Mechanics Bank

General

• Handle problem commercial loans, including C&I and Commercial Real Estate credits
• Work with the Retail Special Assets group when action is necessary on consumer loans
• Oversee REO properties as needed
• Facilitate resolution of loans in default or with other high-risk characteristics
• Assess issues with problem loans and independently develop and recommend resolution strategies
• Identify the most cost-effective resolution for loans and REO properties: retain, exit, or liquidate
• Underwrite loan modifications and prepare periodic reports for assigned portfolio loans
• Develop and implement repayment plans for problem loans
• Negotiate loan modification terms with clients
• Recommend risk-rating changes and charge-offs
• Present recommendations and action plans to senior management to minimize further credit losses
• Serve as primary contact with third parties for monitoring, servicing, restructuring, collecting, liquidating, and pursuing legal action involving the problem loan portfolio
• Adhere to applicable federal and state laws, regulations, guidance, and Bank policies and procedures

Senior Special Assets Officer

Analyst

• Provide work direction and guidance to Fraud Prevention Analysts
• Conduct analysis to identify trends relating to fraudulent or suspicious activity involving payment services issuers, acquirers, and merchants
• Research account activity and assess risk levels
• Perform fraud monitoring for in-clearing and internal On Us Checks, Deposits, Large Wire Transfers, and ACH transactions
• Review suspicious activity promptly to mitigate potential risks
• Assist in training new employees and provide oversight of day-to-day department functions
• Serve as a subject matter expert for employees
• Research potential fraud and communicate possible solutions
• Verify potential fraud involving On Us Checks, Deposits, and ACH transactions using the Bank’s Fraud Detection System
• Communicate fraudulent transactions with Management and notify branch operations regarding questionable items
• Monitor customer and transactional records to identify unauthorized transactions and fraudulent accounts
• Maintain confidentiality of investigation information and keep Fraud Logs updated
• Track and retain return data for reference and reporting
• Interact with the bank and customers to validate information and confirm or cancel authorizations
• Monitor Online Interfaces and resolve communication-line issues with appropriate vendors
• Perform end-of-day balancing with the Federal Reserve, Core Deposits system, and foreign exchange correspondent relationship
• Research and resolve wire validation errors

Senior Special Assets Officer

Lead Fraud Prevention Analyst