East West Bank

Loan Operations Supervisor

East West Bank$71K — $105K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Business Administration, or Economics.
  • 5+ years in loan operations industry.
  • 1+ year of management experience.
  • Deep knowledge of compliance regulations specific to loan operations.
  • Excellent customer service and problem-solving skills.
  • Strong verbal and written communication abilities.
  • Proficient in Microsoft Office and database tools like SQL.

Responsibilities

  • Supervise loan servicing QC team; conduct interviews, coaching, and performance evaluations.
  • Direct loan operations to achieve turnaround goals and adhere to regulatory timelines.
  • Assist staff in resolving complex servicing issues and ensure timely updates.
  • Ensure compliance and risk management in commercial loan servicing; provide training and maintain documentation.
  • Provide customer service and respond to audit requests; remediate compliance issues.
  • Process loan operations when staff is absent or during high volume.
  • Document procedures for unit operations and activities.

Benefits

  • Opportunities for professional growth and development.
  • Collaborative team environment with cross-department support.
  • Exposure to a range of financial operations and compliance practices.
  • Engagement in special projects related to data accuracy and compliance.
Full Job Description
Overview

The Loan Operations Supervisor is responsible for the day to day supervision within a Loan Operations Team.  Direct supervision and processing include but are not limited to; customer complaints and research, payment processing and other financial activities, Demands & Payoffs, Adjustable Rate Management, Investor Reporting, Syndication, SBA processing.  Responsibilities also include Loan Monitoring relative to collateral.  Oversight to all applicable regulatory compliance relative to Loan Operations, GL Reconciliation and Quality Control of the department is part of this role.   

Responsibilities
  • Responsible for the direct supervision of the loan servicing QC team including but not limited to; interviewing candidates, coaching, training, setting performance requirements and goals, developing and delivering scorecards, metrics, and conducting performance reviews.
  • Direct loan operations activities to meet established goals and appropriate turnaround time to meet regulatory requirements for time sensitive activities.
  • Assist loan operations staff with servicing of loan by performing research to resolve complex issues ensuring timely updates are provided.
  • Ensure effective risk management and compliance across Commercial Loan Servicing activities by providing guidance and training on applicable requirements and process improvements, maintaining documented procedures, and ensuring adherence to federal, state, local, and Bank policies. 
  • Provide customer service to internal and external customers; respond to internal and external audit request and findings and work to remediate any identified noncompliant processes or areas of concern.
  • May process loan operations activities in absence of staff members or peak volume
  • Document all procedures for functions and activities within the Unit
  • May work on special projects as assigned by Manager related to the Data Accuracy and accurate compliance requirements.
  • Oversee for the Certification of Beneficial Ownership (CBO) function, including workflow management, exception resolution, aging monitoring, reporting, and escalation processes to support regulatory compliance.
  • Oversee Quality Control (QC) reporting, monitoring, exception management and quality assurance activities, including review and approval of QC exceptions and enhancement of control processes.
  • Partner with IT and other business units on report development, automation initiatives, User Acceptance Testing (UAT), and implementation of quality control solutions.
  • Support the implementation and ongoing oversight of centralized callback operations, ensuring standardized procedures, service level adherence, report accuracy, operation efficiency, and effective risk management controls.
  • Perform other duties as assigned.
Qualifications
  • Bachelor Degree in Finance, Accounting, Business Administration, or Economics.
  • Minimum 5 years of experience in the loan operations industry
  • Minimum 1 years management experience
  • Strong knowledge of rules, regulations and compliance requirements concerning loan operations specific to the areas of oversight
  • Strong Customer service skills required
  • Strong analytical and problem solving abilities
  • Excellent verbal and written communication skills
  • Firm understanding of current best practices in the Loan Operations Industry
  • FIS, Synergy, Power BI, and reporting/database tools (e.g., SQL) experience preferred.
  • Proficient with Microsoft suite of office products, including Word, Excel, PowerPoint
  • Ability to build effective relationships as needed to effectively address issues and obstacles
CompensationThe base pay range for this position is USD $71,000.00/Yr. - USD $105,000.00/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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