Loan Processing Supervisor

2 weeks ago


Flushing, New York, United States cesna Full time
Job Overview

Position Summary: The Loan Processing Supervisor is tasked with managing the complete loan lifecycle, from the initial application phase to the final closing, ensuring adherence to regulatory guidelines and internal policies. This position requires a bilingual individual (Korean and English) to effectively engage with our varied clientele and lead the loan processing team proficiently.

Key Responsibilities:

1. Loan Application Review:

  • Assess and analyze loan applications submitted by clients.
  • Conduct interviews with applicants to collect essential information for loan processing.

2. Credit Documentation:

  • Create detailed credit documentation for new loan requests, ensuring all financial and personal data is accurately captured.

3. Closing Coordination:

  • Gather and verify required documentation from clients.
  • Collaborate with the Legal Management Department to confirm the validity of legal documents.
  • Oversee and facilitate the loan closing process, ensuring all procedures are executed efficiently and correctly.

4. Collateral Oversight:

  • Maintain updated property insurance details and ensure timely real estate tax payments.
  • Supervise all aspects of collateral management to ensure compliance with lending standards.

5. Loan Management:

  • Keep credit documents and collateral records current and organized.
  • Conduct annual evaluations in accordance with the Lending Policy to ensure ongoing compliance and risk assessment.

6. Site Evaluations:

  • Perform site assessments to verify collateral conditions and borrower information.

7. Credit Documentation for Modifications:

  • Prepare credit documentation for loan renewals, extensions, refinances of maturing loans, and other modifications.

8. Management of Past Due Accounts:

  • Develop and implement strategies to address and follow up on overdue loans and problematic accounts, aiming for resolution and risk mitigation.

9. Compliance Oversight:

  • Establish and manage compliance measures for BSA/AML (Bank Secrecy Act/Anti-Money Laundering).
  • Ensure the proper execution of the Customer Identification Program.
  • Conduct Know Your Customer (KYC) processes and OFAC (Office of Foreign Assets Control) reporting.

Qualifications:

  • Bachelor's degree in Finance, Business Administration, or a related discipline.
  • A minimum of 5 years of experience in loan management or a comparable role.
  • Fluency in Korean and English is essential.
  • Strong knowledge of lending regulations and compliance standards.
  • Exceptional communication and interpersonal abilities.
  • Demonstrated capability to lead and manage a team effectively.
  • Detail-oriented with robust organizational and analytical skills.

About Cesna: At Cesna, we are dedicated to delivering outstanding financial services to our clients, emphasizing integrity, customer satisfaction, and innovation. Join our team and play a vital role in our mission to assist clients in achieving their financial aspirations through responsible lending practices.

Application Process: Interested candidates are encouraged to submit their resume and cover letter outlining their relevant experience and language proficiency. We look forward to welcoming a committed professional to our team.



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