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We are looking for a detail-oriented Loan Administrator to join our asset-based lending team in Calabasas, California. In this role, you will play a vital part in overseeing loan operations, processing borrower collateral, and maintaining compliance with company policies. This position provides an excellent opportunity for individuals seeking to build a career in commercial banking and lending. Training provided and opportunities for growth.
Job Responsibility:
Manage the setup, onboarding, and maintenance of loan documentation and client records
Verify and input accounts receivable data provided by borrowers to facilitate loan funding decisions
Prepare, reconcile, and review collateral reports on a daily, weekly, and monthly basis to ensure accuracy and compliance
Monitor loan accounts for payment schedules, collateral trends, and balances, escalating exceptions to appropriate team members
Communicate directly with borrowers to collect required documentation, discuss payment statuses, and address collateral inquiries
Respond promptly to internal and external requests for loan and collateral information
Process payments, advances, and adjustments within the organization’s lending system
Assist in audits and due diligence activities related to accounts receivable and loan documentation
Stay informed about asset-based lending practices and regulatory requirements to ensure efficient loan administration
Requirements:
Associate’s or Bachelor’s degree in Finance, Accounting, Business Administration, or a related field is preferred
Familiarity with accounts receivable processes
Proficiency in Microsoft Excel and financial systems is required
Strong organizational skills with excellent attention to detail are essential
Effective communication abilities to manage borrower interactions and coordinate with internal teams
Capacity to handle multiple tasks and meet deadlines in a fast-paced environment
Desire to learn and grow within the asset-based lending and commercial banking field
Ability to maintain accuracy and compliance with company policies and regulations