIDED SUCH TASKS ARE WITHIN THE EMPLOYEE'S KNOWLEDGE, SKILLS, AND ABILITIES, OR CAN BE PERFORMED WITH REASONABLE TRAINING. NOTHING IN THIS JOB DESCRIPTION ALTERS THE AT-WILL EMPLOYMENT RELATIONSHIP OR LIMITS THE CREDIT UNION'S RIGHT TO ASSIGN OR REASSIGN DUTIES AND RESPONSIBILITIES TO THIS POSITION AT ANY TIME.

REV.10 / 1 / 2025