Job Title

Loan Documentation Officer The Loan Documentation Officer (LDO) primary responsibility is to support the loan documentation production process. The LDO provides assistance with complex loan documentation, provision drafting and creating efficiencies that will enhance and strengthen the production and turnaround of loan documents to our branches. Essential Duties Assist lending staff (internal customers) with clarifying and/or verifying information during the process of drawing documents. Supports the production of complex loan documentation, drafting special/additional provisions. Serve as a liaison for loan transactions requiring engagement of outside legal counsel, working independently to facilitate loan documentation in accordance with loan approval; Communicate with branch lending staff, borrower or other third parties to negotiate acceptable loan documentation terms and provisions to facilitate matters to a timely completion. Provide training and support to loan documentation staff and branch lending support staff. Identify and elevate efficiency opportunities in the loan documentation process to assist in improving deliveries. Participate as a member of Senior Management and provide recommendations and guidance related to the Bank's lending function, reporting and policy. Propose action items and develop presentations related to regulatory guidance, changes in Federal, state and local laws applicable to the lending function and loan documentation. Develop a proficiency for quickly and accurately producing documents using the Laser Pro and/or Lawyer Pro documentation system. Contributes to the development and maintenance of prudent loan documentation standards that incorporate safety and soundness, business considerations and adherence to applicable laws and regulations. Assists in implementing best practices for loan documentation Maintain a library of pertinent reference material in share drive for subsequent transactions (e.g., sample transactions, documents, or custom loan provisions, legal counsel opinions and reference material, negotiated SNDA's, etc. Other duties as assigned. Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Monday 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. Required Knowledge Bank Secrecy Act (BSA) Fair Housing Act 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) Basic Knowledge, Skills and Abilities Clear understanding of the English Language (Spoken & Written) Microsoft Office Products (Excel, Word, Outlook) Laserfiche imaging application Financial Tools OnTrack application Jack Henry & Associates core operating system Core understanding of Credit Policy Manual Core understanding of Loan Documentation & Procedures Manual Basic Mathematics Skills Customer Service Skills Strong typing skills Strong time management and organizational skills Critical Thinking, Judgment & Problem Solving Skills Ability to actively listen & learn Ability to respectfully communicate with Supervisors and Co-workers Ability to effectively deal with unpleasant, angry or discourteous people Education and Experience High School Diploma or equivalent required 15+ years loan documentation and loan servicing experience As a part of the Bank's internal control systems, employees holding sensitive positions are required to be absent from their duties for a minimum of two consecutive weeks each year. This position has been deemed to meet the test for a sensitive position, and therefore you will be required to meet the minimum absence requirement each and every year. 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.