Portfolio Specialist

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Full-Time Headquarters, Los Angeles, CA, US

2 days ago Requisition

Salary Range: $40,000.00 To $65,000.00 Annually

The Portfolio Specialist is responsible for assisting with the Commercial, C&I, Real Estate Lending and Commercial Equipment Leasing clients and prospects loan portfolio.

Ensures compliance with established Bank policies and procedures. Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: GLBA (Gramm-Leach-Bliley Act), Regulation Z (Truth in Lending Act), Regulation DD (Truth in Savings Act) Regulation B (Equal Credit Opportunity Act), Dodd–Frank Wall Street Reform and Consumer Protection Act (Dodd Frank Act), Elder Abuse Laws, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act.

• 1.Receive and handle a variety of customer inquiries and service requests including maintenance of logs.
• 2.Provide assistance to Portfolio Officers and/or the Team Leader to manage post-closing issues including preparation and handling of loan modifications, extensions, assumptions, and collection of annual financial statements and insurances
• 3.Monitor borrowers with flood insurance and delinquent property taxes
• 4.Follow up on past due payments and maturing loan
• 5.Prepare late charge waivers and process payoff requests
• 6.Prepare periodic loan portfolio reports for audit and management
• 7.Send out default letters, conducts site inspections and interviews.
• 8.Prepare Special Assets Transfer Memos to transfer files to Special Assets for extensive servicing and workout
• 9.Maintain knowledge of the Bank’s underwriting and lending guidelines
• 10.Ensure all loans comply with regulatory requirements
• 11.Assist with various projects and other operational duties.
• 12.Deliver excellent service to customers both inside and outside the Bank
• 13.Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• 14.Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
• 15.Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
• 16.Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
• 17.Performs duties specific to the position and other functions as assigned.

• High School Diploma and at least 2 years of related experience and/or training. Work related experience must consist of SBA Lending.
• Intermediate skills in computer terminal and personal computer operation, mainframe computer system, word processing, typing and spreadsheet software programs to meet the needs of the position.
• Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using…