SVP, Loan Documentation Manager

Introduction

Established in 1996, Community Bank of the Bay is an independent, multiple award-winning community-focused bank with over 20 years of active financial investment in businesses and individuals in the San Francisco Bay Area. Our clients include numerous organizations from many industries, including local nonprofits, multi-generational businesses, creative professionals, and owner-operators experiencing change, growth, or expansion.

At CBB, we believe you can only truly serve a community when you are part of it. As the first Community Development Financial Institution (CDFI) formed in California, we are actively involved in local community life. In fact, that’s the whole thought behind community banking: your funds invested locally, through local decisions, by local people, driving the success of the broader community. Our mission is to foster and promote economic development in the communities we serve.

 At Community Bank of the Bay, our employees are our greatest asset, and we recognize that our success as a community bank is because of our extraordinary staff. We offer a welcoming, friendly, caring work environment with competitive compensation, a strong and robust benefits program, and an emphasis on healthy work/life balance.

 Our six core values of Sustainability, Empowering, Respect, Trust, Commitment and Relationship building represent what we stand for and believe in as an organization. Every day, we strive to align our behaviors to these core values in everything we do.

Overview

The SVP Loan Documentation Manager is responsible for management of the bank’s Loan Documentation functions.  The manager helps direct the department staff and takes responsibility for all documentation preparation, validation, accuracy and timeliness of documentation for all loan types.  Assures adherence to legal, regulatory and bank policies and procedures and that proper risk, audit and compliance controls are in place and functioning.

Duties and Responsibilities

·         Provides supervision and directs the activities of Loan Documentation employees; performs supervisory tasks such as candidate interviews, performance appraisals and disciplinary actions; develop work schedules; provide training and coaching.

·         Oversees all aspects of the documentation process including preparation, validation, accuracy and adherence to service standards. 

·         Assures adherence to legal, regulatory and bank policies and procedures, ensuring proper risk, audit and compliance controls are in place and functioning.

·         Oversee adverse action processing including maintenance of logs and records related to the process.

·         Manage and maintains records as required by all regulations, including Fair Credit Reporting and Regulation B to assure the bank is in compliance at all times. 

·         Ensures documented files are complete including applicable flood determinations, UCC searches and insurance coverage.

·         Oversees the post-closing documentation tickler system to assure receipt of original recorded documents and final title policies.

·         Researches compliance requirements and implement new products based on Bank’s strategic direction.

·         Generates weekly and monthly document production reports.

·         Assists with audit and regulatory examination preparation.

·         Responsible for maintaining and updating Lending Index Rates on Laser Pro Documentation software.

·         Provides guidance and training to department staff and ensuring staff’s compliance training is up to date.

Requirements

Education/Certification:       

·         Bachelor’s degree in business, finance, accounting, or related field preferred. Relevant & equivalent work experience in lieu of a college degree will be considered High school graduate or equivalent.  Additional college coursework preferred.

Required Knowledge:

·         Strong understanding of the documentation, compliance and regulatory requirements of a broad range of commercial bank lending products, including unsecured commercial, secured commercial real estate, construction, Letter of Credit and Small Business Administration enhanced lending, as well as certain commercial lending products, including Home Equity Loans.

·         Knowledge of SBA lending and documentation requirements.

·         Knowledge of bank accounting as it pertains to loan accounting.

·         Strong knowledge of Commercial and Commercial Real Estate lending policies, practices, collection programs, and procedures.

·         Strong knowledge of related state and federal loan regulations and other bank lending policies.

·         Proficiency with Microsoft Word/Excel           

Experience Required:

·         Prior 4 years note department management experience.

·         Experience with the Fiserv ITI core operating system for banks.

·         Experience with Laser Pro documentation preparation program.

Skills/Abilities:

·         Excellent organizational and time management skills.

·         Excellent attention to detail, judgement, and dependability.

·         Excellent verbal, written, and interpersonal communication skills.

·         Ability to collaboratively interface with other business units/departments.

Benefits

·         Subsidized Medical, Dental, & Vision

·         Basic Life/Accidental Death and Disbursement Insurance, Long-term Disability Insurance

·         Employee Assistance Program

·         Commuter Benefits

·         401K Retirement Plan – Matching and Safe Harbor Contributions

·         Flexible Spending Accounts – Medical & Dependent Care

·         Paid Vacation and Sick days

·         11 paid Holidays per year

·         Volunteer Day

·         Gift Matching Contribution to Non-Profit Organizations of employee’s choice

·         Green Car Program Subsidy for eligible Hybrid and Electric Vehicles

·         Employee Referral Program

Location:  San Mateo, CA

Job Type: Full-time

Salary Range:  $105,682 - $150K Annual Salary

Salary may vary depending on multiple factors including but not limited to skill level, depth of work experience, education, relevant licenses/credentials, and geographic location.

To apply, please visit: https://www.bankcbb.com/about/careers/

Note: The duties and responsibilities listed are typical examples of work performed by the position and are not designed to contain or be interpreted as a comprehensive list of all duties, tasks, and responsibilities. Employees may also perform other duties as assigned.

EOE, including disability/vets. Job candidates must be legally eligible to work in the United States.

Community Bank of the Bay is committed to ensuring that our online application process provides an equal opportunity to all job seekers, including individuals with disabilities. If you believe you need reasonable accommodation in order to search for a job opening or submit an employment application, please email us at hr@bankcbb.com. This is a dedicated email address designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Please note: emails received for other purposes, such as following up on an application or non-disability related technical issues, will not receive a response.

We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the requirements of Section 19 of the Federal Deposit Insurance Act.