Note Specialist I

Job Title

Location: Los Angeles, CA

Job Responsibilities

Loan Payment Process:

• Response to calls and emails regarding to loan payments related issues by checks, mails, incoming wires, etc., including incoming/outgoing participation loan payments, sub-notes of C&I, CRE, CRA, Construction loans and WHLOC (Ware House Line of Credit).

Loan Advance Process:

• Process advances of WHLOC, & Construction loans etc. through crediting to account, issuing checks
• Prepare outgoing wire, etc.

Loan System Maintenance:

• Monitor incoming wire.
• Monitor all email request.

Daily & Monthly Report generation:

• Check and print daily Non-post transaction, rate change report, posted transaction on placed notes, & paid note statement.
• Monitor daily loan GL reconciliation.

Loan File Maintenance:

• Scan documentation files including recorded documents and title policy.
• Maintain physical/digital documentation files to comply with bank procedures and policies; and keep original Promissory note in Vault.
• Maintain FRB pledged loans files and FHLB pledged loans in Vault.
• Support Audit requests related to Note function.

Others:

1. Organize and prepare file for audit by internal and external examiners
2. Prepare rate change notice
3. Organize and scan all payment transactions
4. Order monthly supply

Qualifications

College degree in Business or Accounting, or equivalent.

At least 1 year note experience

Skills and Abilities

Basic accounting concepts and skills required. Proficiency in Microsoft Office products. Ability to establish priorities and meet deadlines is essential. Excellent interpersonal skills. Ability to function in a high-volume environment and within time constraints. Organized and detail-oriented with ability to function in a team and fast-paced environment. Demonstrate strong service and support oriented skills and attitude.

Salary

$ 52,000/yr $ 55,120/yr

Royal Business Bank