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Cathay Bank · 3 months ago

AVP, Loan Review Officer

El Monte, CA, USA

Full-time

Onsite

Mid Level

$90K/yr - $105K/yr

3+ years exp

Cathay Bank is a financial institution that emphasizes a caring culture and the growth of its employees. The AVP, Loan Review Officer will analyze loans for credit quality, ensure adherence to bank policies, and prepare comprehensive reports for management, while also assisting in the loan sampling process.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Primarily responsible for assessment of the accuracy of assigned internal credit risk ratings, non-compliance with Bank policies and procedures, loan weaknesses and violations of laws and regulations so that timely corrective actions can be taken

Assists in the development and execution of the annual Loan Review Plan for comprehensive portfolio reviews to determine asset quality and portfolio management effectiveness, continuous portfolio monitoring, and targeted reviews

Assists Examiner-in-Charge in the performance of examinations, and eventually independently leads the examinations of less complex or smaller loan portfolios

Performs risk-based reviews of Bank loan portfolios to identify current or potential problems, as well as positive elements, regarding the assessment of credit risk and the administration of Bank credit/loan exposure

Identifies, recommends and effects process changes as it is related to credit risk management activities, regulatory statutes, credit policy and general credit underwriting guidelines

Interprets and evaluates Bank Credit Policy and assures that proper credit controls are in place to appropriately manage credit risk. Monitors adherence to such policies and validates that exceptions are adequately identified, fully justified and properly approved

Acts as internal advisor/partner to Bank's line units regarding loan and credit matters and provides guidance in areas that require further development

Maintains awareness of the current regulatory/industry trends impacting the Bank's credit areas

Promotes teamwork within the department to ensure that knowledge and experience is shared among team members

Prepares departmental reports and other portfolio reporting as requested by management

Completes all required training and special projects as requested

Participates in due diligence reviews for portfolio acquisitions, and mergers

Qualification

Commercial lending experienceCredit risk analysisLoan review functionExcel proficiencyProject management skillsInterpersonal skillsWritten communication skillsVerbal communication skillsTeamwork

Required

Bachelor's degree in accounting, business administration, finance, or economics

3-5 years of commercial lending experience with at least three years in a credit/loan review function, preferably in a commercial banking environment

Experience as a bank examiner, or with a consulting/accounting firm is also acceptable

A thorough understanding of analyzing various types of commercial and middle market credits

Understanding of high net worth and private client lending and retail loan products

Must be able to work successfully in a client focused, consultative work environment

Strong interpersonal skills, verbal and written communication skills, and project management skills

Thorough knowledge and operational skills in the use of computers and various software packages, including Excel and Word

Preferred

Education: Bachelor's degree in accounting, business administration, finance, or economics preferred

Experience in specialized lending such as asset-based lending (ABL), energy (including oil & gas), shared national credits (SNC), and syndicated lending is a plus

Previous experience in leading teams responsible for credit analysis and assessment is desirable

Benefits

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

Flexible spending accounts (FSAs)

Health saving account (HSA) with company contributions

Voluntary coverages

401(k)

Company

Cathay Bank

Glassdoor3.1

Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.

Founded in 1962

El Monte, California, USA

1001-5000 employees

https://www.cathaybank.com/

H1B Sponsorship

Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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2020 (1)