Ken Mobeck Email & Phone Number

California, United States

Los Angeles, California, United States

Managed Loan Administration and Construction Disbursement departments, consisting of 8 loan documenters and 11 construction disbursement employees. • Achieved significant reduction in disbursement processing time by consolidating the function, enhancing overall operational efficiency.• Introduced risk-based approach to operations, focusing on Key Performance Indicators (KPIs) to monitor and improve the scanning process post-loan closure.• Managed portfolio consisting upwards of 200+ construction loan disbursements and roughly 125 loans in the pipeline at any one time.• Demonstrated ability to handle large-scale responsibilities while maintaining a focus on process improvement and efficiency.• Implemented rigorous Quality Control process, conducting self-audits to compare documents against loan approvals, and ensure accuracy and compliance.• Successfully implemented targeted initiatives, creating collaborative work environment.

Inglewood, California

Managed team of 6, including one supervisor and individual contributors, overseeing their professional development, performance, and overall effectiveness.• Spearheaded comprehensive training initiative to fill critical gaps, by conducting one-on-one and group sessions to enhance staff's business acumen and knowledge. • Reduced time spent by 75% by innovatively creating and implementing automated reporting system, which provided clear audit trail and increased overall efficiency.• Instituted effective processes to mitigate risks and ensure compliance, enhancing team's ability to navigate complex regulatory requirements.• Served as Board Committee Member for ALCO-Asset Liability Committee and Internal Asset Review Committee.

Century City, Ca

Managed private banking and real estate groups, overseeing professional development and performance of about 20 individuals. Under Real Estate division, led growth of newly established department from 2 to 18 individuals. • Oversaw team in successfully handling significant portfolio, managing pipeline upwards of 260 loans and closing an impressive 160-180 loans per month.• Instituted centralized portal for real-time tracking of loan processing status, providing comprehensive reports, and improving transparency between teams.• Conducted thorough evaluation of workload and staffing, ensuring the right personnel were in place to effectively manage job demands and optimizing overall process.

Los Angeles, Ca

• Spearheaded establishment of new department to assist the special assets group during City National Bank’s acquisition of Imperial Capital Bank, navigating complex scenario involving FDIC and transition of loans.• Demonstrated expertise in mergers and acquisitions within the banking industry, contributing to the successful onboarding and training of incoming employees from acquired banks.• Successfully managed foreclosure processes, documentation, and reporting requirements for the special assets group, ensuring compliance with regulatory standards and providing necessary reports to staff and management. • Served crucial role bringing in different banks under City National Bank's umbrella, leveraging expertise to integrate and optimize processes for enhanced efficiency and performance.

Glendale, Ca

Managed all areas of loan servicing department and team of 24, ensuring proper servicing of bank’s loan portfolio.• Managed team of loan servicing employee through tremendous growth by 3x, while leaning into efficiencies.• Served integral role in becoming rated servicer with FITCH and Standard and Poor’s, by showcasing proper processes, procedures, and safeguards in place. • Oversaw all aspects of loan servicing, including customer service, payment processing, insurance and tax disbursements, escrow analysis, new loan boarding, quality control, and foreclosure processing.

Northridge, Ca

Responsible for various bank wide projects and represent the Escrow Management Division on other projects that potentially affect the Escrow Department. Work with management and staff to offer suggestions to streamline their current functions. Working to automate branch and loan servicing processes as well as consolidation of various functions. Formatting new Policy and Procedures in connection with the consolidation and automation. Assist areas to reduce their tasks and more efficiently use the servicing system. Download data from the system to analyze potential issues as well as streamlining of daily functions. Supply daily and monthly figures to management to monitor trends internally and externally.

Responsible for supervision over the Insurance, Claims, Tax, Analysis, Customer Service and Reconveyance Departments. Servicing 1 to 4 residential, Multi-Family, Commercial, Subprime and HELOC loans. Assure that Policy/Procedures for those areas are followed and kept up to date. Oversee overall escrow functions approve and disapprove payment plans for Insurance and taxes. Review and follow-up on Insurance damage claims. Balance Department G/L’s and assist with yearly Department budget. Responsible for reviews, new hires and counseling to resolve personnel issue if necessary.

Woodland Hills, Ca

Responsible for all system and cash activity on all Sold/Service Release loans to various investors, including Investor Reporting for private investors. Handle all payoffs from start to finish. Also utilized as relief in all areas of loan servicing due to overall loan servicing skills.

ConsultantHome Lenders, Redondo Beach, Ca 08/92 - 10/92Title I Servicing SupervisorOlympic National Bank, Los Angeles, Ca. 11/91 - 10/92Loan Service ManagerTennecal Funding Corporation, Woodland Hills, Ca. 04/91 - 10/91Insurance / Tax Department SupervisorCoastline Financial Corporation/S&L Mortgage Services, Inc., Reseda, Ca 08/89 - 04/91GNMA I Senior TechnicianMetmor Financial Inc., Los Angeles, Ca. 08/87 - 08/89Investor Reporting SpecialistCharter Oaks Mortgage Corporation, Los Angeles, Ca. 03/86 - 08/87Investor ReporterWeyerhaeuser Mortgage Company, Woodland Hills, Ca. 10/82 - 03/86