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Note Specialist II (Los Angeles)
Note Specialist II (Los Angeles)Royal Business Bank • Los Angeles, CA, US
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Note Specialist II (Los Angeles)

Note Specialist II (Los Angeles)

Royal Business Bank • Los Angeles, CA, US
[job_card.1_day_ago]
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  • [job_card.part_time]
[job_card.job_description]

JOB SUMMARY

Under supervision, Note specialist follows established policies and procedures, assists in performing Note functions to accurately reflect loan activities on the Banks LAS (Loan Accounting System), and ensure to maintain required documents and collaterals. In addition, Note specialist complies with all regulations, which apply within the scope of the position, including Bank Secrecy Act. In addition, Note Specialist II will help to train, review some works performed by Note Specialist I, and have a deeper understanding of loan functions.

DUTIES

Loan Payment Process :

  • Be the backup for response to calls and emails regarding to loan payments
  • Prepare monthly certification for advanced participation loan certification

Loan Advance Process :

  • Process advances of WHLOC, & Construction loans etc. through crediting to account, issuing checks
  • Prepare outgoing wire, etc.
  • Assist Note Specialist I to prepare complexed loan advance or disbursement transactions

    • Loan System Maintenance :

  • Monitor incoming wire.
  • Monitor all email request.

    • Daily & Monthly Report generation :

  • Check and print daily Non-post transaction, rate change report, posted transaction on placed notes, & paid note statement.
  • Monitor daily loan GL reconciliation.
  • Generate daily reports for officers to review

    • Loan File Maintenance :

  • Scan documentation files including recorded documents and title policy.
  • Support Audit requests related to Note function.
  • Prepare loan extension, renew and loan funding and boarding for officer review
  • Help Note Officer to monitor post funding requirements and perfect bank liens by tracking recorded documents and conduct UCC filling and search.
  • Issue loan payoff demand and prepare release collateral documents

    • Others : Daily callback bank-wide loan index change

    QUALIFICATIONS

  • EDUCATION : College degree in Business or Accounting, or equivalent.
  • EXPERIENCE : At least 1-2 year Note / Accounting banking experience or equivalent

    • SKILLS / ABILITIES

  • Basic accounting concepts and skills required.
  • Proficiency in Microsoft Office products.
  • Ability to establish priorities and meet deadlines is essential.
  • Excellent interpersonal skills.
  • Ability to function in a high-volume environment and within time constraints.
  • Organized and detail-oriented with ability to function in a team and fast-paced environment.
  • Demonstrate strong service and support oriented skills and attitude.

    • Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future.

    WHY WORK FOR US?

    Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, and Chicago. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to :

  • Medical insurance
  • Vision insurance
  • Dental insurance
  • 401(k)
  • Disability insurance

    • Royal Business Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policies (GLBA Privacy Notice, California Consumer Privacy Act and Online Privacy) at our website www.royalbusinessbankusa.com . Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

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