Job SummaryThe Lending Specialist Intern works closely with the Relationship Managers to evaluate the internal workings of a loan production office. The Lending Specialist Intern may be involved with reviewing financial statements and other financial documentation to learn the basics of evaluating (underwriting) the needs of prospective and existing borrowers. The Lending Specialist Intern may also learn how to the gather and analyze credit information, for conducting preliminary company, financial, and industry analysis, and performing other basic due diligence to evaluate risk/return parameters of financing transactions. This position may participate with the Relationship Manager, Portfolio Banker or Lending Specialist in interactions with clients.Essential DutiesLearn how to understand and analyze credit data, financial statements and pertinent information for credit worthiness.Learn how to understand and spread financial statements and Federal tax returns on CASH Insight of borrowers and guarantors.Learn how to understand and analyze financial data such as revenue growth, profitability, cash flow, quality of management, and industry market share.Learn how to understand and compare liquidity, profitability, and credit histories of businesses being evaluated.Learn how to understand and monitor credit risk by periodically evaluating financial trends, credit bureau reports, pay habits, and other sources of information of the borrower and guarantor(s).Required KnowledgeBank Secrecy Act (BSA)Privacy LawsOther regulations will be reviewed as needed. 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. This position will elevate suspicious activity to supervisory staff and/or BSA department. Completes compliance and other technical training workshops as assigned. Basic Knowledge, Skills and AbilitiesTime management skillsClear understanding of the English language (spoken & written)Microsoft Office products (Excel, Word, Outlook)Basic mathematics skillsCustomer service skillsStrong typing and clerical skillsExcellent communication skillsCritical thinking, judgment and problem solving skillsAbility to actively listen and learnAbility to respectfully communicate with supervisors and co-workersOfficer Title EligibilityFor qualified positions, the Bank may designate Officer Titles to employees who meet defined competencies for an eligible position. This position is not eligible for an Officer Title.Equipment OperatedTelephonesDesktop ComputersStandard Office Equipment (copiers, fax machines)Physical Requirements & Work EnvironmentRequires repetitive movement.Requires sitting for prolonged periods of time.Requires lifting up to 25lbs.Requires using hands to handle, control or feel objects.Office setting w/controlled temperature.Education and ExperienceHigh School diploma or equivalent requiredBachelor?s degree in finance or related field, or enrollment in finance degree or related program, preferredAs 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 not been deemed to meet the test for a sensitive position, and therefore you will not 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.June 28, 2022
