Loan Portfolio Officer

Job description:

GENERAL SUMMARY

Following established policies and procedures, the Loan Portfolio Officer is responsible for maintaining and monitoring the existing portfolio and growing/developing the client relationship. Work with the Underwriting Department to provide required information for loan underwriting on both new and renewal credits. Product types include all facets of commercial loans and construction loans.

ESSENTIAL FUNCTIONS

• Under the direction of the Team Manager, maintain and monitor a loan portfolio which includes evaluating, recommending and structuring loans; monitoring quarterly financial statements, and addressing any issues; as well as recommending loan amendments and renewals based on client needs.
• Ensure compliance with Bank, regulatory and credit requirements with emphasis on quality client service.
• Prepare and review various reports such as credit underwriting documents, compliance checks, financial spreads, past due reports, tickler reports, exception reports, and pipeline reports, etc.
• Assist clients and follow up on outstanding items such as analyzing client financial statements and verifying covenant compliance.
• May assist with training of loan assistants.

OTHER DETAILS

$26.44 $38.46 / hour
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.

Qualifications:

QUALIFICATIONS

• Education: College graduate with major in business, finance, or accounting preferred.
• Experience: Minimum 2 years of experience in corporate commercial lending in credit analysis or portfolio management required. Thorough knowledge of lending regulations and underwriting practices preferred.
• Focus on CRE lending, more than commercial lending
• Skills/Ability: PC proficient. Strong verbal and written communication skills. Bilingual (English/Mandarin or Cantonese) a plus. Organized and detail oriented. Good credit knowledge of Banks credit underwriting policies and approval process for assigned loan. Ability to work effectively in a fast-paced, high production environment. Strong financial analysis and accounting skills.

Why is This a Great Opportunity:

Strong benefits and employee well-being supportCompany offers a comprehensive benefits package including medical, dental, vision, life and disability insurance, flexible spending accounts or health savings accounts, paid time off (vacation, sick, holiday), and an Employee Assistance Program (EAP). They also run a Well-Being Program that rewards healthy habits and offers medical premium discounts to participants underlining the banks commitment to health and wellness.

Commitment to career growth, learning, and developmentThe bank invests in training and career development for its staff, including leadership and management training as well as opportunities for inter-department transfers and online learning. They have formal programs for newly promoted supervisors/managers and senior leaders (e.g., Emerging Leadership I / II) to help employees grow professionally and succeed in higher roles.

Inclusive, supportive, and respectful cultureCompany emphasizes respect, mindfulness, and transparency valuing diversity of backgrounds and experiences among team members.
Recognized as an employer of choice
The Bank has been honored as a U.S. Best-in-Class Employer by Gallagher for consecutive years