Loan Coordinator

1 week ago


Costa Mesa, United States 1st Century Bank Full time $28 - $31
1st Century Bank, a division of MidFirst Bank, is a full service bank with a vision of unparalleled client service in Los Angeles. The Bank's core principles are flexibility, responsiveness, and the ability to create tailored solutions, coupled with its commitment to provide exceptional client service. Our bankers work in a team effort to develop a deep understanding of their clients, and work with and on their behalf to develop solutions tailored to meet their needs. Nothing is overlooked. Everything is considered.

All candidates should make sure to read the following job description and information carefully before applying.

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.

Salary Range: $28.00 - 31.00 per hour

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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