Commercial Loans Specialist

We are looking for a Commercial Loans Specialist to support a Financial Services team in Los Angeles, California. This Long-term Contract opportunity is ideal for an individual with deep experience in commercial lending operations, portfolio oversight, and compliance-focused file management. The person in this role will help keep loan records accurate, complete, and review-ready while partnering with internal teams to support monitoring, reporting, and closing activities.

Responsibilities:

• Organize loan documentation for scanning, indexing, and electronic storage to ensure records are processed accurately and efficiently.
• Maintain physical and digital loan files in a condition that supports audit readiness and regulatory review.
• Set up and update borrower and guarantor information, including financial and reporting covenant details, within the loan monitoring platform.
• Revise customer and covenant records based on approved credit actions and executed loan agreements to keep monitoring data current.
• Respond to inquiries from Relationship Managers and Portfolio Managers regarding loan tracking procedures, documentation status, and system-related issues.
• Produce recurring portfolio monitoring reports and other tracking summaries to support risk oversight and account management.
• Track insurance coverage and required filings for new and existing loans, including obtaining coverage when needed and following up on renewals.
• Review signed loan and credit documents for completeness, confirming that required signatures, dates, and initials have been properly captured.
• Coordinate loan closing activities and assist Operations and Compliance teams with approval, boarding, and funding support.
• Contribute to audit-related work and provide additional administrative or operational support as needed.
• At least 7 years of experience in commercial loan servicing, portfolio monitoring, or related lending support functions.
• Minimum of 5 years of hands-on experience working with commercial loan documentation and loan closing processes.
• Strong working knowledge of Microsoft Office applications, including Word, Excel, and Outlook.
• Demonstrated ability to analyze information carefully, identify discrepancies, and maintain a high level of accuracy.
• Effective verbal and written communication skills, with the ability to work across lending, operations, and compliance teams.
• Experience using loan monitoring or portfolio management systems; exposure to Moody’s or similar platforms is an advantage.
• Familiarity with auditing, financial reporting, regulatory reporting, and broader financial operations is preferred.
• Ability to manage multiple priorities in a fast-paced financial services environment while maintaining organized records and deadlines.