MUFG Union Bank Senior Loan Administrator- Remote in Irvine, California
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. Across the globe, we’re 180,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.
Provide loan administration services for complex permanent commercial real estate loans, construction loans, and/or commercial business loans depending on department.
Thorough understanding of commercial real estate and/or business loans, all applicable Federal regulations and requirements and commercial lending guidelines.
Obtains and reviews entity documentation to determine authorized signers for legal documentation. Reviews third party property reports for accuracy and relevant data. 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. Coordinate document negotiations between borrower, attorney and account officers as appropriate and obtain approvals as required. Responsible for interfacing with escrow, Title Company, loan officer, mortgage broker, and/or customer to relay loan approval and facilitate the loan closing.
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 title and hazard 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.
Miscellaneous Duties: Ad hoc projects as requested
Minimum 5+ years of direct and in-depth work experience in commercial loan processing, documenting and funding loans with general knowledge in all areas of Loan Processing and/or Funding.
In-depth knowledge of commercial real estate and/or commercial documentation.
Previous experience with preparing loan documents through the use of an automated documentation system.
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.
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 on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.