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Sr. Loan Administrator Resume Example

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SR. LOAN ADMINISTRATOR
Summary

Loan Operations Manager with management experience and exceptional people skills. Versed in Loan Documentation and Loan Servicing. Desires a challenging role as a Manager in Loan Administration or Loan Servicing.

Highlights
  • Results-oriented
  • Operations management
  • Excel in [areas of expertise]
  • Quick learner
  • Computer proficient
  • Proficiency in Loan OperationsTraining and development
Accomplishments

Documentation

  • Wrote and edited documents to keep staff informed on policies and procedures.

Process Improvement

  • Created new departmental procedures manual.
  • Assessed organizational training needs.

Experience
READYCAP COMMERCIAL, LLCIrvine, CASr. Loan Administrator05/2013 to Current
  • Review loan packages for accuracy, completeness and determine loan structure, including borrower(s) and guarantor(s).
  • Determine all items needed to underwrite loan and supporting documentation needed to close the loan transaction.
  • Create loan file, applicable checklists, and Items Needed List (INL) to distribute to borrower, Loan Officer, and other appropriate third parties within 48 hours of new file assignment.
  • Review supporting documents provided by borrower and third parties to determine if they meet Lender's requirements in accordance with Lender's Credit and Guidelines.
  • Review title reports to ensure proper title endorsements are ordered and clear of liens.
  • Prepare Lender's Instruction Letter to closing agent, and prepare loan file for document preparation, complete all necessary tasks prior to transferring file to Funding Team.
  • Provide back-up support to the Funding Team with loan document preparation using LaserPro, loan closing and funding functions.
OPUS BANKIrvine, CAAsst. Vice President / Loan Administration Supervisor01/2011 to 05/2013
  • Supervised staff of 7 Loan Administrators and 2 Loan Assistants with processing, documentation, closing, and servicing functions of commercial real estate, construction, lines of credit SBA caplines, and SBA 7A/504 loans.
  • Drafted loan provisions in accordance with the terms of the loan approval.
  • Prepared loan documents for complex and trouble debt restructured loans.
  • Review loan approvals for compliance and documentation requirements.
  • Review loan documents prior to execution and prior to boarding of loans.
  • Review title reports to ensure proper title endorsements are ordered and clear of liens.
  • Manage risk, internal controls and compliance with bank and regulatory policies.
  • Developed processing and documentation procedures, checklist, forms, and other loan documents for the Loan Administration Dept.
  • System Administrator, loan product creator for both Business Banking & Income Property Group and advance level experience in LaserPro loan documentation system.
  • Provide back-up support to the Income Property Team Manager with processing, loan documentation, closing of multi-family and commercial real estate loans.
INTERNATIONAL CITY BANKLong Beach, CAAsst. Vice President / Loan Operations Manager01/2010 to 01/2011
  • Supervised staff of 4 Loan Processors/Note Dept.
  • Clerks with loan closing and servicing functions of all the commercial unsecured, commercial real estate, SBA and consumer loan portfolio including loan participations, loan documentation using LaserPro, loan booking and loan servicing on bank system.
  • Review loan approvals for compliance and documentation requirements.
  • Review loan documents prior to execution and prior to boarding of loans.
  • Review title reports to ensure proper title endorsements are ordered and clear of liens.
  • Managed risk, internal controls and compliance with bank and regulatory policies.
  • Test and implement changes & updates to the loan origination/processing system.
  • Responsible for training all Loan Dept.
  • staff in using the new loan origination/processing system.
  • Assisted in updating loan processing and documentation procedures, checklist and other loan documents.
  • Prepared monthly loan concentration, real estate stress test, and ALLL reports for the Board of Directors meeting.
  • Prepared submit monthly FHLB & FRB pledged loan reports.
SAIGON NATIONAL BANKWestminster, CAAsst. Vice President / Loan Operations Manager08/2008 to 01/2010
  • Supervised staff of 2 Loan Processors.
  • Managed loan closing and servicing functions of all thecommercial secured/unsecured, commercial real estate, and consumer loan portfolio including loan participations, loan documentation using LaserPro, loan booking &d loan maintenance on bank system.
  • Reviewed loan approvals for compliance and documentation requirements.
  • Reviewed title reports to ensure proper title endorsements are ordered and clear of liens.
  • Coordinated loan closing with escrow/title company.
  • Managed risk, internal controls and compliance with bank and regulatory policies.
  • Coordinated filing of Notice of Default, work with Account Officers and legal counsel with regards to loan modifications and servicing loans in default.
  • Balanced daily loan GL accounts.
  • Prepared portfolio, delinquencies, tickler and other misc.
  • reports.
  • Created & prepared loan concentration and ALLL reports for the Board of Directors meeting.
  • Assisted Account Officers with collecting required tax returns, financial statements, and other loan covenant requirements.
LEHMAN BROTHERS SBFLake Forest, CAAsst. Vice President / Closing Manager07/2005 to 03/2008
  • Managed the East Coast Loan Administration Team with loan closing of commercial real estate, multi-family, hospitality, and SBA 504/7A programs.
  • Responsible to recruit, hire, mentor and coach team members.
  • Performed semi-annual employee performance reviews.
  • Established closing assignments and monitor closing process of loans; managed loan set up, reviewed loan documents & loan files for accuracy and completeness ensuring loans are documented in conformity with policies and procedures.
  • Mentored team members with complex documentation and closing issues that arose during the loan process or closing.
  • Trained newly hired Loan Administrators and Coordinators.
  • Functioned as a back-up for team Loan Administrators and other team Closing Managers.
  • Acted as a liaison between Loan Administration, Loan Services and internal counsel to insure accuracy in loan accounting system and loan document requirements.
  • Maintained team member's productivity and commitment to quality of work by encouraging and facilitating involvement in the loan process.
  • Proactively identified and solved issue related to loans thereby reducing company's risk.
  • Participated in writing loan processing and documentation procedures ensuring consistency in processes.
KEYBANK, N.AIrvine, CAAsst. Vice President / Senior Closing Officer04/2004 to 05/2005
  • Timely closed residential land, A&D, guidance facilities, construction revolvers and borrowing base loans in the amounts ranging up to and excess of $100MM and included a large volume of participated and syndicated transactions.
  • Prepared loan documents and drafted loan provisions in accordance with the terms of the loan approval.
  • Reviewed entity formation documents to ensure appropriate documents are received.
  • Reviewed title reports and related documentation to identify and resolve title issues in a timely manner.
  • Coordinated loan closing with escrow, attorneys and/or Title Company.
  • Functioned as back-up for the Closing Manager.
  • Reviewed third party reports including appraisals, environmental reports, costing reports, construction contracts, & architectural agreements.
  • Ensured that all pre-closing issues are satisfied and closings occurred in a timely manner.
  • Received Special Revenue Recognition Award for outstanding achievements in closing the highest loan volume and loan amounts in a nationwide competition.
  • Developed a training program to improve loan process and documentation resulting in a reduction of errors in quality control audits.
  • Selected to train new Closing Officers on loan documentation.
BANK OF AMERICA, N.AIrvine, CAAsst. Vice President / Senior Relationship Administrator02/2003 to 04/2004
  • Closed and serviced residential A&D and construction loans, including construction revolvers and borrowing base facilities in loan amounts up to $100MM.
  • Monitored project status through processing draw requests and review of periodic inspections and title date downs.
  • Reviewed loan documents prepared by legal counsel to ensure that provision accurately reflect the terms of the loan approval.
  • Responsibilities included title review, formation document review, due diligence reports, insurance, review of leases and rent rolls, tickler monitoring, demands and payoffs.
  • Coordinated loan closing with escrow, attorneys and/or Title Company.
  • Trained new Relationship Administrators, served as back up for Relationship Manager.
  • Received Excellence Recognition Award for providing excellent customer service, as voted by the Homebuilder clients.
UNION BANK OF CALIFORNIA, Commercial RE GroupIrvine, CASr. Loan Administrator III08/1996 to 02/2003
  • Analyzed loan requirements, reviewed loan files for completeness.
  • Prepared loan documents for Commercial, Construction, Construction Revolver, Construction Bond Financing, Bridge/Term and Letters of Credit loans with loan amounts varied up to exceeded $100MM.
  • Monitored and processed draw request for construction loan disbursements using the bank software system.
  • Coordinated loan closing with escrow, attorneys and/or Title Company.
  • Responsibilities included review of title, formation documentation, tenant leases and other due diligence reports.
  • Increased production capacity by maintaining a loan portfolio of approximately 30 loans per month.
  • Recognized as one of the top performers in loan closing.
  • Maintained low error ratio of 3% or less in quality control audits, substantially reducing loan risk.
SUNWEST BANKTustin, CASupervisor / Documentation Review Officer09/1992 to 08/1996
  • Supervised staff of 5.
  • Processed loan payments and loan maintenance.
  • Reviewed loan approvals and prepared loan documents using LaserPro for Commercial and Consumer loans in accordance with loan approval.
  • Approved loan boarding and daily work.
  • Balanced loan GL accounts.
  • Assisted Loan Officers with monitoring distressed loans, sending notice of defaults.
  • Increased team effectiveness by demonstrating and creating a collaborative environment, and encouraging team effort, increasing productivity and communication.
  • Maintained a low error ratio in loan documentation by providing continuous training to Note Department staff in using LaserPro application.
  • Performed semi-annual employee performance reviews.
AMERICAN INT'L BANKArtesia, CAAssistant Loan Officer09/1987 to 09/1992
  • Prepared and processed commercial loan documents using LaserPro for commercial and consumer loans in accordance with loan approval.
  • Boarded loans on bank system.
  • Assisted Loan Officers in preparing credit recommendation write-up and loan analysis.
  • Contributed to increasing bank deposits by promoting bank products to local businesses and community clients.
  • Attended community functions to promote marketing of bank products.
Education
Cerritos High School Accounting courses - Irvine Valley College. Bankers Compliance Group courses
Work History
Note Department
Skills
Proficient in Microsoft Excel, Word, Sharepoint, and various computer applications such as LaserPro, iCore, AFS, ITI Navigator, Metavante, Loan Calc, ACBS, RCL, FIS Bankway
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Resume Overview

Companies Worked For:

  • READYCAP COMMERCIAL, LLC
  • OPUS BANK
  • INTERNATIONAL CITY BANK
  • SAIGON NATIONAL BANK
  • LEHMAN BROTHERS SBF
  • KEYBANK, N.A
  • BANK OF AMERICA, N.A
  • UNION BANK OF CALIFORNIA, Commercial RE Group
  • SUNWEST BANK
  • AMERICAN INT'L BANK
  • Note Department

Job Titles Held:

  • Sr. Loan Administrator
  • Asst. Vice President / Loan Administration Supervisor
  • Asst. Vice President / Loan Operations Manager
  • Asst. Vice President / Closing Manager
  • Asst. Vice President / Senior Closing Officer
  • Asst. Vice President / Senior Relationship Administrator
  • Sr. Loan Administrator III
  • Supervisor / Documentation Review Officer
  • Assistant Loan Officer

Degrees

  • Cerritos High School Accounting courses - Irvine Valley College. Bankers Compliance Group courses

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