Credit Analyst

Bank of Hope•Buena Park, CA

6d•Onsite

About The Position

We are currently seeking a Credit Analyst to support our Commercial Lending Unit. This role involves a range of responsibilities including loan processing, maintenance, monitoring, and ensuring compliance with regulatory requirements. The Credit Analyst will also provide administrative support and seek opportunities to grow customer relationships.

Requirements

Associates Degree preferably in Accounting or Finance.
Written English: Advanced
Verbal English: Fluent
Written Korean: Intermediate
Verbal Korean: Conversational
Basic Computer/Systems Knowledge Requirements
Excellent written and oral communication skills.
Excellent presentation skills.

Responsibilities

Collect necessary documents from clients and maintain well organized credit files.
Spread financial statements or tax returns to generate relevant ratios including DCRs under the supervision of a portfolio manager.
Assist in loan closing and funding including obtaining signatures on loan documents according to the Bank’s procedures.
Prepare credit memos that are simple or with minor complexity; and present credit memos to appropriate lending authority for approval.
Monitor loan covenants and conditions per loan agreements and report violations to portfolio managers or relationship managers.
Prepare simple credit memos to report covenant/condition violations and to approve modifications and to make cash secured loans.
Process daily line advances for lines of credit and follow up on expired insurance policies.
Prepare various internal reports and payments such as LAR, monthly G/L certification, and invoices.
Conduct site visits and on-site interviews under the supervision of a portfolio manager.
Comply with regulatory requirements including Reg B, HMDA, Bank Secrecy Act, OFAC, and USA Patriot Act, CRA, Privacy, and Security.
Comply with the Bank’s security program, including but not limited to: Review and comply with the End-User Computing Agreement.
Acquire good knowledge on functions and usage of computer systems as related to the assigned job functions.
Be current and knowledgeable in industry’s trend in safeguarding the Bank against confidential data leak, identity theft, fraudulent activities, and computer security threats.
Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.
Provide administrative support to loan officers, portfolio managers, relationship managers.
Seek opportunities to grow relationship with customers.
Participate in community organizations and/or events to help the Bank meet its CRA Objectives.
Assume additional duties as requested.