Portfolio Officer - CBG

About the role

You will be responsible for commercial loan underwriting and credit monitoring/reporting. As part of loan underwriting, you should be able to perform financial analysis and cash flow analysis with good analytical skills. You will also be asked to monitor financial covenants and reporting conditions per loan agreement and to report any violation to manager.

Responsibilities

• Submit credit approval memo in timely manner for loan approval.
• Present the loan package to appropriate lending authority for approval.
• Keep abreast of industry changes, local economic, financial and legislative events which may have an impact on commercial lending activities.
• Analyze cash flow, liquidity, profitability, leverage and other financial ratios and be able to come to various conclusions, including evaluation of collateral and other relevant credit information.
• Prepare loan presentations that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of borrower’s surrounding credits.
• Recommend or deny loan requests in conformance with banking regulations and 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 immediate notification to a supervisor, Chief Credit Administrator, Loan Review, or Loan Servicing.
• Monitor loan covenants and conditions per loan agreement and report any violation to manager.
• Aid 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 relationship.
• 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, and USA Patriot Act, CRA, Privacy, and Security.
• Report suspicious activities to manager, Chief Risk Officer or Information Security Officer.
• Mentor junior lending staff.

Qualifications/Requirements

• Education/Credentials: Minimum Education Level: Bachelor’s Degree, preferably in Accounting and Finance
• Minimum Job Experience: 3-5 years of commercial lending experience
• Skills: Language requirements: Korean bilingual preferred; Computer/software skills: Intermediate with MS Applications

Benefits

The salary range for this full-time position is $85,000.00 annually - $90,000.00 annually + bonus + benefits. Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.