Sr. Loan Administrator IApply Now
- Requisition # 10040619-WD
- Job Type Day
- Location Tempe, ARIZONA
- Date Posted 01/13/2021
Your potential. Your opportunity.
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020).In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
50% Prepare loan documentation to reflect approved loan terms and consistency with bank policy and procedures for new loans and modifications as well as compliance with governing regulatory authorities. Ensure loan documentation complies with banks operational requirements and can be serviced on banks system of record. Obtains and reviews entity documentation to determine authorized signers for legal documentation. Reviews third party property reports for accuracy and relevant data. Coordinate document negotiations between borrower, attorney and account officers as appropriate and obtain approvals as required. Responsible for interfacing with third party vendors, insurance agent, title company, to facilitate the loan closing.
35% Review executed loan documents to ensure integrity of documents and proper execution. Responsible for ensuring that the bank's lien is properly secured, and acceptable insurance is obtained, all conditions have been satisfied and signed off by appropriate authorized levels, and coordinate closing and funding of the loan. Preparation of funding documentation including but not limited to boarding data for data processing system, reconciliation of fees and deposits, and satisfaction of loan compliance issues.
15% Miscellaneous Duties: Ad hoc projects as requested
- Minimum 5+ years of direct and in-depth work experience emphasis on Commercial and Industrial lending documentation (UCC secured collateral, aircraft, fleet, agriculture, standby letters of credit, commercial credit card facilities) in commercial loan processing, documenting and funding loans with general knowledge in all areas of loan processing and/or funding.
- Ability to work in a fast-paced, high-volume environment.
- Ability to work independently and to make informed decisions.
- Strong reasoning and analytical skills. Ability to follow instructions with attention to detail.
- Exceptional verbal, written and interpersonal communication skills.
- Computer literate, with proficiency in MS Office/Word/Excel in the Windows environment. Education, Licensure,
- Previous experience with preparing loan documents through the use of an automated documentation system.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category. The above statements are intended to describe the general nature and level of work being performed; they are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.