Credit Analyst

Bank of Hope • Buena Park, CA

6h • $26 - $29 • Onsite

About The Position

We are currently seeking a Credit Analyst to support our Commercial Lending Unit.

Requirements

• Associates Degree preferably in Accounting or Finance.
• English: Written: Advanced Verbal: Fluent
• Korean: Written: Intermediate Verbal: Conversational
• Computer/Systems Knowledge Requirements: Basic
• 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

Benefits

• bonus
• benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree