Deputy Chief Credit Officer

Job Summary

The Deputy Chief Credit Officer is responsible for providing direct oversight in the management of the Bank’s lending function through participation in various committees, mentorship of the loan officers and administration of all lending function processes and portfolio risk 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.

Essential Duties

• Oversee the Bank’s lending function, portfolio management, loan policies/procedures and daily lending process functionality.   Directs credit related processes and philosophy for consistent analytics within the loan underwriting functions.
• Deputy Chief Credit Officer must set a standard for loan officers and Credit Administrators that encourages their decision making abilities through positive criticism and training, which helps with their overall personal development and performance at the Bank.
• Review and approve loan submissions, including Residential Lending submissions, within lending authority and assist loan officers with questions regarding our loan products, structuring, evaluating and granting new and modifying existing 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 to branch loan approval requests granted that the request is complete.
• Provide instructional and mentoring advice to loan officers and lending staff as to the proper structuring, pricing and presentation of loans for approval.
• Provide direct management for the environmental risk and appraisal procurement/review personnel and processes. 
• Responsible for the process of reviewing and approving draw requests and inspection reports for the Bank’s construction loan portfolio.
• Responsible for reviewing and approving periodic reimbursement requests received from parties contracted to complete insurance damage repair projects.
• Manage Lending Committee members providing oversight for reviewing and recommending loan requests that require combined member authority.
• Provide direct management of Electronic Card Services group to approve limits, sign off on annual reviews and provide guidance to the credit risk associated with ACH, RDC, mRDC, Credit Cards and Merchant Services offered by the bank beyond the identified Operational Risk.
• Manage periodic reviews (as required or scheduled under Tier Risk program) of approved limits and risk thresholds within these client relationships for prudent management oversight.
• Manage lending related audit responses to identify any compliance or credit issues that may arise from time to time as a result of the processes in handling lending requests.  Serve as the direct liaison between Credit Administration and Loan Audit to discuss ongoing risk assessment and audit findings.
• Communicate with third party auditors and Regulatory Agencies, as necessary.
• Participate in various committees and meetings as designated by the Chief Credit Officer – may include Credit Administration Committee, Large Borrower Committee, CRE Concentration, ALLL etc.
• Assist in various portfolio risk management assessment strategies and participate in the review and discussion of interest rate risk, market risk, industry risk, ALLL, stress testing, etc.
• Provide oversight for Loan Documentation Unit.   Direct processes and policies related to timely and accurate production of loan documents.
• Provide oversight for Credit Administration Services.   Direct processes and policies related to lending training, records management, servicing, reporting, etc.
• Provide oversight to the management of external legal engagement including loan documentation preparation and amendments, as necessary.
• Provide oversight for Escrow Department processes and policies related to title company engagement, loan funding/closing, etc.
• Provide oversight to the Special Assets Department.   Engage in the timely workout, charge off and risk assessment for those loans within the department’s purview.

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. Acts As The Control Point For The Office To Ensure That All Cip, Bsa, Ofac Requirements, Procedures And Time Frames Are Met.

Non-Essential Duties

• File Review 

Required Knowledge

• Various regulations as appropriate to the processing of loans

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 CASH application
• Jack Henry & Associates core operating system
• Core understanding of Credit Policy and Loan Documentation & Procedures Manuals
• 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 communicate with Supervisors and Co-workers respectfully
• Ability to effectively deal with unpleasant, angry or discourteous people

Equipment Operated

• Desk top Computers 
• Standard Office Equipment (copiers, scanners, fax machines) 

Physical Requirements & Work Environment 

• Requires sitting for prolong periods of time.
• Requires lifting up to 15 lbs.
• Office setting w/controlled temperature

Education And Experience:

• Bachelor’s Degree or equivalent work experience required 
• 20+ years loan structuring, documentation and loan servicing experience 
• Prior electronic credit product experience preferred

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 reserve 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.

October 16, 2025