Bank of the West Loan Administrator Supervisor, Equipment Finance Division in Tempe, Arizona

Loan Administrator Supervisor, Equipment Finance Division

Description

What

sets Bank of the West apart from other banks is our team members–they embody

the optimistic spirit of the West. There is a spirit here that drives us to do

more. Our team of more than 10,000 employees is vital to the success of our Bank.

They reflect our modern western values—straightforward, entrepreneurial and

optimistic. We seek to create a corporate culture that fosters and rewards

excellence, encourages creative thinking and respects diversity – an

environment where team members are engaged, supportive of one another and

enthusiastic about serving our customers. Bank of the West offers the stability

of a company that has a 135 year history and is part of BNP Paribas, a European

leader in global banking and financial services and one of the 6 strongest

banks in the world. We offer opportunities across our diverse business lines –

Retail Banking, Commercial Banking, National Finance, and Wealth Management.

Job Description Summary

Responsible for supervising the loan

documentation process to conform to credit approval and ensure that all loan

processing functions are completed in a timely, accurate and cost effective

manner in support of CBG Lending Divisions. Manages the daily tasks of the

assigned loan administrators. Makes decisions on escalated matters. Manages the

loan administrators duties to compile and analyze due diligence materials

required for the loan administrator to create the loan documents or coordinate

with legal counsel to prepare the loan documents to ensure the documents

accurately represents the loan terms pursuant to credit approval and BOW's loan

policy and business standards. Communication between the Bank deal team must be

engaged soon after customer interest. The Bank deal team retains a high degree

of customer interaction. This is the supervisory level of this job family.

Essential Job Functions

  • Oversees the assignment andprioritization of the loan portfolio within the assigned unit.

  • Assigns new loan transactionsand supervises the activities of assigned loan administrators in the dailyoperational functions of the Equipment Finance Division.

  • Coordinates loan administrationworkflow, providing assistance and guidance as needed to ensure all loanprocesses are completed and all loans are boarded and funded to Bank ofthe West standards and within the established service levels.

  • Responsible for trainingassigned loan administrators in all matters, basic and advanced, relatedto documenting and servicing all types of equipment finance loans.

  • Assists the Team Leader in performanceevaluations, performance management and staffing requirements.

  • Ensures quality of loandocuments are within all guidelines to generate the profit required toachieve Bank of the West goals and meet internal and external auditrequirements.

  • Will review and approve complexdocumentation, agreements, contracts, etc. that require a higher level ofexpertise than the loan administrator.

  • Ensures loan administrators areinformed of new Bank policies/procedures, service level agreements,regulatory and compliance changes.

  • May support loan administratorsin difficult cases by serving as liaison with all parties involved in theloan (e.g. internal Bank partners, borrower, attorney, and/or TitleCompany) in coordination of processing activities to the transaction.

  • Assists the deal team indrafting special documents required to cover unusual loan terms. May workwith legal counsel in reviewing and negotiating loan documents withborrower.

  • May assist in the preparationand implementation of policies and procedures.

  • Maintains knowledge of currenttrends in industries serviced and market trends.

  • Performs other duties asassigned.

#LM-AM1

OtherJob Duties

Qualifications

RequiredExperience

  • Understands basic managementapproaches such as work scheduling, prioritizing, coaching and processexecution.

  • Typically requires advancedknowledge of job area typically obtained through advanced educationcombined with experience.

  • Requires 7 years minimum priorrelevant experience.

Education

  • High School Diploma or GEDRequired

  • Associates degree or equivalentexperience preferred

Skills

  • Strong communications skills.

  • Project management skills.

  • Expertise in diligencerequirements.

  • Expertise in compliance policy(OFAC, KYC, insurance disclosures, etc.).

  • Deep understanding of borrowertypes, loan types, and collateral types, with implications for loanprocessing.

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity

employer and proud to provide equal employment opportunity to all job seekers

without regard to any status protected by applicable law. Bank of the West is

also an Affirmative Action employer - Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment

qualified applicants with criminal histories pursuant to the San Francisco Fair

Chance Ordinance subject to the requirements of all state and federal laws and

regulations.

Job: Business / Commercial Banking

Location: United States-Arizona-Tempe

Requisition ID: 038323