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Cathay Bank · 3 months ago

Credit Analysis Officer

El Monte, CA, USA

Full-time

Onsite

Entry, Mid Level

$26.44/hr - $31.25/hr

2+ years exp

Cathay Bank is a financial institution that values its team members and promotes a caring culture. The Credit Analysis Officer will participate in the loan management process, providing financial analytical skills and credit knowledge to support Relationship Managers in analyzing loan transactions and borrower credit worthiness.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Prepare financial statement and global cash flow spreads for existing and new clients, evaluates cash flow that supports proposed credit structure analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors

At the direction of the Team Manager and/or in concert with the Relationship Manager, contact borrowers directly, as appropriate, for additional information and details related to loan requests or clarification of financial materials and resources

Prepare credit write-ups that include in depth financial analysis, an understanding of key ratios, trends and financial covenants

Review and evaluate collateral periodically to minimize credit risk

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

Confer with the appropriate Bank personnel regarding new/existing lending requirements and regulations

Review risk grading as appropriate to credit analysis to identify potential credit issues

Escalate potential credit issues to Team Manager, Division Manager and Relationship Manager

Qualification

Financial analysisCredit analysisCommercial credit knowledgeMicrosoft OfficeNCinoCASHAnalytical skillsIndependenceOrganizational skillsCommunication skillsTeamwork

Required

College degree in Finance, Accounting, Business, Economics or related field required

Minimum 2-3 years of working experience in analyzing and underwriting varying levels of commercial credit (C&I or CRE transactions), which includes analyzing financial statements, cash flow analysis, familiarity with various industries, collateral issues and values, loan structuring and analysis of guarantor personal financial statements and tax returns

Working knowledge of credit, accounting, credit procedures and financial statement analysis

Good knowledge of commercial credit policies and procedures

Excellent organizational and analytical skills

Good verbal and written communication skills to present clear and precise recommendations based upon analysis of a loan structure and request

Ability to work independently, in a team, and interact effectively with Bank team members and outside contacts

Proficient in Microsoft Office (Word, Excel, and Outlook) and financial spreading program, nCino (or CASH)

Preferred

MBA a plus

Some level of accounting coursework is required

Benefits

Coverage for 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)