A Portfolio Officer who will be responsible for underwriting, credit monitoring, and portfolio management for the team. This position will be also responsible for retention and expansion of excising client relationship, analyze financial data to determine the merits of loan requests, recommend structure, as well as identify cross selling/refer opportunities of other deposit services. As an East West Bank employee, you will be part of a growing and stable organization that provides career path de... more details
Portfolio Officer
LocationUS-CA-Pasadena
Job ID
2024-11133
Category
Sales/Business Development
Position Type
Full-Time
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview
We are currently seeking a Portfolio Officer who will be responsible for underwriting, credit monitoring, and portfolio management for the team. This position will be also responsible for retention and expansion of excising client relationship, analyze financial data to determine the merits of loan requests, recommend structure, as well as identify cross selling/refer opportunities of other deposit services.
As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.
Responsibilities
Analyze and create financial loan write-ups to generate new loans
Assist in accurately risk rating loans/credits
Develop problem loan credit solutions
Work with credit analyst in reviewing existing credits
Manage relationships by analyzing financial data to determine the merits of specific loan requests, and recommend structure as well as aggressively managing the client relationship
Responsible for credit risk and quality of the portfolio
Assist with due diligence/analysis with new client relationships, opportunity memos as appropriate
Partner with the Business Relationship Manager as the point of a contact for the client; acting as a liaison to the Credit Department, the Commercial support staff, and other internal business partners
Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts and ongoing repayment ability of all other accounts. May assume overall responsibility for the credit quality of the loan portfolio
Prepare presentations on specific loans and participate in the bank’s Loan Approval Process, recommending approval and appropriate structure of credits
Manage the renewal process by working with the Business Relationship Manager, the client, and the credit department
Act as a contact manager for non-borrowing accounts and loan clients for matters relating to other banking services
Performs other duties as assigned
Qualifications
Bachelor’s degree or equivalent preferred
4+ years of banking experience with a minimum of 1-2 years of direct portfolio management experience
Demonstrates strong underwriting and projection skills
Strong understanding of credit policy and procedures; able to accurately risk-rate loans/credits, evaluates both cash-flow and collateral-based loans/credits
Develop problem loan credit solutions
Ability to work collaboratively across functions within the Bank
Knowledge and understanding of banking products, market, and business trends
Excellent communication (written and verbal) and interpersonal skills
Strong problem solving and decision-making skills preferred
Proficiency in Microsoft Office
Compensation
The base pay range for this position is USD $67,000.00/Yr. - USD $90,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law.
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