Loan Officer II

Responsibilities

• Keep abreast of industry changes, local economic, financial, and legislative events that may impact commercial lending activities.
• Analyze cash flow, liquidity, profitability, leverage, and other financial ratios to evaluate collateral and other relevant credit information.
• Prepare loan presentations that include all pertinent information associated with the overall risk of the loan, identifying strengths and weaknesses of the borrower’s surrounding credits.
• Recommend or deny loan requests in conformance with banking regulations and the Bank’s loan policies and procedures.
• Gather documents to perfect the security interest in collateral, if applicable.
• Detect early warning signs of problem loans and immediately notify a supervisor, Chief Credit Administrator, Loan Review, or Loan Servicing.
• Monitor loan covenants and conditions per loan agreement and report any violations to the manager.
• Assist in loan closing and funding, including obtaining signatures on loan documents according to the Bank’s procedures.
• Analyze collateral values and insurance coverage.
• Collect loan accounts and overdraft information.
• Submit reports of calls made and document customer contact.
• Meet customers regularly and seek opportunities to grow relationships.
• Conduct site visits and on-site interviews under the supervision of a portfolio manager.
• Comply with regulatory requirements, including but not limited to: Reg B, HMDA, Bank Secrecy Act, OFAC, USA Patriot Act, CRA, Privacy, and Security.
• Comply with the Bank’s security program, including reviewing and adhering to the End-User Computing Agreement.
• Acquire knowledge of computer systems as related to assigned job functions and stay current on industry trends in safeguarding the Bank against data leaks, identity theft, fraudulent activities, and security threats.
• Report suspicious activities to the manager, Chief Risk Officer, or Information Security Officer.
• Mentor junior lending staff.
• Occasional local travel is required, including participation in client meetings with Relationship Managers.
• Participate in community organizations and/or events to help the Bank meet its CRA objectives.
• Perform all other reasonable duties as assigned.

Requirements

• Bachelor’s Degree, preferably in Accounting and Finance.
• 3-5 years of commercial lending experience.
• Korean bilingual preferred.
• Intermediate proficiency with MS Applications.

Pay

The salary range for this full-time position is $85,000.00 - $95,000.00 annually, plus bonus and benefits. Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on skills and experience.

Benefits

This position includes benefits.