Loan Processor

3 days ago


Los Angeles, California, United States Banc of California Full time
Job Summary

Banc of California is seeking a skilled Loan Processor to join our team in Warehouse Lending. As a key member of our team, you will be responsible for ensuring the accuracy and compliance of loan documents, validating information, and providing final validation and approval on loan documents.

Responsibilities:
  • Review and verify loan data, funding documents, and wire instructions to ensure accuracy and compliance.
  • Validate pricing of loans and disbursement amounts, making necessary corrections as needed.
  • Assist with collateral shipping, conversion, and monitoring of wet collateral reports and custodian aggregate reports.
  • Collaborate with clients and internal teams to resolve issues and ensure timely loan processing.
  • Maintain accurate records and files, adhering to company policies and procedures.
Requirements:
  • Intermediate knowledge of banking regulations, including Regulation Z, Regulation B, and RESPA.
  • Effective organizational and time management skills, with ability to prioritize tasks and meet deadlines.
  • Intermediate skills in Microsoft Office applications, including Word, Excel, and Outlook.
  • Ability to work independently with minimal supervision, while also being a team player.
  • High school diploma or equivalent, with a minimum of 4 years of related work experience.

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