Collateral Specialist Senior
City National Bank, Los Angeles, California, United States, 90079
COLLATERAL SPECIALIST SENIOR
WHAT IS THE OPPORTUNITY?
The position plans, organizes, and controls the day-to-day administrative and operational compliance of Collateral Management and Maintenance activities. Ensures that activity tracking is in conformity with regulatory/government requirements. Coordinate efforts with other business units to identify and resolve processing issues. This position calls for high level interaction with Bank management, and government regulatory agencies.
WHAT WILL YOU DO?
Responsible for analyzing, reviewing and approving various collateral management and maintenance activities, including demand/payoff requests and release documents / reconveyances of paid loans.
Collaborates with the Compliance Department and Legal in the overall administration of the related directives for the Bank
Participates in audits and examinations on behalf of the Collateral Management Department
Responsible for ensuring compliance with assigned Bank policies and procedures; as well as, with the applicable state and federal banking regulations
Provides guidance and direction to line of business partners and peers within Lending Operations.
Maintains a proficient knowledge of applicable banking regulations.
Interface with Internal Audit, Compliance and external regulatory agencies such as the CFPB and OCC.
Identifies and mitigates potential issues; interacts with Bank personnel including audit and compliance pertaining to remediation issues.
Responsible for data integrity across vendor systems for all loan data entered and reviewed.
Consult with Legal and Credit Administration Department to validate policies and to identify and document process and procedure improvement.
Manage Special Projects independently.
Processes, solves and answers complex customer issues, problems or inquiries.
Assumes responsibility for special monitoring/quality assurance projects, gathers data and prepares reports for Senior Management, audits and other personnel.
Maintain a proactive, committed approach to such programs as Customer first, Community Reinvestment Act (CRA) and Equal Employment Opportunity.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Minimum 5 years of experience working in documentation or a bank servicing department
Minimum 5 years of experience in analyzing loan documents and credit approval documents.
Minimum 2 years of experience with MS Office Suite
Additional Qualifications
Must be able to process and handle large volumes ensuring quick turnaround
Familiarity with the commercial and consumer lending regulations
Education: Associates Degree or higher.
Strong Microsoft Office suite knowledge
Strong math/accounting, data analysis and business writing skills
Strong research and analytical skills
Ability to quickly adapt to and become proficient in disparate loan processing systems
Must be able to resolve Issues of high complexity
Candidate for this position must be able to analyze commercial and consumer notes and credit memorandum.
Candidates must have a strong documentation and collateral background.
WHAT'S IN IT FOR YOU? Compensation Starting base salary: $22.27 - $33.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
#J-18808-Ljbffr
WHAT WILL YOU DO?
Responsible for analyzing, reviewing and approving various collateral management and maintenance activities, including demand/payoff requests and release documents / reconveyances of paid loans.
Collaborates with the Compliance Department and Legal in the overall administration of the related directives for the Bank
Participates in audits and examinations on behalf of the Collateral Management Department
Responsible for ensuring compliance with assigned Bank policies and procedures; as well as, with the applicable state and federal banking regulations
Provides guidance and direction to line of business partners and peers within Lending Operations.
Maintains a proficient knowledge of applicable banking regulations.
Interface with Internal Audit, Compliance and external regulatory agencies such as the CFPB and OCC.
Identifies and mitigates potential issues; interacts with Bank personnel including audit and compliance pertaining to remediation issues.
Responsible for data integrity across vendor systems for all loan data entered and reviewed.
Consult with Legal and Credit Administration Department to validate policies and to identify and document process and procedure improvement.
Manage Special Projects independently.
Processes, solves and answers complex customer issues, problems or inquiries.
Assumes responsibility for special monitoring/quality assurance projects, gathers data and prepares reports for Senior Management, audits and other personnel.
Maintain a proactive, committed approach to such programs as Customer first, Community Reinvestment Act (CRA) and Equal Employment Opportunity.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications
Minimum 5 years of experience working in documentation or a bank servicing department
Minimum 5 years of experience in analyzing loan documents and credit approval documents.
Minimum 2 years of experience with MS Office Suite
Additional Qualifications
Must be able to process and handle large volumes ensuring quick turnaround
Familiarity with the commercial and consumer lending regulations
Education: Associates Degree or higher.
Strong Microsoft Office suite knowledge
Strong math/accounting, data analysis and business writing skills
Strong research and analytical skills
Ability to quickly adapt to and become proficient in disparate loan processing systems
Must be able to resolve Issues of high complexity
Candidate for this position must be able to analyze commercial and consumer notes and credit memorandum.
Candidates must have a strong documentation and collateral background.
WHAT'S IN IT FOR YOU? Compensation Starting base salary: $22.27 - $33.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
#J-18808-Ljbffr