Loan Operations Admin II - Collateral Perfection

About the role

As a Loan Operations Administrator II, you will be responsible for the creation of required ticklers for Commercial Loans, receipt of original loan documentation, and UCC/Title Perfection. This includes filing/searches for UCCs and Title to ensure lien placement. This role also focuses on cash collateral and life insurance policies assigned as collateral, ensuring all collateral holds, assignments, and coverage requirements remain in place, enforceable, and sufficient relative to outstanding exposure throughout the life of the loan.

Responsible for the ongoing monitoring and administration of collateral to ensure risk is appropriately mitigated in accordance with bank standards and credit policy. The position ensures that all required collateral is included in the loan file and verified for quality, completeness, and accuracy. Responding promptly and professionally to assigned post-funding tasks and/or requests. Participates in and oversees special projects as assigned by management.

• Positive and motivated individuals that can manage through an ever-changing environment
• Collaborative mindset
• Takes pride in work performance to meet or exceed expectations
• High level of organization
• Can communicate at all levels

Responsibilities

• Creation of required ticklers for Commercial Loans
• Receipt of original loan documentation
• UCC/Title Perfection, including filing/searches for UCCs and Title to ensure lien placement
• Monitoring and administration of cash collateral and life insurance policies assigned as collateral
• Ensuring collateral holds, assignments, and coverage requirements remain in place, enforceable, and sufficient relative to outstanding exposure
• Ongoing monitoring and administration of collateral to mitigate risk in accordance with bank standards and credit policy
• Verification of collateral quality, completeness, and accuracy in loan files
• Prompt and professional response to assigned post-funding tasks and requests
• Participation in and oversight of special projects as assigned by management

Requirements

• 3+ years of related experience in Loan Administration, Lending and/or Deposit Sales, or similar field
• High school diploma required
• Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management, and/or other commercial banking products and services
• Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards, and practices
• Knowledge of one or more loan types
• Proficient in multi-tasking in a team-oriented environment with a focus on the highest standards of client service
• Intermediate speaking and writing communication skills

Benefits

• Competitive salaries
• Ownership stake in the company
• Medical and dental insurance
• Paid time off
• 401k matching program
• Tuition assistance program
• Employee volunteer program
• Wellness program

In addition, you’ll 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 The Company

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.