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Post Close Admin II

Company: MUFG in the Americas
Location: Tempe
Posted on: February 16, 2020

Job Description:

Description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018). In the Americas, we're 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We're a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.

Job Summary:

Performs post funding loan review in connection with complex permanent and construction commercial real estate loans and SBA 7a loans (including ongoing involvement with construction disbursements). Provides back-up support to Post Close Admin I, helping resolve issues. Management or Supervision: No

Major Responsibilities:

  • Create applicable post-closing checklist and follow-up for post close documentation deficiency items.
  • Prepare collateral files for shipment to collateral department.
  • Ensure complete loan file stored in bank's imaging system with proper indexing.
  • Ensure adequate collateral perfection (e.g., obtaining recorded documents and obtaining, reviewing & approving final title policies showing correct lien position and including required endorsements, etc.).
  • Ensure required insurance coverage is in place and properly tracked.
  • Establish and maintain loan ticklers for trailing docs on bank's tracking system, ensuring timely completion.
  • Process post-closing loan disbursement requests to comply with credit approvals.
  • Process all construction draw requests and maintain the construction loan budget information in the bank's tracking system, or assist the construction manager in performing these functions.
  • Perform miscellaneous Ad Hoc duties as requested by management.


    Qualifications

    Additional Information:
    • Must have graduated from high school or have high school diploma equivalent.
    • 3 to 4 years' experience with commercial real estate loan documentation preferred.
    • General understanding of commercial construction loans preferred.
    • Must possess strong organizational skills and ability to meet deadlines.
    • Proficient with use of MS Word and Excel.
    • Must have excellent oral and written communication skills.
    • Strong interpersonal skills and self-starter.


      The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

      We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.

      A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.

Keywords: MUFG in the Americas, Phoenix , Post Close Admin II, Administration, Clerical , Tempe, Arizona

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