Business Banking Loan Specialist

Overview

Mechanics Bank is currently searching for a full time Business Banking Loan Specialist to join our team at our Seattle Administrative, Tacoma or Bakersfield locations. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person.

The Business Banking Loan Specialist participates on a team led by the Loan Administration Manager to support the Business Banking Relationship Managers, as assigned, to provide sales, administrative process, and relationship management support. The incumbent will assist with direct and proactive client outreach and collaboration with the Business Banking team to identify additional opportunities within the client relationship. Time will be spent managing the process and completion of loan packages from application through funding to ensure expeditious processing and client experience.

In addition, the remaining time will be spent functioning as a central point of contact for internal business partners and clients, supporting Bank processes, products and services, and loan processes in order to deepen client relationships and ensure a positive total experience.

• Manages and coordinates loan process, from initial engagement through post-funding. Works directly with Relationship Manager, Processing team, Underwriters, Credit Administration, Loan Services, as well as third-party processors to ensure compliance and resolve issues. Responsible for ensuring Underwriting guidelines, compliance requirements and regulatory requirements are met.
• Contacts customer and third party processors as necessary to obtain required information and/or documentation and assists with resolving client-based needs pertaining to transactions. Including but not limited to collecting, organizing and reviewing Appraisal Reports, Environmental Reports, Preliminary Title Reports, Financial Statements and Tax Returns, Insurance, Loan Package, CIP, and Legal Documentation. Ensures that all required activities are met within established time frames.
• Responsible for assisting assigned Relationship Managers with an existing portfolio of business clients, including the outreach and review of transactions for opportunities to expand current/existing portfolio.
• Requests and monitors receipt of financial reporting requirements to meet the need of required covenants maintained in a tickler system. Review and analyze financials for completeness prior to submitting to Underwriting Team for review. Review changes in ownership, and ensure the banks loan package is completed and is accurate according to the financials received.
• Additional duties may include but are not limited to:
  Facilitates the collection of fees;
  Responsible for reporting efforts to clear delinquent and past due/matured loans;
  Orders payoff demands as needed;
  Assist Relationship Manager with performing Site Visits, and assisting with Loan Signings as needed;
  Organizes and uploads documents into Bank systems;
  Communicates with client about covenant defaults as required.
• Must be able to travel throughout bank's footprint to perform required duties (less than 10%).

• High School or GED is required.
• A minimum of 5 years of Senior level experience is required.
• MS Office Suite applications systems; lending-related systems
• Possess excellent human relations, communications and business writing skills.
• Ability to work effectively without direct supervision.
• Possess effective time management and organizational skills.
• Demonstrates teamwork in facilitating workflow.
• High level of cooperation with others and is responsive to the Bank's needs.
• Exemplary motivation, enthusiasm, professionalism and team skills.
• Demonstrates excellent customer service skills.
• Ability to cope with pressure resulting from meeting required deadlines, reporting requirements and training responsibilities.
• Exhibit high degree of professionalism and confidentiality in handling and having access to sensitive information.
• Ability to travel between bank and customer locations and/or commute for training purposes.
• Commercial/Business lending experience in a similar environment.
• Must have current knowledge of Business Lending Experience with commercial/business lending policies, practices and applicable banking/government regulations.
• Valid Driver's License required or available transportation.
• Willing to embrace client outreach and consultative sales practices.
• Thorough knowledge of Bank operational policies and procedures, compliance regulations, and Bank product and services.
• The ability to effectively resolve employee and customer relations issues.

• #LI-DNI
• Pay Range: $70,304.00 - $90,000.00 annually
• AIP/Bonus: up to 7.5%

Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire.

• Medical,…