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We are looking for a detail-oriented Commercial Loans Specialist to join our team on a contract basis in Los Angeles, California. In this role, you will manage various aspects of commercial loan servicing and portfolio monitoring, ensuring compliance with financial regulations and organizational standards. You will also collaborate closely with relationship managers and portfolio managers to support the loan process from origination to ongoing maintenance. This position offers an opportunity to contribute to a dynamic financial services environment. This role is 3 days onsite and 2 days remote each week.
Job Responsibility
Organize, sort, and upload loan files for imaging and maintain both physical and electronic records to ensure audit readiness
Create and update borrower and guarantor profiles, including reporting and financial covenants, in the loan monitoring system
Provide support to relationship managers and portfolio managers by addressing inquiries related to loan monitoring processes and system functionality
Generate and maintain portfolio management and monitoring reports in the loan tracking system
Oversee insurance documentation for new and existing loans, ensuring policies remain current and compliant
Review executed loan and credit documents to verify proper signatures, dates, and initialing
Assist with loan closings, including coordinating necessary documentation and approvals
Support operations and compliance teams with loan booking, funding, and audit processes
Monitor regulatory filings and ensure all relevant documentation remains up-to-date and accurate
Requirements
At least 2 years of experience in loan servicing and portfolio monitoring within the financial services industry
Proficiency in using computer applications such as Word, Excel, and Outlook
Strong analytical abilities with a keen eye for detail to ensure accuracy and compliance
Exceptional verbal and written communication skills to effectively collaborate with team members and stakeholders
All applicants applying for U.S. job openings must be legally authorized to work in the United States
Nice to have
Extensive knowledge of commercial loan documentation and loan closing processes is highly preferred
Familiarity with financial systems such as Moody’s or similar tools is an advantage (Moody's CreditLens preferred)
Experience with accounting functions, financial reporting, and regulatory compliance is desirable
What we offer
Medical, vision, dental, and life and disability insurance