The Loan Monitoring Specialist position - temp in Senior Credit Supervision is to assist the Portfolio Risk Manager to perform various ongoing portfolio monitoring and oversight, such as coordinating and conducting various portfolio reviews and monitoring for loan compliance/performance. Loan experience is not required but a plus. Responsibilities Calculate borrowing bases and authorize advance requests on assigned formula-based lending (FBL) portfolio. Coordinate attendance, compile meeting mat... more details
Loan Monitoring Specialist - Temp
LocationUS-CA-Pasadena
Job ID
2023-10143
Category
Banking Operations/Back Office
Position Type
Temporary
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Greater China, 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
The Loan Monitoring Specialist position - temp in Senior Credit Supervision is to assist the Portfolio Risk Manager to perform various ongoing portfolio monitoring and oversight, such as coordinating and conducting various portfolio reviews and monitoring for loan compliance/performance. Loan experience is not required but a plus.
Responsibilities
Calculate borrowing bases and authorize advance requests on assigned formula-based lending (FBL) portfolio
Coordinate attendance, compile meeting materials, prepare agenda items, host meeting, and take minutes for various portfolio review, committee meetings, and team meetings
Facilitate and Monitor Commercial Lending Policies, Procedures, and Guidelines
Administer internally built risk management applications, such as CRM/CCR.
Coordinate monitoring of centralized termsheets mailboxes
Regulate the administration, communication, and recordkeeping for Credit Ops Collaboration Meetings and Credit Risk Management Committee (CRMC) meetings
Coordinate and ensure completion of all follow up action items
Managing ongoing portfolio monitoring and oversight, such as monitoring maturity and delinquency reports, Financial Reporting and Covenant Exceptions (FRCE) Report, etc.
Other job functions as assigned by Manager (duties that occur infrequently or on an inconsistent basis but are still important, e.g. projects related to data accuracy and accurate compliance requirements and/or projects related to portfolio risk management)
Qualifications
Bachelor's degree from an accredited college or university in Accounting, Finance, Economics, or related fields
Strong organizational and analytical skills
Excellent written and verbal communication skills
Proficient in Microsoft Office
Attention to detail
Must be able to work under pressure
Experience in credit underwriting / credit analysis preferred
Required Characteristics of Our Ideal Candidate
Strong analytical skills.
Excellent written and verbal communication skills.
Ability to adapt or change approach or method to best fit the situation in a fast-evolving environment with multiple clients
Proficient at performing high-quality work while managing multiple projects
Adept at managing numerous time-sensitive deadlines.
Strong time-management skills and ability to manage priorities.
Proactive, energetic, and resourceful.
Works with integrity, making sure to maintain confidentiality of sensitive information.
Compensation
The base pay range for this position is USD $19.00/Hr. - USD $22.00/Hr. 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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