MUFG Union Bank Loan Operations Rep III in Monterey Park, California

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Job Summary:

Perform complex loan functions related to the processing of Commercial Lending, Syndications, Real Estate Construction and Asset Based Financing. Major Responsibilities: Perform loan accounting functions using multiple loan systems i.e. Real Estate Construction (RCL), Asset Based Lending (ABL) and the Automated Financial System (AFS). Interpret requests for boarding new and renewed loans and determine the structural hierarchy. Ensure modifications to codes are processed accurately to maintain optimum data integrity. Communicate with the Bank's liaisons and lenders regarding the borrowers loan status. Adhere to processing deadlines established to ensure compliance with the department's service level commitment. Perform multiple tasks to service a diverse group of borrowers. Tasks includes but are not limited to servicing non accrual loans, syndicated credits, risk participations, government secured loans, partially international related facilities and other products offered by the Bank. Ensure tasks performed meet all regulatory requirements issued for Sarbanes-Oxley, FDICIA, Auditing and Bank policy. Provide guidance and assistance to the lending offices to resolve discrepancies. Settle accrual discrepancies between the Banks records and the syndicated agent. Perform multiple tasks to prepare and disseminate demand payoffs. Participate in discussions regarding the servicing and boarding of creative loan structures with lenders and Loan System Support Administration. Propose ways to service new products and facilities to ensure accurate reporting. Perform steps to certify the Bank's general ledger to the loan accounting system. Analyze and monitor exception reports to avoid unnecessary bank exposure. Train less experienced staff on new products and procedures. Continuously exercise sound judgment to protect the bank.

Additional Information:

Typically requires a high school diploma or G.E.D and 5 to 6 years of experience in technical experience. Strong PC skills required especially Microsoft office and Excel. Excellent mathematical ability as needed to perform multi-step calculations.

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 committed to leveraging the diverse backgrounds, perspectives and experiences of our workforce to create opportunities for our people and our business. Equal Opportunity Employer Minority/Female/Disability/Veterans.

Job: *Operations

Title: Loan Operations Rep III

Location: CALIFORNIA-Monterey Park

Requisition ID: 10010716-WD