SBA Portfolio Officer

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Greater China, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities. Our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, an enterprising spirit, and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

About the role

This position will be responsible for the risk management of the SBA portfolio in accordance with East West Bank and US SBA policies and procedures. As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.

Responsibilities

• Monitor, review, and recommend servicing & liquidation action on the existing SBA 7a & 504 portfolio in accordance with SBA’s SOP 50 57 and Bank’s policy
• Analyze financial data to support the risk rating and/or special loan requests
• Support the SBA team by following up on tickler items, delinquent property tax, insurance policy, etc. to ensure compliance with the terms of the loan
• Process loan sales according to the Bank’s procedure and instruction
• Serve as the first line of defense for loans by monitoring the SBA portfolio for signs of credit deterioration and take necessary action to collect on past due loans
• Prepare reports to inform SBA manager, credit supervision, and senior management on the status of the SBA portfolio
• Assist with audits, guarantee purchase packages, and other special projects
• Respond promptly to internal and external inquiries
• Cross-sell deposit, trade, treasury management, foreign exchange, private banking, asset management, and other services
• Perform other duties as assigned

Requirements

• 5+ years of commercial banking experience preferred
• Bachelor’s degree required
• In-depth knowledge of SBA SOP 50 57 Servicing and Liquidation
• Good knowledge of the financial institution's commercial and consumer lending procedures
• Demonstrated effective communication skills, teamwork orientation, initiative, and self-motivation
• Flexible and adaptable to a dynamic environment
• Ability to work under pressure and meet deadlines
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
• Strong work ethic and self-motivation
• Strong verbal, written communication, and organizational skills
• Legal authorization to work in the United States (no visa sponsorship offered at this time)

Pay

The base pay range for this position is USD $71,000.00/Yr. - USD $110,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.