1st Century Bank, a division of MidFirst Bank, is a full service community bank catering to small to medium size businesses and professionals in Southern California. The Bank’s core principles are flexibility, responsiveness, and the ability to create tailored solutions, coupled with its commitment to provide exception customer service. We tailor financial strategies to meet the unique needs and business demands of our clients. Our clients are real people, with real dreams, and their success is our greatest achievement. For more information, please visit our website at www.1cbank.com.
The Loan Documentation Specialist will be accountable and responsible for preparing loan documentation for commercial loans in accordance with the loan approval. Ensure that the documents requested comply with Company policy. Ensure the timely disposition and control of legal documentation, collateral and documentation records.
• Prepare loan documentation for new commercial loans, renewals, and modifications ensuring compliance and safe and sound practices for various loan types including Commercial Real Estate, Line of Credits, Term Loans, Construction Loans, and SBA Loans.
• Support loan documentation and closing function while maintaining, expanding and building relationships, resulting in a high degree of customer satisfaction.
• Review loan document requests for completeness and accuracy to prevent costly revisions and negative customer impact.
• Coordinate final preparation of loan documents and closing procedures with applicable parties.
• Performs credit and public record information searches.
Job Requirements:
Position Requirements:
• 5-7 years of documentation experience in a similar financial environment;
• High school diploma or equivalent required with Bachelor’s degree preferred;
• Excellent written and oral communication skills;
• Work related experience should consist of loan servicing Commercial (including revolving/non-revolving lines of credit, term loans, construction loans, documentary/standby letters of credit, SBA/government guaranteed loans), consumer and real estate loan documentation preparation;
• Experience with LaserPro Documentation preparation software is a plus.