Loan Portfolio Services Officer II role supporting end-to-end loan servicing and closing, including documentation, disbursements, covenant/insurance tracking, reporting, and past-due administration. You’ll work onsite in Los Angeles at Bank of Hope, a regulated bank, ensuring compliance with BSA/AML, OFAC and related requirements. Standout perk: hourly pay plus bonus and benefits.
- Bonus plus benefits
- Work in regulated banking environment
- CRA and community affairs involvement
affairs to identify the needs and to enhance bank’s CRA activities. Close loans in accordance with the Department’s procedures. Follow up on all required covenants such as collection of annual tax returns,
financial statements and other information according to Loan Agreement Follow up various insurance requirement attached to loans. Prepare the Weekly/Monthly/Quarterly/Annual loan reports for the Department. Order credit reports (Experian) and preliminary title reports as requested by
loan officer. Prepare and review all loan documents necessary to close and disburse loans. Verify authorized signer & obtain signature of borrower(s)/guarantor(s)
(Credit File & Documents). Credit file maintenance of New, Payoff, Withdrawn & Declined files. Answers correspondence regarding routine loan inquiries. File & monitor timeliness and adequacy of title policies, insurance
declarations, UCC & Mortgage recording, escrow closing statement, etc. Report any discrepancies and exceptions to manager. * Administration of loan disbursement for line of credit and construction loan including, but not limited to review of loan covenant, title update and request of site inspection by 3rd party assessors. * Process data changes as necessary (tickler system, loan control procedure & term and conditions, etc). * Prepare & review various relating loan reports (ITI loan accounting system) as requested. Prepare & review loan files for various audits. Administration of past due loans including, but not limited to prepare a past
due notice for auto loan (10 days’ notice, 15 days’ notice and 30 days’ notice) and to request issuing a demand notice to the bank’s attorney. Review the department’s expense invoice and order the department’s supply. Comply with the Bank’s security program. Seek opportunities to grow relationship with customers
Job Qualifications/Requirements
Minimum Education Level: Bachelor’s Degree Minimum Years of Experience: 3+ years Combination of Experience and Education can meet the job requirements: Yes Required: Excellent written and oral communication skills; ability to
communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone. * Required: Ability to respond effectively to the most sensitive inquiries or customer complaints. * Required: Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, employees, regulators, or board members. * Required: Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.
The salary range for this full-time position is $31.25 hourly - $33.66 hourly + bonus + benefits
Salary ranges are determined based on qualifications, level, and location.
Exact compensation may vary based on your skills and experience.
Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.