Find & Apply For Credit Analyst / Authorizer Jobs in West Covina, California

Credit Officer

• 3.5 West Covina, CA 91792 $85,000 - $95,000 a year - Full-time Apply with Indeed

POSITION SUMMARY

The Credit Officer is responsible for evaluating, underwriting, and approving credit requests while ensuring adherence to the Bank's credit policies, risk tolerance, and regulatory requirements. This position plays a critical role in maintaining the quality of the Bank's loan portfolio by conducting thorough financial analysis, risk assessments, and ongoing credit monitoring. The Credit Officer partners closely with lending teams to structure sound credit transactions and mitigate risk exposure in accordance with regulatory guidance and safe banking practices.

ESSENTIAL DUTIES AND RESPONSIBILITIES

The essential job functions include, but are not limited to the following: Analyze and underwrite commercial, consumer, and/or real estate loan requests, including review of financial statements, tax returns, cash flow analysis, and collateral valuation. Assess borrower creditworthiness and risk ratings in accordance with the Bank's credit policy and regulatory standards (FDIC, OCC, and California DFPI as applicable). Prepare and/or review detailed credit memorandums (CAMs) with clear risk identification, mitigating factors, and repayment analysis. Approve loans within assigned lending authority or recommend for approval to higher authority or loan committee. Ensure all credit files meet documentation standards and regulatory compliance requirements prior to approval and funding. Monitor existing loan portfolio for credit quality, including covenant compliance, financial performance, and early warning indicators. Identify problem credits and work with management to develop action plans, including restructuring, risk downgrades, or exit strategies. Partner with Relationship Managers and Business Development Officers to structure deals that align with the Bank's risk appetite. Ensure compliance with internal loan policies, underwriting standards, and applicable laws and regulations. Participate in loan committee meetings and provide credit risk insight and recommendations. Support internal and external audits, regulatory examinations, and loan reviews. Assist in development, implementation, and updates of credit policies and procedures. Maintain current knowledge of market conditions, industry trends, and regulatory changes affecting lending practices. Perform other duties as assigned.

QUALIFICATIONS

(Education, Knowledge, Skills, and Abilities): Bachelor's degree in Finance, Accounting, Business Administration, or related field required. Minimum 5-7 years of commercial credit analysis and underwriting experience in a banking environment (community bank experience preferred). Strong knowledge of credit risk principles, financial statement analysis, and loan structuring. Familiarity with regulatory requirements including

FDIC/OCC

guidelines, SAFE Act, and California banking regulations. Demonstrated ability to assess complex credit transactions and make sound risk-based decisions. Experience with loan presentation preparation and loan committee processes. Strong analytical, problem-solving, and decision-making skills. Excellent written and verbal communication skills, including ability to clearly articulate risk. High attention to detail and strong organizational skills. Ability to manage multiple priorities and meet deadlines in a fast-paced environment. Proficiency in Microsoft Office (Excel, Word, Outlook); experience with core banking and loan systems preferred (e.g., FIS). Strong interpersonal skills and ability to collaborate across departments. Bilingual proficiency in Chinese, Spanish, or Vietnamese is preferred but not required.

Pay:

$85,000.00 - $95,000.00 per year

Benefits:

401(k) 401(k) matching Dental insurance Employee assistance program Health insurance Health savings account Life insurance Paid time off Vision insurance

Education:

Bachelor's (Preferred)

Experience:

commercial credit analysis and underwriting: 5 years (Preferred) loan presentation preparation and loan committee: 1 year (Preferred)

Language:

Chinese (Preferred)

Work Location:

In person