Warehouse Payoff Specialist


Job Details

** Warehouse Payoff Specialist**

**Job Category****:** Warehouse Lending **Requisition Number****:** WAREH04678 Showing 1 location **Job Details**

**Description**

**Position Information**

Job Title: Warehouse Payoff Specialist Department: Warehouse Lending

FLSA Status: Non-Exempt

Reports to: Warehouse Operations Manager Full/Part Time Status: Full-Time

Work Location: Los Angeles, CA Travel Requirement: 0-10%

**Education & Experience**

Minimum Education Level: Associates Degree

Minimum Years of Experience: 3-5 years

Combination of Experience and Education can meet the job requirements: Yes

**Language Requirement**

English: Written: Advanced Verbal: Fluent

**Computer/Systems Knowledge Requirements**

Microsoft Outlook: Advanced Microsoft Word: Intermediate Microsoft Excel: Advanced Microsoft PowerPoint: Basic

**Responsibilities & Duties**

* Ensure accurate and timely processing of incoming wires, purchase advices and loan payoff transactions in WLFS

* Perform beginning of day and end of day reconciliation of DDA and GL accounts.

* Process OFAC holds by obtaining additional information from customers.

* Assist with managing the loan pipeline for aging and capacity.

* Communicate with warehouse clients and investors by responding to inquiries via phone call and

* Scan and file supporting documentation related to loan payoff transactions.

* Provide recommendations around efficiencies pertaining to workflow and system

* Perform other duties as assigned including assisting with loan funding and collateral.

* Escalate issues and problems to management

**Job Qualifications/Requirements**

* Preferred: Two years college education in business related field or equivalent

* Preferred: Three to five years experience in residential lending field preferred.

* Preferred: Proficiency in State and Federal regulatory requirements in a multi-state residential lending

* Preferred: Ability to manage multiple tasks, projects and deadlines

* Preferred: Effective verbal and written communication

* Preferred: Strong organizational skills with a willingness to adapt to change as needed in a fast-paced

* Preferred: Ability to effectively work with department team members and other

**Physical Demands**

Lifting/Carrying

Under 10 lbs: Frequent (34% - 66% of the time) 11-20 lbs: Occasional (1%-33% of the time)

21-50 lbs: Rarely (Less than 1 hour per week) Pushing/Pulling

Under 10 lbs: Frequent (34% - 66% of the time) 11-20 lbs: Rarely (Less than 1 hour per week) Twisting/Turning

Reach over shoulder: Rarely (Less than 1 hour per week)

Reach over head: Rarely (Less than 1 hour per week)

Reach outward: Rarely (Less than 1 hour per week)

Crawl: Rarely (Less than 1 hour per week)

Kneel: Rarely (Less than 1 hour per week)

Squat: Rarely (Less than 1 hour per week)

Sit: Constant (Over 66% of the time)

Walk-Normal Surfaces: Frequent (34% - 66% of the time)

Walk-Uneven Surfaces: Rarely (Less than 1 hour per week)

Walk-Slippery Surfaces: Rarely (Less than 1 hour per week)

Stand: Occasional (1%-33% of the time)

Bend: Occasional (1%-33% of the time)

Other

Keyboard/Ten Key: Frequent (34% - 66% of the time)

Fingering (fine dexterity): Rarely (Less than 1 hour per week)

Handling (grasping, holding): Rarely (Less than 1 hour per week)

Repetitive Motion Hands: Rarely (Less than 1 hour per week)

Repetitive Motion Feet: Rarely (Less than 1 hour per week)

**Qualifications**

**Skills**

**Behaviors**

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**Motivations**

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**Education**

**Experience**

**Licenses & Certifications**





 BBCN Bancorp

 05/22/2024

 Los Angeles,CA