East West Bank

Loan Operations Group Manager

East West Bank$120K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Business Administration, or Economics.
  • 10+ years in Mortgage Loan Servicing with SBA servicing exposure.
  • 5+ years of managerial experience.
  • Experience leading multi-functional teams.
  • Strong knowledge of RCSA and policy development.
  • Expertise in loan servicing systems and project implementation.
  • Proven analytical skills with a focus on process improvement and cost savings.

Responsibilities

  • Develop and implement operational plans for loan servicing teams.
  • Manage HR activities including recruiting, training, and performance evaluations.
  • Establish quality control procedures and manage loan servicing processes.
  • Direct loan operations to meet regulatory turnaround requirements.
  • Set and monitor KPIs and KRIs across business units.
  • Proactively improve processes to enhance service levels and operational excellence.
  • Foster a collaborative environment to achieve business objectives.
  • Ensure compliance with laws and bank policies in loan operations.
  • Oversee RCSAs and control effectiveness.
  • Audit vendor processes and respond to internal audits.

Benefits

  • Health, dental, and vision insurance coverage.
  • 401(k) plan with company match.
  • Generous paid time off and holiday policies.
  • Professional development opportunities.
  • Flexible work arrangements.
Full Job Description
Overview

East West Bank is seeking a Loan Operations Group Manager who will be responsible for the oversight and management of the Loan Servicing Teams including services of Consumer HELOC and Mortgage, support of commercial C&I, CRE, MFR, Syndication, and SBA servicing and reporting.  The group manager reports to the Sr, Director of Loan Operations and is responsible for the management of all post-closing monetary and non-monetary loan service processes.  The group manager will also work closely with the compliance and legal departments to ensure compliance with all laws and regulations. This position will create and maintain a culture of continuous improvement across all aspects of Loan Operation.

Responsibilities
  • Develop and implement operational plans and goals for multiple loan serving units.
  • Manage staffing in several areas of Loan Operations including all HR related activities such as, recruiting, performance evaluations, coaching, training, mentoring, and score cards.
  • Establish required processes and quality control procedures.  Implement and provide ongoing management of the loan servicing teams and processes.    
  • Direct loan operations activities to meet established goals and appropriate turnaround time to meet regulatory requirements for time sensitive activities.
  • Establish KPIs and KRIs and monitor productivity and efficiency of multiple business units, against set goals.
  • Proactively implement process improvements to ensure service quality, service level agreements and Operational Excellence.  Implement metrics for tracking of operational efficiency improvement.
  • Create and maintain a collaborative work environment that facilitates the achievement of business plan objectives.
  • Implement processes to ensure that Loan Operations complies with all federal, state, local laws and internal Bank policies.
  • Certify RCSAs and ensure all controls are properly designed and effective
  • Perform periodic review of all processes including 3rd party vendor processing and audit of their process.
  • Respond to internal and external audit requests and findings and implement remediation actions to any identified noncompliant processes or areas of concern.
  • Perform all other managerial or project duties as assigned my management.
Qualifications
  • Bachelor Degree in Finance, Accounting, Business Administration, or Economics.
  • Minimum 10 years’ experience in  Mortgage Loan Servicing with exposure to SBA servicing and reporting. Knowledgeable in Commercial Lending.
  • 5+ years of management experience.
  • Experience managing multi-functional  team.
  • Strong knowledge of RCSA and development of policies and procedures
  • Strong project implementation skills
  • Strong loan servicing system knowledge.
  • Strong analytical and process improvement capabilities with accomplishment of efficiency gains/cost savings.
  • Exceptional written and verbal communication skills.  Ability to effectively interact with all levels of the organization including senior management.
  • Excellent decision-making, problem solving and organizational skills with the ability to multi-task in a fast paced environment.
  • Ability to build effective relationships internally with multiple business units.

 

CompensationThe base pay range for this position is USD $120,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

About East West Bank

East West Bank is a bank based in California that provides personal and commercial banking services. The bank was founded in 1973 and has grown to become one of the largest banks in the United States. East West Bank has over 120 locations in the United States and China, and offers a range of financial products and services to its customers. The bank is committed to providing excellent customer service and helping its customers achieve their financial goals.
Learn more about East West Bank
Size
3,100 employees
Market Cap
$9 billion
Industry
Net Income
$567.8 million
Founded
1998
5 Year Trend
+7.3%
NASDAQ

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