Loan Administrator

Mechanics Bank

Loan Administrator at Mechanics Bank supporting loan closing processes for multifamily and commercial banking loans. Collaborating with various stakeholders to ensure compliance and resolve issues.

Posted 5/28/2026full-timeCorona • California • 🇺🇸 United StatesMid-LevelSenior💰 $25 - $35 per hourWebsite

About the role

Key responsibilities & impact

Responsible for assisting Sr. Loan Administrators with the closing of loans involving the full range of multifamily loans and commercial banking loans
Assists with relationship managers, underwriters, outside counsel, and title insurance companies to ensure compliance and resolve issues
Coordinates all aspects of loan closing.
Accurately scan complete loan files into Director system, within timeframe of procedures
Assists with closing of loans involving multifamily loans, commercial real estate (CRE), commercial and industrial (C&I) and other commercial loans
Works with other Loan Administrators, Relationship Managers, Underwriters, internal and outside counsel, title insurance companies and insurance companies to ensure compliance and resolve issues
Assists with setting up new loan files and orders third party reports including appraisal, environmental, and title reports
Assists and works closely with Loan Administrator’s and Loan Origination team to analyze borrower, guarantor and collateral information to verify legal entities, collateral ownership and proper loan structure to protect the Bank’s interest
Assists with document review of accuracy, completeness and maintains loan files; assembles materials for audits, assists in related department projects
Assembles materials for closing, coordinates all aspects of the closing, and ensures adherence to covenants and conditions of the loan documents
Coordinates loan administration processes with relationship managers/lenders and the Loan Operations (Loan Boarding)
Complies with all applicable regulations, policies and procedures regarding the security, confidentiality and privacy of non-public personal information about customers and consumers, including, but not limited to the GrammLeach-Bliley Act (GLBA), corporate security policies and departmental procedures

Requirements

What you’ll need

Required High School or GED
Additional experience may be considered in lieu of degree
Preferred 3 loan operations/banking experience
May be required to secure notary license
Knowledge of loan closing processes, rules, and requirements
Knowledge of real estate loan requirements and practices
Knowledge of credit analysis theory and practices
Knowledge of property title requirements and complex relationships such as LLC’s, partnerships and the various entity structures
Must be a motivated self-starter who can independently prioritize and manage multiple tasks in a fast-paced environment
Ability to communicate verbally and in writing with Bank professionals, outside counsel and other professionals, lenders, and Bank servicing units
Excellent analytical skills and attention to detail.

Benefits

Comp & perks

Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

loan closing processescredit analysisreal estate loan requirementsproperty title requirementsloan operationsdocument reviewloan administrationcomplianceanalytical skillsattention to detail

Soft Skills

motivated self-starterindependently prioritizemanage multiple taskscommunication skillsverbal communicationwritten communicationrelationship managementproblem-solving

Certifications

notary license