Collateral Analyst

East West Bank•New York, NY

15h•Onsite

About The Position

East West Bank is currently seeking a Collateral Analyst, Commercial (Structure Finance) Banking for their New York Office. As an East West Bank employee, you will be part of a rapidly-growing and financially strong organization that provides career path development opportunities while serving a large and profitable market.

Requirements

Bachelor's degree preferably in finance and/or accounting, or combination of education with working knowledge of finance/accounting
Minimum one year experience with Asset Based Lending Collateral Monitoring and/or prior commercial lending experience
Each team member must have knowledge of BSA/AML/OFAC laws/regulations, understand how these obligations relate to his/her role, and comply with these laws and regulations
Efficient in use of commercial loan systems (M & I) & (OnTrack)
Understanding of regulatory compliance regarding commercial lending
Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

Responsibilities

Update, track and follow up with customer’s financial & collateral reports due on a daily and quarterly basis to ensure they are meeting their financial requirements as per loan agreements
Investigate and follow-up with customers and internal departments on reporting exceptions and aged/outstanding issues
Update monthly/quarterly trend cards from borrowing base reports
Prepare and distribute interest/fee statements for monthly settlements
Investigate interest/fees discrepancies with internal departments and customers
Upload and manage files
Assist with any Ad-hoc projects
Prepare the reporting status for weekly meeting of aged/outstanding financial reports to be followed up with action plan and update CASH-OnTrack with comments
Upload and manage data files in the Sharefiles on a daily/monthly basis where EWB is lead agent to ensure all Participant banks have been notified accordingly
Back up coverage on daily advances for holiday/sick leave of other colleagues
May perform other duties as assigned