Lending Specialist
Farmers & Merchants Bank of Long Beach, Long Beach, CA, United States
The Lending Specialist provides prompt quality customer service in addition to working in a team environment with other branch and regional lending personnel. Performs a wide range of services related to loan processing, documentation and loan portfolio management, which includes but not limited to preparing various loan worksheets and forms; entity documentation review; facilitation of loan documents signing; maintaining branch loan files; perfection of loan collateral; loan servicing/maintenance; ongoing monitoring of loan covenants; and resolving customer concerns.
Review and scrutinize organizational/entity documentation for safety & soundness and CIP (Customer Identification Program) & CDD (Customer Due Diligence) compliance.
Verify and examine the accuracy of the information and supporting documentation provided during the loan application process
Initiate the ordering of appraisal reports, credit reports, UCC searches, and other due diligence information required for loan processing and underwriting
Prepare various worksheets required for approval, order loan documents and identify exceptions accordingly
Compile documents required for loan closings, i.e. title reports, evidence of insurance, and other related documents
Facilitate document signing process and address customer questions and concerns
Assist loan officers with loan portfolio management, i.e. reviewing upcoming maturities, annual financial reporting requirements for follow up
Supports multiple branches as assigned by Regional Relationship Manager
Ensure compliance with federal & state, internal regulations, bank security guidelines and procedures
Maintain open communication with various support departments to reach desired results
Maintain Notary Commission & perform Notary Public duties for the Bank
Participate in lending related meetings, training and collaboration including assisting the branch in business development planning
Lending Specialist Levels & Classifications
File Maintenance
Required Knowledge
Bank Secrecy Act
Complaint Documentation Policy
FDIC Insurance
Regulation B (ECOA)
General Operations
Regulation BB (CRA)
Loan Products
Regulation CC
Loan Documentation
Regulation DD
New Account Procedures
Regulation E (EFT)
Privacy Laws
Regulation H (Flood Insurance)
Safe Deposit Box Procedures
Regulation X (RESPA)
Security/Robbery Procedures
Regulation Z (Truth in Lending)
UCCs
Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements. This position will elevate suspicious activity to supervisory staff and/or BSA department. Completes compliance and other technical training workshops as assigned.
Basic Knowledge, Skills and Abilities
Basic Mathematics Skills
Clear understanding of the English Language (Spoken & Written)
Critical Thinking, Judgment & Problem Solving Skills
Customer Service Skills
Microsoft Office Products (Excel, Word, Outlook)
Strong typing skills
Time Management Skills
Ability to actively listen & learn
Ability to use oral communication techniques to sell products or services
Ability to respectfully communicate with Supervisors and Co-workers
Ability to effectively deal with unpleasant, angry or discourteous people
Equipment Operated Desk Top Computers
Scanners
Physical Requirements & Work Environment
Requires repetitive movement
Requires sitting for prolong periods of time
Requires lifting up 10lb
Requires using hands to handle, control or feel objects
Office setting w/controlled temperature
Education and Experience
High School Diploma or equivalent required
Notary Commission
Preferred candidates must have 6 months or more commercial loan processing experience within the past three years
Additional Requirements
Ability to travel to various bank locations as needed
Professional business attire
Some Saturday hours maybe applicable
This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management.
Farmers and Merchants Bank of Long Beach reserves the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment.
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Review and scrutinize organizational/entity documentation for safety & soundness and CIP (Customer Identification Program) & CDD (Customer Due Diligence) compliance.
Verify and examine the accuracy of the information and supporting documentation provided during the loan application process
Initiate the ordering of appraisal reports, credit reports, UCC searches, and other due diligence information required for loan processing and underwriting
Prepare various worksheets required for approval, order loan documents and identify exceptions accordingly
Compile documents required for loan closings, i.e. title reports, evidence of insurance, and other related documents
Facilitate document signing process and address customer questions and concerns
Assist loan officers with loan portfolio management, i.e. reviewing upcoming maturities, annual financial reporting requirements for follow up
Supports multiple branches as assigned by Regional Relationship Manager
Ensure compliance with federal & state, internal regulations, bank security guidelines and procedures
Maintain open communication with various support departments to reach desired results
Maintain Notary Commission & perform Notary Public duties for the Bank
Participate in lending related meetings, training and collaboration including assisting the branch in business development planning
Lending Specialist Levels & Classifications
File Maintenance
Required Knowledge
Bank Secrecy Act
Complaint Documentation Policy
FDIC Insurance
Regulation B (ECOA)
General Operations
Regulation BB (CRA)
Loan Products
Regulation CC
Loan Documentation
Regulation DD
New Account Procedures
Regulation E (EFT)
Privacy Laws
Regulation H (Flood Insurance)
Safe Deposit Box Procedures
Regulation X (RESPA)
Security/Robbery Procedures
Regulation Z (Truth in Lending)
UCCs
Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements. This position will elevate suspicious activity to supervisory staff and/or BSA department. Completes compliance and other technical training workshops as assigned.
Basic Knowledge, Skills and Abilities
Basic Mathematics Skills
Clear understanding of the English Language (Spoken & Written)
Critical Thinking, Judgment & Problem Solving Skills
Customer Service Skills
Microsoft Office Products (Excel, Word, Outlook)
Strong typing skills
Time Management Skills
Ability to actively listen & learn
Ability to use oral communication techniques to sell products or services
Ability to respectfully communicate with Supervisors and Co-workers
Ability to effectively deal with unpleasant, angry or discourteous people
Equipment Operated Desk Top Computers
Scanners
Physical Requirements & Work Environment
Requires repetitive movement
Requires sitting for prolong periods of time
Requires lifting up 10lb
Requires using hands to handle, control or feel objects
Office setting w/controlled temperature
Education and Experience
High School Diploma or equivalent required
Notary Commission
Preferred candidates must have 6 months or more commercial loan processing experience within the past three years
Additional Requirements
Ability to travel to various bank locations as needed
Professional business attire
Some Saturday hours maybe applicable
This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management.
Farmers and Merchants Bank of Long Beach reserves the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment.
#J-18808-Ljbffr