Commercial Real Estate Processor/Servicer

Job description

Overview:
First Entertainment has an immediate opening for a Commercial Real Estate Processor/Servicer within our growing Business Lending Department. The primary role is to coordinate all activities related to the packaging and documentation of loan files while facilitating the funding of loan transactions.

Our employees' hard work and dedication to our members is why we were named one of the Top 10 Credit Unions in California by Forbes. Learn more about our recognition and start a career Where Your Story Matters. (link to (url removed))
At First Entertainment Credit Union ((url removed)) we believe that every story matters - that includes our members, employees, community, and those interested in joining our growing team. The Credit Union has served its members since 1967 and has grown to manage over $1.9 Billion in assets. Today, First Entertainment is the financial ally for the creators of entertainment and those who support them.
First Entertainment is a member-owned, not-for-profit, cooperative financial institution formed to permit our members to pool their savings, lend to one another, and a place where they save, borrow, and obtain related financial services.
The Credit Union seeks talented individuals who are passionate about member service and teamwork, have a deep sense of respect and integrity for co-workers and members and are also driven to pursue excellence in all that they do.

Responsibilities:
• Loan Processing & Funding
• Reviews loan files upon receipt, prepares needs list, and ensures receipt of all documentation necessary to prepare the loan file for underwriting
• Confirms that borrower's information on the documents is complete
• Follows up with the Loan Officer, broker or member as required for file completion
• Prepares loan status reports and documents as required.
• Coordinates processing and funding activities with respective internal departments to ensure efficient loan closing and timing
• Follows up with the Loan Officer, broker or member as required for file completion
• Answers member and non-member phone calls

Qualifications:
• High School Diploma, G.E.D. or equivalent is required. College coursework in accounting or finance is preferred
• Demonstrated expertise in commercial loan originations, preferably banking or credit unions
• A minimum of four years Commercial Real Estate loan processing and funding experience
• Community banking experience and knowledge of SBA 7(a) and 504 loans is highly preferred
• Must be able to read and analyze complex tax returns and financial statements, appraisals, environmental reports, credit reports and preliminary title reports
• Must possess strong analytical skills and ability to make recommendations quickly
• Experience with automated lending and related systems. Preferred experience with Symitar, Meridian Link, FDI, DocuSign, Sageworks, and related systems
• Strong credit analysis skills
• Understanding of loan related legal and regulatory requirements

First Entertainment Credit Union is an Equal Opportunity Employer. Consistent with state and federal law, it is the policy of First Entertainment Credit Union to prohibit discrimination because of race, color, religion (including religious accommodations), sex (gender, including gender identity and expression), sexual orientation, marital status, national origin, ancestry, mental and/or physical disability, medical condition (cancer, genetic information and characteristics, requests for medical and family care leave), age (40 and above), military service, pregnancy, childbirth and related medical conditions, and any other classification protected by federal, state, and local laws. First Entertainment is committed to providing employees with a work environment free of discrimination and harassment. If you are in need of reasonable accommodations, please contact the Credit Union's HR Department at (url removed).

Benefit Summary:
The Credit Union currently offers a variety of health and welfare benefits. Benefits
eligibility is dependent upon several factors, including continuous employment, employee
classification, and the terms and conditions under which employees are employed.
Eligibility for coverage will begin the first of the month following date of hire. Details of
these programs can be found in the Summary Plan Descriptions or by contacting Human
Resources.
It is the Credit Union's present intention to continue these benefits, however, the Credit
Union reserves the right, to modify, curtail, reduce, or eliminate any benefit, in whole or in
part at any time with or without notice.
Health and welfare benefits include:
• Group Medical Insurance
• Group Dental Insurance
• Group Vision Insurance
• Health Care Flexible Spending Account (HCFSA)
• Dependent Care Flexible Spending Account (DCFSA)
• Group Life Insurance
• AD&D Insurance
• Long Term Disability Insurance
• 401(k) Retirement and Profit Sharing (Defined Contribution Plan)
• Optional Employee Life Insurance
• Optional Spouse Life Insurance
• Optional Child Life Insurance
The Optional Employee Life, Spouse and Child insurance is elected and paid for by the
employee electing such coverage(s). Please refer to FirstFAQs for additional benefits
information.