At Bank of the West, our people are having a positive impact on the world.
We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy.
From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities.
We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs).
Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.Job Description SummaryResponsible for supporting the commercial loan processes by preparing the due diligence materials required to conform with credit approval and supporting the loan processing functions in a timely, accurate and cost effective manner in support of CBG Lending Divisions.
Assists in the compiling and basic analysis of due diligence materials required of each loan documentation process.
This is the entry level for this job family.Essential Job Functions Assists the deal team in the preparation of commercial loan documentation including notes, deeds of trust, security agreements, construction loan agreements, statistical input, tickler files and any other documents required for loans.
Assists in the ordering of due diligence materials and third party reports as part of the loan package.
Assists in the processing of commercial loan documentation packages once the internal/external processing path has been determined by either management or Senior Loan Administrators.
Works with management or Senior Loan Administrators to ensure that any deficiencies are handled in a timely manner.
Once the final loan package is confirmed assists in the preparation of the file imaging.
Serves as primary support for payments, draws, advances as part of the servicing function.
Assists in the ongoing tracking and monitoring of covenants, insurance, et.
al.
to management.
Assists in the preparation of reconveyences, collateral releases, and archiving.Other Job Duties Assists in the ongoing tracking and monitoring of collateral perfection, compliance matters, loan renewals, extensions and modifications.
Maintain loan files and imaging.
Ensure complete and accurate imaged files are maintained for presentation in internal and external audits.
May perform loan processing support for loans transferred to REMAD, SAD and AGMAD.
Logs all activity related to the loan administrator function for loan process tracking.
Performs other duties as assigned.QualificationsRequired Experience Requires basic job knowledge of systems and procedures obtained through prior work experience or education.
Requires 3 years minimum experience.
May require vocational or technical education in addition to prior work experience.Skills Good communications skills Some project management skills Exposure in diligence requirements Exposure in compliance policy (OFAC, KYC, insurance disclosures, etc.) Some understanding of borrower types, loan types, and collateral types, with implications for loan processing.To protect the health and safety of our employees and customers, Bank of the West may require all U.S.
employees to provide proof of their vaccination status, and employees who are not fully vaccinated may be required to undergo regular testing.Annual Hiring Range/Hourly Rate:$41,000-$55,000The base salary opportunity can vary based on candidate’s geographic location, experience, knowledge, skills, and abilities.Equal Employment Opportunity PolicyBank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law.
Bank of the West is also an Affirmative Action employer
– Minority / Female / Disabled / Veteran.Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.