Commercial Loan Origination Specialist
hace 2 días
About World Business Lenders (WBL California, LLC), a leading provider of short-term commercial loans
We are seeking an experienced Commercial Loan Origination Specialist to support our General Counsel in overseeing all U.S. legal and regulatory matters related to our loan origination process.
Job Description:
The Commercial Loan Origination Specialist will be responsible for coordinating the legal and regulatory aspects of our loan origination process, including liaising with internal departments and external parties such as applicants, title companies, and outside counsel.
Responsibilities:
- Coordinate the preparation and review of loan documents and supporting materials
- Liaise with internal teams and external parties to ensure compliance with applicable laws and regulations
- Maintain current knowledge of relevant laws and regulations
- Provide legal advice and guidance as needed
- Prepare and review agreements with business referral partners
- Review title reports and commitments
- Develop and maintain policies and procedures related to loan origination
- Conduct post-closing loan reviews
- Address origination-related matters in coordination with the post-closing asset resolution process for non-performing loans
Requirements:
- Law degree from a nationally accredited U.S. law school
- 5-10 years' experience in commercial loan origination, preferably in the United States
- Working knowledge of U.S. federal and state commercial lending laws and regulations
- Excellent organizational, communication, and computer skills
- Strong English fluency, both written and verbal
- Able to work in a fast-paced, deadline-driven environment and handle multiple projects simultaneously
Benefits:
- Salary: $100,000 - $150,000 per year, depending on experience
- 11 paid holidays per year
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