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COMMONWEALTH BUSINESS SYSTEMS

Note Officer

COMMONWEALTH BUSINESS SYSTEMS, Los Angeles, California, United States, 90079


POSITION OVERVIEW

This position handles commercial/personal real estate and SBA general loan operation.

POSITION RESPONSIBILITIES• Loan Documents generation, funding and boarding• Handle general loan servicing for SBA 7a loans• Monitor tickler report and UCC continuation• Process daily payment and charge back• Process loan advance• Process late charge waiver• Process address & phone number change request• Process payment type change request• Prepare demand and payoff• Handle SBA loan sale settlement• Balances participation payment holdover G/L• Submits participation payment• Review monthly department invoices and submit to A/P• Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.)• Must complete all required training

SKILLS / QUALIFICATION• Substantial knowledge of loan operation, servicing, trade finance operation and documentation• Expertise in LaserPro, SBA SOP and bank loan policy and procedure

EDUCATION / EXPERIENCE• Bachelor's degree preferred• Minimum 1-3 years of experience in lending or loan operations