Collateral Analyst

East West Bank•New York, NY

1d•Onsite

About The Position

East West Bank is seeking a Collateral Analyst, Commercial (Structure Finance) Banking, for its New York office. The role supports commercial lending operations by monitoring customer financial and collateral reporting, following up on reporting exceptions, maintaining borrowing-base trends, and preparing interest and fee statements. The analyst also manages reporting and data files, tracks outstanding items for weekly meetings, and provides backup coverage for daily advances. The position offers career path development opportunities within a growing commercial bank.

Requirements

Bachelor's degree, preferably in finance and/or accounting, or a combination of education and working knowledge of finance/accounting.
Minimum one year of experience with Asset Based Lending Collateral Monitoring and/or prior commercial lending experience.
Knowledge of BSA/AML/OFAC laws and regulations, understanding how these obligations relate to the role, and compliance with these laws and regulations.
Proficiency with commercial loan systems (M & I) and OnTrack.
Understanding of regulatory compliance regarding commercial lending.
Legal authorization to work in the United States; visa sponsorship is not offered.

Responsibilities

Update, track, and follow up on customer financial and collateral reports due daily and quarterly to ensure compliance with financial requirements in loan agreements.
Investigate and follow up with customers and internal departments regarding reporting exceptions and aged or outstanding issues.
Update monthly and quarterly trend cards from borrowing base reports.
Prepare and distribute interest and fee statements for monthly settlements.
Investigate interest and fee discrepancies with internal departments and customers.
Upload and manage files.
Assist with ad hoc projects.
Prepare weekly meeting status reports on aged or outstanding financial reports, including action plans, and update CASH-OnTrack with comments.
Upload and manage data files in Sharefiles daily or monthly where East West Bank is lead agent, ensuring participant banks have been notified.
Provide backup coverage for daily advances during colleagues' holiday or sick leave.
Perform other duties as assigned.