Mechanics Bank is currently searching for a Business Banking Loan Specialist to join our team. Here at Mechanics Bank, we value connection, partnership, long-term relationships, and working together in person. This role will be working on-site at our Roseville, Walnut Creek, or San Francisco Bay Area locations.
Participates on a team led by the Loan Administration Manager to support the Business Banking Relationship Managers, as assigned, to provide sales, administrative process, and relationship management support. The incumbent will assist with direct and proactive client outreach and collaboration with the Business Banking team to identify additional opportunities within the client relationship. Time will be spent managing the process and completion of loan packages from application through funding to ensure expeditious processing and client experience. In addition, the remaining time will be spent functioning as a central point of contact for internal business partners and clients, supporting Bank processes, products and services, and loan processes in order to deepen client relationships and ensure a positive total experience.
What you will be doing:
- Manages and coordinates loan process, from initial engagement through post-funding. Works directly with Relationship Manager, Processing team, Underwriters, Credit Administration, Loan Services, as well as third-party processors to ensure compliance and resolve issues. Responsible for ensuring Underwriting guidelines, compliance requirements and regulatory requirements are met.
- Contacts customer and third-party processors as necessary to obtain required information and/or documentation and assists with resolving client-based needs pertaining to transactions. Including but not limited to collecting, organizing, and reviewing Appraisal Reports, Environmental Reports, Preliminary Title Reports, Financial Statements and Tax Returns, Insurance, Loan Package, CIP, and Legal Documentation. Ensures that all required activities are met within established timeframes.
- Responsible for assisting assigned Relationship Managers with an existing portfolio of business clients, including the outreach and review of transactions for opportunities to expand current/existing portfolio.
- Requests and monitors receipt of financial reporting requirements to meet the need of required covenants maintained in a tickler system. Review and analyze financials for completeness prior to submitting to Underwriting Team for review. Review changes in ownership, and ensure the bank's loan package is completed and is accurate according to the financials received.
- Additional duties may include but are not limited to: Facilitates the collection of fees; Responsible for reporting efforts to clear delinquent and past due/matured loans; Orders payoff demands as needed; Assist Relationship Manager with performing Site Visits, and assisting with Loan Signings as needed; Organizes and uploads documents into Bank systems; Communicates with client about covenant defaults as required.
Who you are:
- High school diploma or GED required.
- 5 years of experience in the following: Must have current knowledge of Business Lending Experience with commercial/business lending policies, practices, and applicable banking/government regulations.
- MS Office Suite applications systems; lending-related systems.
- Possess excellent human relations, communications, and business writing skills.
- Ability to work effectively without direct supervision.
- Possess effective time management and organizational skills.
- Demonstrates teamwork in facilitating workflow.
- High level of cooperation with others and is responsive to the Bank's needs.
- Exemplary motivation, enthusiasm, professionalism, and team skills.
- Demonstrates excellent customer service skills.
- Ability to cope with pressure resulting from meeting required deadlines, reporting requirements, and training responsibilities.
- Exhibit high degree of professionalism and confidentiality in handling and having access to sensitive information.
- Ability to travel between bank and customer locations and/or commute for training purposes.
- Commercial/Business lending experience in a similar environment.
- Valid Driver's License required or available transportation.
- Willing to embrace client outreach and consultative sales practices.
- Thorough knowledge of Bank operational policies and procedures, compliance regulations, and Bank products and services.
- The ability to effectively resolve employee and customer relations issues.
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Salary Range: $68,640 - 86,000 annually
Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.
- Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.
- Please view Equal Employment Opportunity Posters provided by OFCCP here.
- To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit https://www.mechanicsbank.com/resources/privacy-security/ca-privacy-policy-for-prospective-employees/.
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