Credit Analyst

Department: Lending

FLSA Status: Non-Exempt

Reports to: Lending Manager (May vary)

Full/Part Time Status: Full-Time

Work Location: Los Angeles, CA

Travel Requirement: 0-10%

Education

Minimum Education Level: Associates Degree preferably in Accounting or Finance.

Combination of Experience and Education can meet the job requirements: Yes ☒ or No ☐

Language Requirements

English:  Written: Advanced    Verbal: Fluent

Korean: Written: Intermediate    Verbal: Conversational

Computer/Systems Knowledge Requirements

Microsoft Outlook:           Basic ☒ or Intermediate ☐

Microsoft Word:              Basic ☒ or Intermediate ☐

Microsoft Excel:               Basic ☒ or Intermediate ☐ or N/A ☐

Microsoft PowerPoint:      Basic ☒ or Intermediate ☐ or N/A ☐

Responsibilities & Duties

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.

•             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

•             Required: Excellent written and oral communication skills.

•             Required: Excellent presentation skills.

•             Required: Ability to respond effectively to the most sensitive inquiries or customer complaints.

Physical Demands

Lifting/Carrying

Under 10 lbs.: Rarely (Less than 1 hour per week)

11-20 lbs.: Rarely (Less than 1 hour per week)  

Pushing/Pulling

Under 10 lbs.: Rarely (Less than 1 hour per week)

11-20 lbs.: Rarely (Less than 1 hour per week)

Twisting/Turning

Reach over shoulder: Rarely (Less than 1 hour per week)

Reach over head: Rarely (Less than 1 hour per week)

Reach outward: Rarely (Less than 1 hour per week)

Climb: Rarely (Less than 1 hour per week)

Crawl: Rarely (Less than 1 hour per week)

Kneel: Rarely (Less than 1 hour per week)

Squat: Rarely (Less than 1 hour per week)

Sit: Constant (Over 66% of the time)      

Walk-Normal Surfaces: Frequent (34% - 66% of the time)

Walk-Uneven Surfaces: Rarely (Less than 1 hour per week)

Walk-Slippery Surfaces: Rarely (Less than 1 hour per week)

Stand: Frequent (34% - 66% of the time)

Bend: Occasional (1% - 33% of the time)

Driving

Automatic Trans: Occasional (1% - 33% of the time)

Standard Trans: Occasional (1% - 33% of the time)

Other

Keyboard/Ten Key: Constant (Over 66% of the time)

Fingering (fine dexterity): Occasional (1% - 33% of the time)

Handling (grasping, holding): Occasional (1% - 33% of the time)

Repetitive Motion – Hands: Occasional (1% - 33% of the time)

Repetitive Motion – Feet: Occasional (1% - 33% of the time)

Please send your resumes to

hr_recruiting_team@bankofhope.com