VP, Loan Documentation and Compliance Manager
POSITION OVERVIEW:
The Loan Documentation Manager will be responsible for Directing the preparation of loan documents, documentation review, and funding of all commercial lines of credit and term loans, commercial real estate loans, SBA, and other government-guaranteed loans.
RESPONSIBILITIES:
• Prepare loan documents for all commercial loans within expected timelines, ensuring that all documents are in Compliance with applicable regulations and procedures
• Manage all documentation and pre-closing workflow for all commercial loans, from approval through funding
• Review signed document packages and approved funding for all loans
• Work with title companies, outside legal counsel, and other vendors to ensure all loans are documented and funded within expected timeframes.
• Verify that all conditions are met and approved as outlined in the Approved Loan Presentation (LP) prior to releasing documents.
• Review and approve process flows to enhance documentation and funding
• Ensure Laser Pro updates are maintained and in Compliance at all times
• Review all entity documentation for Compliance with signing requirements and BSA/AML compliance requirements
• Ensure that all documentation software systems used by the Bank are updated and in Compliance.
• Review all loan documentation drafted by other staff members and approved for release
• Verify that Insurance requirements are met prior to funding
• Review post-closing items such as recorded documents and Title Policies
• Assist with questions regarding payoff and collateral release
• Serve as the key resource for all documentation and legal issues and questions that may otherwise require outside legal counsel.
- Manage the preparation and filing of Reg CC HMDA reports.
- Serve on the Bank’s CRA Committee and assist with the preparation and management of CRA reports.
- Other duties and assignments as required from time to time
REQUIREMENTS:
• Proficient in Microsoft Excel, word, and Laser-Pro.
• Accuracy and attention to detail.
• Excellent oral and written communication skills.
• Capable of being assigned specific projects and monitoring projects for completion within expected time frames.
• High degree of flexibility to react to an environment of growth and change.
• Bachelor’s degree in business, finance (or other related field) or five or more years of banking experience in
• Comply with all requirements, policies, and procedures of the Bank Secrecy Act (BSA) and attend all mandatory BSA training as needed for this position. Additionally, required to complete all required Compliance and regulatory training.
THIS MODERN COMMUNITY BANK
Established in 2005, the Bank serves the banking needs of Bay Area businesses and nonprofits as well as individuals and families who value personalized service complemented by the convenience of technology. We serve clients throughout the Bay Area and beyond from our location in downtown San Francisco. Some key differentiators include:
Technology-Driven Community Banking – we embrace the best elements of traditional community banking, e.g., personalized service, local decision-making, and clients’ access to senior management. At the same time, we have strategically used powerful technologies to create client convenience (through mobile banking, remote deposit, treasury management, online banking, and access to a worldwide ATM network) and enhance workforce mobility and efficiency.
Innovations in Banking – we have demonstrated the willingness, capacity, and resources to develop new products and programs tailored to market conditions. Strong Bay Area Loan Portfolio – The Bank has a proven track record of maintaining a healthy loan portfolio, even during the most challenging economic times. Our non-performing assets/total assets ratio has consistently been well below 1%.
Focused Areas of Specialization: The Bank has developed specializations in healthcare practices, technology firms, political campaign service providers, law firms and fiduciaries, and nonprofits. With our deep understanding and tailored services, we are establishing a solid reputation as a “go to” Bank that serves Bay Area companies and nonprofits. Genuinely Local – We are a Bay Area success story, investing in the community for the long haul.
Most of our owners live in the Bay Area communities we serve, and approximately 20% of our ownership is by current and past employees and directors. We are proud of our local deposit base, which we use to lend to local businesses, nonprofits, and families.
Executive Team Working with a New Generation of Bankers – The Bank’s experienced executive team has built an entrepreneurial culture keenly focused on clients, the use of technology, and the execution of the Bank’s strategy. The entrepreneurial culture is perpetuated through modern management practices such as the conversion to a paperless environment, the adoption of a flat organization, and an open culture that fosters collaboration and cross-training of a new generation of bankers.
History of Strong and Consistent Profitability – Even during the most challenging economic times since the Great Depression, the Bank has maintained strong margins and profitability relative to our peers.
