City National Bank Loan Processor III - Commercial Loan Servicing in El Segundo, California

This position will be based out of Los Angeles, CA or Raleigh, NC

The Loan Processor/Commerical Loan Servicer is responsible for reviewing, boarding and funding loans and renewals from loan agreements. Responsibilities include reviewing all requests for boarding and funding, processing advances, payments and payoffs on various loan products, setting up and maintaining Guarantor records on the loan system, and calculating and adjusting interest and fee accruals. The role also services and posts payments on syndicated and part bought loans.

Balances work and prepares appropriate general ledger entries to various cost centers as required.

This is generally a senior level position that focuses on boarding and processing complex and/or highly specialized new and renewed loan and credit products (e.g., consumer, commercial, mortgage, small business administration, asset based lending, etc.). Works with loans requiring multiple pricing options, seasonal limits, tiered commitments, prepayment penalties and breakage costs. This person generally has a minimum of 5 years loan processing experience in a financial institution.

Basic Qualifications:

  • *High School Diploma or GED required.

  • *Minimum of 5 years loan processing experience in a financial institution required.

  • *Minimum 2 years of basic computer experience(e.g. Microsoft Word, Excel, Outlook) required.

Skills and Knowledge:

  • High School Diploma or GED.

  • Ability to interact effectively with all levels of Bank personnel.

  • Must be able to multi-task and handle a heavy volume of transactions.

  • Basic computer knowledge and general office equipment knowledge required.

  • Knowledge of M&I Loan System and AFS preferred.

*Represents basic qualifications for the position. To be considered for this position you must at least meet the basic qualifications.

City National Bank is an Equal Opportunity/Affirmative Action Employer, Minorities/Females/Individuals with Disabilities/Veterans

Note : This preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Note : Candidates should be advised that City National Bank does not pay interviewee travel expenses or relocation expenses for candidates who are hired unless previously agreed.


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