East West Bank
Loan Admin Team Lead
East West Bank, Houston, Texas, United States, 77246
Introduction:Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Asia markets. With a strong foundation, an enterprising spirit, and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.Overview:The Loan Administrator Team Lead is responsible for providing guidance and technical support to Loan Closing Administrators and Associates, performing syndicated and complex commercial loan closing activities. This position requires a comprehensive understanding of loan syndications, complex and specialized commercial lending products, regulatory requirements, credit policy, collateral, insurance, and loan servicing requirements.Responsibilities:Provide guidance and technical support to Loan Closing Administrators and AssociatesPerform detailed due diligence for all Closing Requirements have been met including but not limited to:Proper borrowing resolutions have been obtainedReview Outside Counsel Consistency Letter ensuring there are no exceptions and/or outstanding items to be resolved prior to closingReview Post Closing requirements and ensure proper tracking and follow upPerform due diligence of Flood RequirementsAct as liaison between Escrow, Title, Attorneys and all interested parties to coordinate funding and closing of Specialty Lending loans and Syndicated Credit for EWB lead.Review collateral support documents to ensure appropriate collateralization and proper lien position pursuant to credit approval.Review CCR to determine appropriate credit approval and completed presentation to close the loanEnsure all pre-funding conditions have been met prior to closingPerform pre-Closing review of Loan Documents post executionPrepare closing documents including but not limited to Closing Statement ensuring data accuracy and proper assignment of codes and set up post-closing requirementPerfect all Collateral including but not limited to Commercial Real Estate, Equipment, Blanket Liens, etc.Assist in creating/establishing procedures in support of the Loan Closing Admin. TeamSupport other projects as assigned by the ManagerRespond to all internal and external customer inquiriesPerform other duties as assignedQualifications:Bachelor Degree in Finance or Accounting preferred or equivalent experience5 years of experience as a commercial loan closing administrator or syndication loan servicing administratorKnowledge of all aspects of complex loan structures specifically those prepared by AttorneysAbility to read and interpret complex loan agreementsThorough knowledge of all Loan Closing requirements and collateral perfectionStrong knowledge of core accounting system functionality / capability to onboard and service complex commercial lending productsCommercial loan accounting experience required with FIS preferredBroad knowledge of syndicated loan servicing requirementsAbility to provide excellent customer serviceAbility to multi-task, adapt quickly to changes and work effectively in a fast-paced environmentAbility to effectively communicate upward and downward, with outside attorneys, and other financial institutionsMust be a self-starter and possess a positive attitude with good organizational skillsStrong sense of internal and SOX controlsThorough knowledge of Microsoft software, inclusive of Word and ExcelExcellent written and verbal communication skills requiredGood organizational, analytical and problem-solving skillsCompensation:The base pay range for this position is USD $40.00/Hr. - USD $48.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
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Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Asia markets. With a strong foundation, an enterprising spirit, and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.Overview:The Loan Administrator Team Lead is responsible for providing guidance and technical support to Loan Closing Administrators and Associates, performing syndicated and complex commercial loan closing activities. This position requires a comprehensive understanding of loan syndications, complex and specialized commercial lending products, regulatory requirements, credit policy, collateral, insurance, and loan servicing requirements.Responsibilities:Provide guidance and technical support to Loan Closing Administrators and AssociatesPerform detailed due diligence for all Closing Requirements have been met including but not limited to:Proper borrowing resolutions have been obtainedReview Outside Counsel Consistency Letter ensuring there are no exceptions and/or outstanding items to be resolved prior to closingReview Post Closing requirements and ensure proper tracking and follow upPerform due diligence of Flood RequirementsAct as liaison between Escrow, Title, Attorneys and all interested parties to coordinate funding and closing of Specialty Lending loans and Syndicated Credit for EWB lead.Review collateral support documents to ensure appropriate collateralization and proper lien position pursuant to credit approval.Review CCR to determine appropriate credit approval and completed presentation to close the loanEnsure all pre-funding conditions have been met prior to closingPerform pre-Closing review of Loan Documents post executionPrepare closing documents including but not limited to Closing Statement ensuring data accuracy and proper assignment of codes and set up post-closing requirementPerfect all Collateral including but not limited to Commercial Real Estate, Equipment, Blanket Liens, etc.Assist in creating/establishing procedures in support of the Loan Closing Admin. TeamSupport other projects as assigned by the ManagerRespond to all internal and external customer inquiriesPerform other duties as assignedQualifications:Bachelor Degree in Finance or Accounting preferred or equivalent experience5 years of experience as a commercial loan closing administrator or syndication loan servicing administratorKnowledge of all aspects of complex loan structures specifically those prepared by AttorneysAbility to read and interpret complex loan agreementsThorough knowledge of all Loan Closing requirements and collateral perfectionStrong knowledge of core accounting system functionality / capability to onboard and service complex commercial lending productsCommercial loan accounting experience required with FIS preferredBroad knowledge of syndicated loan servicing requirementsAbility to provide excellent customer serviceAbility to multi-task, adapt quickly to changes and work effectively in a fast-paced environmentAbility to effectively communicate upward and downward, with outside attorneys, and other financial institutionsMust be a self-starter and possess a positive attitude with good organizational skillsStrong sense of internal and SOX controlsThorough knowledge of Microsoft software, inclusive of Word and ExcelExcellent written and verbal communication skills requiredGood organizational, analytical and problem-solving skillsCompensation:The base pay range for this position is USD $40.00/Hr. - USD $48.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
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