Credit Analysis Officer (NE)

General Summary

Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals.

Essential Functions

• Reviews existing and new loan exposures, proposed extensions of credit and financial information;
• Evaluates credit structure and terms;
• Determines sources and uses of funds;
• Analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors;
• Reviews and evaluates collateral periodically to minimize credit exposure;
• Authors credit approval analysis report;
• Maintains up-to-date knowledge on all Bank lending policies and regulations;
• Confers with the appropriate Bank personnel regarding lending requirements and regulations;
• Supports lending management team by monitoring performance of borrowers, identifying problem credits, and taking a proactive approach toward resolution;
• Reviews risk grading on an ongoing basis to identify potential credit issues;
• Escalates potential credit issues to Team Manager, Division Manager and Account Officer.

Qualifications

• Education: College degree in Finance, Accounting, Business or related field preferred with some level of accounting coursework.
• Experience: Knowledge of credit, accounting, credit procedures and financial statement analysis. 1-2 years of corporate commercial lending and / or banking experience preferred but not required. A good knowledge of accounting, lending regulations and credit practices are a plus but not required.

Skills/Ability

• Organizational and analytical skills and strong verbal and written communication skills to present clear and precise recommendations based upon analysis of a loan structure and request.
• Ability to think intuitively and work independently and in teams and interact effectively with most levels of Bank personnel and outside contacts.
• Proficient in Microsoft Office (Word, Excel, and Outlook) and financial spreading program.

Other Details

• Pay: $35.43 – $39.81 / hour Pay determined based on job-related knowledge, skills, experience, and location.
• Benefits: Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

Details

• Contact Information: Mickey Hsu, FVP, Employee Relations Manager, (626) 582-7370 or mickey.hsu@cathaybank.com.
• Equal Opportunity and Affirmative Action Employer: Cathay Bank welcomes applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.