Credit Administration Officer

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This range is provided by Farmers & Merchants Bank of Long Beach. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$/yr - $/yr

Job Summary

The Credit Administration Officer is responsible for providing assistance in the oversight of the Bank’s lending function through participation in various committees, mentorship of the loan officers and administration of portfolio management practices. This position is a member of the Lending Committee and is responsible for reviewing and approving loan submissions within the designated lending authority.

• Responsible for overseeing Bank’s lending function, and formulating loan policies and procedures.
• Review and approve loan submissions within lending authority and assist loan officers with questions regarding our loan products, structuring, evaluating and granting new commercial loans and providing solutions to particular situations with loan customers regarding loan requests, all of which are to provide the bank with a solid and profitable loan portfolio. Provide timely responses (24hr) to branch loan approval requests.
• As a Credit Administration Officer and member of the Lending Committee, participate in the Credit Administration meetings and the Large Borrower meetings.
• Responsible for certain staff within Credit Administration and the Lending Committee as it pertains to reviewing and recommending loan requests that are above approved lending authority.
• Provide instructional and mentoring advice to Loan Officers and lending staff as to the proper structuring, analysis, pricing, and documentation of proposed and/or existing loans/credits.
• Although this position has no direct supervisory responsibilities, a Credit Administration Officer must set a standard for loan officers that encourages their decision making abilities through positive criticism and training, which helps with their overall personal development and performance at the Bank.
• Attends Board of Directors meetings on behalf of Credit Administration for report presentment and Q&A feedback on detailed topics as required.
• Responsible for the monitoring and resolution of the Bank’s “Past-Due”, “Matured”, “Classified”, and/or “Non-Performing” Loans. Handle Credit Administrator responsibilities which include being primary liaison with attorneys for pending and new items for loan documentation.
• Secondary support for various Credit Administration functions
• Responsible for the timely and accurate production and/or review of risk related monitoring reporting for Credit Administration. These reports may be escalated to Finance and Accounting, Risk Management, Audit and the Board of Directors for review or formal presentation.
• Directly responsible for the accumulation and analysis of various risk management reports and may serve as lead in these capacities.
• Serves as a Credit Administration liaison on several committees.
• Responsible for administering a credit testing process for most job applicants being considered for a credit-related position, primarily at the A.V.P and V.P. level. In addition, conduct interview and position suitability assessments for candidates-.

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.

• File Review

Required Knowledge

• Various regulations as appropriate to the processing of loans
• Bank Secrecy Act (BSA)
• 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
• Regulatio…