Loan Coordinator

MidFirst Bank

Posted 3 months ago

Full Time

Costa Mesa, California

In Person

Smart Summary

Responsibilities

Manage a large portfolio of loans by coordinating the process from start to finish for multiple clients and sales representatives. Responsibilities include underwriting loan proposals, performing financial analysis, and maintaining client relationships.

Qualifications

You have an undergraduate degree, preferably in a finance-related field, and are proficient with PC software including Word, Excel, and Access. You demonstrate excellent interpersonal, problem-solving, project management, and communication skills to effectively manage the loan process from start to finish.

Must Have Skills for ATS

Excel

Access

Word

Underwriting

Financial analysis

Credit risk

Job Description

Come and work for a California Best Employer! As a family owned bank, MidFIrst has established many client relationships that have spanned decades and generations. We are committed to continuously providing an exceptional culture creating an energizing and supportive employee experience while delivering extraordinary client service. 

The successful candidate will learn to manage a large portfolio of loans and apply general underwriting responsibilities, portfolio maintenance, client relationship development, and business development. This position is considered an entry into Private Banking and is responsible for processing a loan, start to finish, by managing and organizing the loan process for multiple clients/sales representatives at a time.

Responsibilities include, but are not limited to:

  • Direct interaction with the sales team as well as internally referred clients throughout the Private Banking loan process.
  • Interfaces with other Bank units as necessary to complete the loan process. Defines responsibilities and coordinates objectives related to Private Bank lending for all products in a relationship or transaction. Resolves all client needs and internal issues.
  • Coordinate, compile, process, and review real estate loan transactions.
  • Ensure loan documents are complete and accurate and are in keeping with the terms and conditions approved by the appropriate authority.
  • Assist with underwriting of loan proposals and financial analysis of transactions and borrowers. Develops loan write-ups with a focus on identifying and mitigating credit risks in compliance with Bank's policies.
  • Maintains an awareness of competitive products, practices, rates and changes in the market area.

Position Requirements:

  • Undergraduate degree required, Undergraduate Finance related degree preferred;
  • Demonstrates excellent interpersonal skills; 
  • PC fluent (Word, Excel, Access, etc.);
  • Excellent problem solving skills.
  • Good project management skills. Ability to manage multiple projects/tasks at once.
  • Exhibit good listening and verbal communication skills to effectively interact with customers and Bank employees in person, over the phone and via email.

Benefits: 

We offer a generous comprehensive benefits package including medical, dental, and vision coverage; paid holidays, vacation, and sick leave; and 401(K) plan. Hours of paid leave may vary based on position. 

Salary Range: $30.00 - 35.00 per hour. This position is eligible for a discretionary annual bonus. Exact compensation may vary based on skills, experience, and location. 

MidFirst Bank

1st Century Bank operates out of the Los Angeles area as a division of MidFirst Bank, the largest privately owned bank in the U.S. We offer personal and commercial banking, treasury management, and mortgage banking products and services. 1st Century Bank’s culture is built on the extraordinary personalized service, experienced guidance, and commitment to the communities we serve. 1st Century Bank delivers unparalleled client service. Nothing overlooked. Everything considered. Copyright © 2021 1st Century Bank, a division of MidFirst Bank. All rights reserved. Member FDIC. Equal Housing Lender.
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