Farmers & Merchants Bank of Long Beach · 1 month ago
Lending Records Unit Supervisor
Farmers & Merchants Bank of Long Beach is seeking a Lending Records Unit Supervisor who will oversee loan servicing processes and manage the Loan Servicing Unit staff. The role involves monitoring workflow, ensuring compliance with regulations, and enhancing processes related to loan servicing and data integrity.
BankingFinancial ServicesLending
Responsibilities
Supervises the Loan Servicing Unit staff, workflow and operations related to loan servicing processes including, but not limited to, loan account boarding, payment and advance processing, periodic account maintenance, portfolio management reports and loan general ledger oversight
Assists in the hiring and development of human resources to induce the best possible quality of department work output in order to meet the organizational goals and objectives
Supervises Loan Servicing Unit workflow and operations in relation to all centralized aspects of loan servicing and core loan data integrity
Monitors Loan Servicing Unit performance – developing/maintaining service level agreements, creating/reviewing metrics, maintains accuracy and processing time tracking, etc
Develops and maintains Unit Desktop Procedures
Identifies process enhancements, creating and driving action plans, implementing improvements, measuring effectiveness and continuous monitoring related to loan servicing and loan data integrity
Administers core system loan application management including but limited to support case entry and resolution, user acceptance testing and validation, parameter reviews/updates/change control, management/regulatory reporting, etc
Drives and monitors assigned projects to completion
Approves transactions for department staff within established scope of authority
Prepares assigned reports for Bank management and departments
Functions as a Unit Liaison between CAS, Lending Staff, Support Departments and Credit Administration Management
Supports Lending Staff training by communicating changes, presenting training topics, Loan Documentation procedure review, FM form review, etc
Supports and assists Credit Administration Services Manager with responding to audit requests and inquiries related to loan servicing and loan core data
Responsible for maintaining regulatory and industry knowledge related to all aspects of banking and lending, and assuring compliance with all Bank policies and procedures as well as applicable state and federal regulations
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
Qualification
Required
High School Diploma or equivalent required
10+ years loan administration / servicing experience or equivalent
Clear understanding of the English Language (Spoken & Written)
Microsoft Office Products (Excel, Word, Outlook)
Laserfiche imaging application
Jack Henry & Associates core operating system
Basic Mathematics Skills
Customer Service Skills
Strong typing skills
Critical Thinking, Judgment & Problem Solving 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
Requires sitting for prolonged periods of time
Requires lifting up to 15lb
Office setting w/controlled temperature
Bank Secrecy Act (BSA)
Real Estate Settlement Procedures Act (RESPA)
Regulation AA (Unfair or Deceptive Acts or Practices)
Regulation B (Equal Credit Opportunity)
Regulation CC (Expedited Funds Availability Act)
Regulation E (Electronic Funds Transfer Act)
Regulation P (Privacy Act and Safeguarding Customer)
Uniform Commercial Code (UCC)
California Civil Code
Fair Debt Collection Practices
Regulation Z (Truth in Lending Act)
Regulation BB (Community Reinvestment Act)
Regulation DD (Truth in Savings)
US Patriot Act
Regulation O (Federal Reserve Act and Federal Deposit Insurance Act)
Regulation C (Home Mortgage Disclosure - HMDA)
Regulation U (Governs Margin Securities)
Company
Farmers & Merchants Bank of Long Beach
Founded in Long Beach in 1907 by C.J.
Funding
Current Stage
Public CompanyTotal Funding
$200M2025-10-20Post Ipo Equity· $200M
1997-03-27IPO
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