Job Abstract

• Loan Processing:
  • 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.

• Loan Maintenance/Monitoring:
  • 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.

• Compliance:
  • 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.
• Other Responsibilities:
  • 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

Job Qualifications/Requirements

• Minimum Education Level: Associates Degree preferably in Accounting or Finance.
• English: Written: Advanced Verbal: Fluent
• Korean: Written: Intermediate Verbal: Conversational
• Computer/Systems Knowledge Requirements: Basic
• Required: Excellent written and oral communication skills.
• Required: Excellent presentation skills.
• Required: Ability to respond effectively to the most sensitive inquiries or customer complaints.

The salary range for this full-time position is $24.04 Hourly - $28.85 Hourly + bonus + benefits

Salary ranges are determined based on qualifications, level, and location.

Exact compensation may vary based on your skills and experience.

Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.