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VP, Credit Analysis Officer - (963)

We are a bank that strives to be the premier financial partner to our customers in our market segment, and to assist our customers in reaching their financial goals and dreams. We have Integrity in everything we do. We have strategic, effective leadership that inspires everyone around us. We hire exceptional employees who are the most important asset to drive our success. We provide extraordinary service to our customers, both internally and externally.
We are celebrating our 55th anniversary in April of this year, as the first Chinese-American bank in Southern California to now a full-service bank covering nine states and having overseas presence in Asia.
We are CATHAY BANK - www.cathaybank.com
GENERAL SUMMARY
Participates in the loan management process by providing credit and loan analytical expertise to a team of Commercial or Commercial Real Estate Loan Officers. Analyzes prospective loan transactions and credit worthiness of borrowers. Prepares credit analysis and provides opinions and recommendations regarding proposed credit and potential risks. Ensures all due diligence and background evaluation is complete and thorough on a loan request so credit approval can be considered.
ESSENTIAL FUNCTIONS
Reviews existing loan exposure, proposed extensions of credit and financial information; evaluates credit structure and terms; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors.
At the direction of and/or in concert with the Account Officer, contacts borrowers directly, as appropriate, for additional information and details related to loan request or clarification of financial materials and resources.
Reviews and evaluates collateral periodically to minimize credit exposure.
Recommends credit alternatives and creative ways to structure credits ensuring that transactions are within portfolio risk standards. Authors credit approval report.
Maintains up-to-date knowledge on all Bank lending policies and regulations. Confers with the appropriate Bank personnel regarding new/existing lending requirements and regulations.
Supports lending management team by monitoring performance of borrowers, identifying problem credits, and taking a proactive approach toward resolution. Reviews risk grading on an ongoing basis to identify potential credit issues. Escalates potential credit issues to Department Manager and Account Officer.
Minimum qualifications/requirements:
Education: College degree in Finance, Accounting, Business or related field preferred. Intermediate accounting is required or must be completed within 12 months of hire.
Experience: 3 5 (5+ for VP) years of working experience in analyzing and underwriting large size and complex commercial credit (C&I or CRE transactions), which includes analyzing financial statements, cash flow analysis, familiarity with various industries, collateral issues and values, loan structuring and analysis of guarantor personal financial statements and tax returns. Minimum 3-5+ years of actual authorship of credit approval report.
Skills/Ability: Excellent knowledge of commercial credit policies and procedures. Excellent credit analysis and accounting skills. Strong ability to communicate skillfully and effectively in both verbal/written forms. Good organizational and analytical skills. Ability to assume responsibility and accountability for decision making. Ability to work well independently and in teams and interact effectively with all levels of Bank personnel and outside contacts. Works with the Account Officers in structuring creative deals and determining alternative approaches. Proficient in Microsoft Office (Word, Excel, and Outlook) and financial spreading program such as CASH Insight.
It is the individual responsibility of every employee to maintain a current awareness and understanding of appropriate banking laws, regulations, internal policies and procedures, and to comply fully with those laws, regulations, policies and procedures. From time to time, employees may be assigned tasks or duties as deemed appropriate by their supervisors. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed, as an exhaustive list of all responsibility, duties and skills required of personnel so classified.



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