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East West Bank · 1 day ago

Portfolio Officer

New York, NY

Full-time

Onsite

Mid Level

$70K/yr - $90K/yr

4+ years exp

East West Bank is a top-performing commercial bank headquartered in California, serving as a financial bridge between the East and West. The Portfolio Officer will be responsible for underwriting, credit monitoring, and portfolio management, while also focusing on client relationship management and financial data analysis to support loan requests.

BankingFinanceFinancial Services

Comp. & Benefits

No H1B

Responsibilities

Analyze and create financial loan write-ups to generate new loans

Assist in accurately risk rating loans/credits

Develop problem loan credit solutions

Work with credit analyst in reviewing existing credits

Manage relationships by analyzing financial data to determine the merits of specific loan requests, and recommend structure as well as aggressively managing the client relationship

Responsible for credit risk and quality of the portfolio

Assist with due diligence/analysis with new client relationships, opportunity memos as appropriate

Partner with the Business Relationship Manager as the point of a contact for the client; acting as a liaison to the Credit Department, the Commercial support staff, and other internal business partners

Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts and ongoing repayment ability of all other accounts. May assume overall responsibility for the credit quality of the loan portfolio

Prepare presentations on specific loans and participate in the bank’s Loan Approval Process, recommending approval and appropriate structure of credits

Manage the renewal process by working with the Business Relationship Manager, the client, and the credit department

Act as a contact manager for non-borrowing accounts and loan clients for matters relating to other banking services

Performs other duties as assigned

Qualification

Portfolio managementUnderwriting skillsCredit policy knowledgeBanking experienceFinancial analysisMicrosoft OfficeCommunication skillsProblem solving

Required

Bachelor's degree or equivalent preferred

4+ years of banking experience with a minimum of 1-2 years of direct portfolio management experience

Demonstrates strong underwriting and projection skills

Strong understanding of credit policy and procedures; able to accurately risk-rate loans/credits, evaluates both cash-flow and collateral-based loans/credits

Develop problem loan credit solutions

Ability to work collaboratively across functions within the Bank

Knowledge and understanding of banking products, market, and business trends

Excellent communication (written and verbal) and interpersonal skills

Proficiency in Microsoft Office