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Loan Administrator Team Lead- Corporate Finance

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Western Alliance Bank

2mo ago

  • Job
    Full-time
    Senior (5-8 years)
  • Los Angeles
  • Quick Apply

AI generated summary

  • You should have experience in loan administration, strong leadership skills, proficiency in corporate finance processes, and the ability to manage a team effectively.
  • You will lead the loan administration team, overseeing loan applications, processing, compliance, and customer communication to ensure efficient operations in corporate finance.

Requirements

  • - Bachelor’s degree from a four (4) year college or university, a minimum of eight (8) years or more related experience; or the equivalent combination of education and experience
  • - Work related experience should consist of Loan Administration, Lending and/or Deposit Sales, or other related financial services experience
  • - Intermediate to advanced knowledge of general lending operations, loan administration, treasury management and/or other commercial banking products and services
  • - Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
  • - Intermediate to advanced knowledge of a variety of complex loan types
  • - Proficient in multi-tasking in a team oriented environment and focused on the highest standards of client service
  • - Strong speaking and writing skills for internal and external audiences
  • - Previous leadership skills preferred

Responsibilities

  • - Oversees the daily workflow, work direction, and accurate processing of loan packages and that the daily operations run smoothly and efficiently. Ensures established deadlines are being met, maintaining accuracy, and identifying and expediting work assignments as needed. Communicates the daily workflow and escalates issues of quality and productivity concerns to Originators or Loan Servicing.
  • - Analyzes, researches, and resolves escalated issues. Ensures clarity and direction, and exhibits the necessary follow through with customers and/or staff involved.
  • - Coordinates internal & external Legal Reviews
  • - Reviews accuracy of boarding details post close
  • - Performs operational tasks for Corporate Finance team as needed

FAQs

What is the job title for this position?

The job title is Loan Administrator Team Lead - Corporate Finance.

Where is this job located?

This job is located in Los Angeles, California, specifically in La Playa.

What are the primary responsibilities of a Loan Administrator Team Lead?

The primary responsibilities include coordinating, processing, and facilitating loan closings for structured products, Equipment Leases, and loan participations, while acting as a liaison between originators, loan servicing, and legal counsel.

What qualifications are required for this role?

A Bachelor's degree from a four-year college or university, a minimum of eight years of relevant experience, and knowledge of loan administration, lending, regulatory compliance, and various complex loan types are required. Leadership skills are preferred.

What is the expected salary range for this position?

The salary range for new hires is generally between $115,000.00 and $135,000.00 for the Los Angeles, CA area.

Are there any bonuses or incentives associated with this role?

Yes, the role may be eligible for annual bonuses/incentives and restricted stock.

What benefits come with this position?

Benefits include competitive salaries, medical and dental insurance, a great 401k matching program, tuition assistance, an employee volunteer program, a wellness program, and opportunities for hands-on business knowledge and experience.

Is Western Alliance Bancorporation an equal opportunity employer?

Yes, Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without discrimination based on various protected categories.

Who should I contact if I need an accommodation in the application process?

Individuals requiring reasonable accommodations can contact HR at HR@westernalliancebank.com or call 602-386-2488 to discuss accessibility issues.

What experience is preferred for candidates applying for this job?

Work-related experience should consist of Loan Administration, Lending, and/or Deposit Sales or related financial services experience.

Western Alliance Bank

Finance
Industry
1001-5000
Employees

Mission & Purpose

With more than $65 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, business clients benefit from a full spectrum of tailored banking solutions and outstanding service delivered by industry experts who put customers first. Influential sources from Forbes to American Banker again rank Western Alliance Bank among the top U.S. banks in 2023. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.