Hanmi Bank · 5 days ago
Credit Officer II
Irvine, CA, US
Full-time
Onsite
Mid Level
$69K/yr - $113K/yr
4+ years expHanmi Bank is seeking a Credit Officer II who will be responsible for assisting with credit underwriting and analysis of loan requests across various lending sectors. The role involves conducting credit analyses, preparing loan submissions, and ensuring compliance with banking regulations while monitoring customer accounts to maximize credit quality and minimize risk.
BankingFinancial Services
Responsibilities
Assists with credit presentations to include financial statement spreads, covenant testing, collateral analysis, obligor/facility ratings, cash flow analysis, relationship exposure, and underwriting
Actively evaluates property, sponsorship, global cash flow (using Company approved software) /contingent liability of the loan/guarantor on a deal by deal basis
Conducts site visits, meetings, and interviews with borrowers
Prepares file approval memorandums summarizing results and validates Credit Risk Ratings in compliance with the Company’s policy and procedures
Monitors delinquencies, covenant compliance, etc
Provides direct support to Senior Credit Officers/Credit Manager to develop and analyze all relevant credit information in conjunction with account officers pertaining to more complex commercial and business loans
Makes recommendations for approval or non-approval
Works with processing/funding to ensure accurate flow of information in documents to provide efficient closing of loan funding
Attends, prepares and presents new and additional credit proposals in loan committee meetings
Tracks credit package completions
Requests re-documentation of loans that have undergone name, organizational or address changes
Assists in preparation of loan approval document such as account numbers, balances and entities
Provides customer service including meeting and greeting customers in person and on the phone
Proficiency in analyzing business and individual tax returns/financial statements to identify recurring and non-recurring sources of cash flow (identification of cash versus non cash income on K-1 statements, schedule E, etc.)
Preparation of basic and/or preliminary analysis on the Company and its Guarantors. Analyses shall identify the purpose of the loan, sources of repayment, appropriateness of proposed structure, risks and mitigants (financial, business and or industry) associated with the proposal. Candidates must also be able to track financial and reporting covenants that monitor the credit, mitigate risks and meet the bank’s credit policy guidelines
Performs thorough analysis of combined DSCR for underwriting of guarantors
Proficiency in analyzing credit and other reports on companies and individuals. Conduct research on specific industries or companies
Reviews formation documents for Borrowers. Determine appropriate Borrower signing authority. Candidates must be able to identify the requisite formation documents for different business entities (C-corp, Limited partnerships, General partnerships, Trusts, etc.) and be able to review such documents for accuracy. Order and review good standing certificates, UCC Searches and other applicable compliance documentations
Reviews loan documentation for consistency and accuracy relative to the approved credit narratives and compliance with the Bank’s credit guidelines. This requires working with the Borrower, Commercial Loan Operations, and in some instances, outside legal counsel
Monitors existing credit facilities for financial and reporting covenant compliance. Preparation and continual review the compliance log to ensure updated financial information and covenant compliance. Notify Borrower and Guarantor of missing reports and non-compliance with terms of their Agreement. Correspond with Loan Monitoring Group and Credit Administration on recommended waivers, amendments, etc. Focus on early identification of problem loans and assist Portfolio Managers, Business Bankers and Credit Administration to take appropriate action. Candidates should understand risk ratings and be able to provide recommendations for changes in current rating
Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions
Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action
Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values
Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct
Performs duties specific to the position and other functions as assigned
Qualification
Required
Bachelor's degree and 4+ years of experience in commercial or SBA lending – specifically, property cash flow analysis and appraisal valuation methods
Commercial or SBA analysis/underwriting experience a plus
Commercial business analysis skills (secondary to CRE analysis experience) a plus
Financial analysis experience of business or CRE investment financial statements, CRE investment tax returns and individual's financial statements and tax returns
The ability to present written credit memorandums in a clear, succinct manner, present credits to management/board loan committee
Intermediate experience, knowledge and training in all lending activities and terminology
Able to make a conclusive recommendation based on independent analysis
Able to handle multiple transactions at once and work well in a team-oriented environment
Strong customer service skills, relationship development and management skills
Intermediate skills in computer terminal and personal computer operation; mainframe computer system; word processing and spreadsheet software programs
Intermediate typing skills to meet production needs of the position
Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs
Exceptional verbal, written and interpersonal communication skills, with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees
Ability to deal with complex problems involving multiple facets and variables in non-standardized situations
Ability to work with no supervision while performing duties
Benefits
Paid sick time off
Vacation leave
Paid holidays
Medical, dental, vision, life and disability insurance packages for employees and dependents
Various other voluntary benefit offers
Optional retirement accounts
Company
Hanmi Bank
Hanmi Bank was founded with the goal of catering to a growing Korean-American community.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2001-01-29IPO
Leadership Team
Bonnie Lee
President & CEO
Navneeth Naidu
EVP, Chief Technology Officer
Recent News
2025-10-24
Hanmi Bank
2025-10-22
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