Senior Commercial Loan Administrator

2 days ago


Phoenix, Arizona, United States Western Alliance Bank Full time
Job Title:
Senior Commercial Loan Administrator

Job Summary:
We are seeking a highly skilled Senior Commercial Loan Administrator to join our team at Western Alliance Bank. As a key member of our loan operations team, you will be responsible for managing loan closing activities, collaborating with internal and external stakeholders, and ensuring timely and accurate closings.

Key Responsibilities:
  • Process UCC Search requests and review lien positions.
  • Order flood certifications for Real Estate secured transactions.
  • Assist in ordering appraisal reports and Phase I reviews/reports if necessary.
  • Process credit reports if necessary.
  • Process credit card transactions for approved transactions.
  • Review and understand loan terms and conditions of loan approvals.
  • Analyze transaction types and determine necessary due diligence items and legal documents required to ensure accurate closings and compliance with bank and regulatory requirements and procedures.
  • Initiate customer contact and coordinate receipt and review of outstanding due diligence items.
  • Direct internal Loan Support Group or outside counsel to prepare necessary loan documents.
  • Identify any obstacles to closing and present viable alternatives and solutions.
  • Facilitate loan closing and reconcile all fees and expenses at closing.
  • Actively work on obtaining post-closing conditions to avoid delinquencies.
  • Independently and effectively manage their individual pipeline of loans assigned to them to ensure timely and accurate closings.
  • Collaborate with Team Lead to assist where necessary.
  • Work with necessary Loan Servicing teams to assist with customer inquiries.

Requirements:
  • High school diploma and two + years of related experience in Commercial Loan Closing.
  • Knowledge of lending regulations, including but not limited to Flood, KYC and AML risks, closing procedures, Title policies/endorsements, and insurance coverage types.
  • 3+ years of experience in commercial lending administration.
  • Ability to work independently and confidently close all loans assigned with some oversight.
  • Preferred not required - working knowledge of iLien / Lien Solutions, FCM, FIS- IBS/ACBS core system. Basic knowledge of loan documentation, complex business ownership hierarchies and entity types and collateral perfection.
  • Strong analytical skills.
  • Ability to effectively handle stressful situations and perform several tasks simultaneously with accuracy.
  • Strong aptitude for detail, time management and organizational skills.
  • Excellent communication and relationship building skills.
  • Proficient computer skills.

Benefits:
We offer a competitive salary, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. You will also have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career.

About Us:
Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company. We are committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. We are committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email or call When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

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