Apply on Employer Site

Cathay Bank · 2 days ago

Credit Analyst l

El Monte, CA

Full-time

Onsite

Entry Level

$20/hr - $21.63/hr

1+ years exp

Cathay Bank is a financial institution that values its team members and fosters a caring culture. The Credit Analyst will perform financial analysis on statements and tax returns, assist Account Officers in credit recommendations, and monitor borrower compliance with financial covenants.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Manages ticklers and covenants and monitors receipt of financial documents pertaining to the existing credits using nCino. This may include financial statements for borrowers, owners and/or guarantors, tax returns, financial spreads, collateral information, covenants, borrowing base, credit reports, and projections

Prepares and analyzes financial spreads using nCino for private and public companies, prospect, individual and corporate tax returns according to the standard classification and guidelines established by the Bank

Prepares individual and global cash flows

Calculates covenant compliance based on Borrower’s Loan Agreement (BLA)

Forwards completed spreads to lending unit. Identifies and notifies lending unit of covenant violations and escalates to Credit Administrators as required

Maintains up-to-date knowledge on all Bank lending policies and regulations

Maintains up-to-date knowledge in financial spreads and basic GCF process

Completes quality spreads with supervision

Qualification

Financial statement analysisCash flow analysisNCino proficiencyAccounting knowledgeCredit policy knowledgeMicrosoft OfficeAnalytical skillsOrganizational skillsVerbal communicationWritten communicationTeam player

Required

Good working knowledge of accounting

Good working knowledge of credit policy

Good working knowledge of financial statement analysis

Good organizational and analytical skills

Good verbal and written communication skills

Ability to work successfully both independently and as a team player

Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook)

Preferred

College degree in Finance, Accounting, Business, or related field preferred

2 years related experience in credit or financial analysis

Minimum one year (prefers two) of working experience in analyzing financial statements

Familiarity with various industries, collateral issues and values

Analysis of guarantor personal financial statements and tax returns

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)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2020 (1)