AVP, Loan Review Officer

$75,000 - $100,000/Yr

Cathay Bank - El Monte, CA

posted 6 months ago

Full-time - Mid Level
El Monte, CA
Credit Intermediation and Related Activities

About the position

As an AVP, Loan Review Officer at Cathay Bank, you will play a crucial role in analyzing loans for credit quality and ensuring adherence to bank policies. This position may require you to act as the Examiner-In-Charge for assigned lending unit reviews, where you will prepare comprehensive reports for distribution to management. Your responsibilities will include assisting in the loan sampling process for lending unit reviews and supporting other departmental functions as necessary. In this role, you will perform detailed loan file reviews of the lending unit's portfolios, evaluating loan credit quality, risk identification, policy compliance, support for credit decisions, and loan structure. You may also host exit meetings for the respective units to discuss findings, issues, and concerns, and prepare and draft the Loan Review Report to communicate your findings to Unit Management, Senior Management, and the Audit Committee. Additionally, you will assist in various departmental tasks, attend PLR meetings to ensure that loans reviewed are appropriately risk-rated, and participate in special projects and targeted reviews. Your efforts will contribute to the development of monitoring procedures and analysis of the Bank's loan portfolio to identify and research significant trends. You will also collaborate with personnel from other departments and external entities, such as KPMG and regulators, to enhance department and Bank procedures for loan review, processes, methodology, risk ratings, exceptions monitoring, and management reporting.

Responsibilities

  • Analyze loans for credit quality and adherence to bank policy.
  • Act as Examiner-In-Charge of assigned lending unit reviews.
  • Prepare comprehensive reports for distribution to management.
  • Perform detailed loan file reviews of lending unit's portfolios.
  • Evaluate loan credit quality, risk identification, policy compliance, support for credit decisions, and loan structure.
  • Host exit meetings for respective units to discuss findings, issues, and concerns.
  • Prepare and draft the Loan Review Report to communicate findings to Unit Management, Senior Management, and the Audit Committee.
  • Assist in the loan sampling process for lending unit reviews.
  • Participate in special projects and targeted reviews.
  • Develop monitoring procedures or analyze the Bank's loan portfolio to identify significant trends.
  • Enhance department and Bank procedures for loan review, processes, methodology, risk ratings, exceptions monitoring, and management reporting.
  • Collaborate with personnel from other departments and external entities.

Requirements

  • College degree in Accounting, Finance, or business-related discipline preferred but not mandatory.
  • Five or more years of commercial bank experience with some exposure to loan review, audit, or lending.
  • Experience as a bank examiner, or with a consulting/accounting firm is also acceptable.
  • Knowledge of commercial and industrial lending products, as well as commercial and residential real estate lending products.
  • Exposure to regulatory requirements, economic factors, and standards applicable to commercial lending, commercial real estate, construction, and residential lending products.
  • Good risk analysis skills.
  • Good cash flow analysis skills.
  • Ability to manage high-volume workflow.
  • Good interpersonal, verbal, and written communication skills.
  • Experience using computer-related software applications (i.e., Word, Excel, Outlook, etc.).

Benefits

  • Medical insurance coverage
  • Dental insurance coverage
  • Vision insurance coverage
  • Life insurance coverage
  • Long-term disability insurance
  • Flexible spending accounts (FSAs)
  • Health savings account (HSA) with company contributions
  • Voluntary coverages
  • 401(k) plan
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