Lending Specialist 1

Company: Farmers and Merchants Bank of Long Beach
Location: Fullerton
Posted on: January 9, 2021

Job Description:

Job SummaryThe Lending Specialist 1 provides prompt quality customer service along with support to other branch lending personnel. Performs a wide range of services related to loan processing, documentation and loan portfolio management, which include but not limited to the preparation and review of loan documents; facilitation of loan documents signing; maintaining branch loan files; perfection of loan collateral; release of loan collateral at payoff; loan servicing/maintenance; and resolving complex customer concerns. In addition, the Lending Specialist 1 will solicit new accounts, cross-sell products and services, and participates in branch business development plans.Essential Duties* Verify and examine information, accuracy of loan application and supporting documentation* Review and scrutinize organizational/entity documentation for safety & soundness and CIP (Customer Identification Program) & CDD (Customer Due Diligence) compliance.* Initiate the ordering of appraisal reports, credit reports, UCC searches, and other reports required for loan processing and underwriting* Prepare various worksheets required for approval; order loan documents and identify exceptions accordingly* Review of loan documents for accuracy* Facilitate document signing process and address customer questions and concerns* Maintain Notary Commission & perform Notary Public duties for the Bank* Compile documents required for loan closings, i.e. title reports, evidence of insurance, and other related documents* Maintain file organization including scanning of documents in accordance with established guidelines* Perform basic loan servicing functions, i.e. maintain branch tickler system, processing payoffs & reconveyances* Assist loan officers with loan portfolio management, i.e. reviewing upcoming maturities, annual financial reporting requirements follow up* Maintain open communication with various support departments to reach desired results* Ensure compliance with federal & state, internal regulations and bank security guidelines and proceduresThe essential duties of this position have been identified to include actions or activities that meet the definition of mortgage loan originator (MLO) under the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E Act). As such, employees may be required to complete and maintain MLO registration through the National Mortgage Licensing System (NMLS) as a mandatory requirement of this position, at the discretion of the Bank.Non-Essential Duties* File MaintenanceRequired Knowledge* Regulation CC* Regulation DD* Regulation E (EFT)* Bank Secrecy Act* Regulation BB (CRA)* Regulation B (ECOA)* Regulation X (RESPA)* Regulation Z (Truth in Lending)* Regulation H (Flood Insurance)* Fair Credit Reporting Act* UCC* General Operation* Merchants Teller Operations* New Account Procedures* Saving Bonds Procedures* Special Collection Procedures* Safe Deposit Box Procedures* Loan Products* Loan Documentations* FDIC Insurance* Privacy LawsComplies 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* Time Management Skills* Clear understanding of the English Language (Spoken & Written)* Microsoft Office Products (Excel, Word, Outlook)* 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 peopleEquipment Operated* Desk Top Computers* Scanners* Standard Office Equipment (copiers, fax machines)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 temperatureEducation and Experience* High School Diploma or equivalent required* Notary Commission* Preferred candidate must have:18 - 24 months of teller experience within the last three years12 - 18 months of new accounts and sales experience0 - 12 months of loan documentation experienceAdditional Requirements:* Ability to travel to various bank locations as needed* Some Saturday hours maybe applicableThis 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.

Keywords: Farmers and Merchants Bank of Long Beach, Fullerton , Lending Specialist 1, Other , Fullerton, California