Commerical Loan Underwriter/Portfolio Officer

Commerical Loan Underwriter/Portfolio Officer 801 South Figueroa Street, Los Angeles, CA 90017 $85,000

• $100,000 a year
• Full-time $85,000
• $100,000 a year
• Full-time

JOB OPENING COMMERCIAL LOAN UNDERWRITER/PORTFOLIO OFFICER SUMMARY

Commerical Loan Underwriter/Portfolio Officer is responsible for negotiating, underwriting and coordinating the closing of consumer/commercial loans in compliance with the Bank's lending policies and procedures; to develop business checking and deposit relationships with customers; and to promote business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services. DUTIES Underwrite new loans and develop new customer relationships. Service credit needs of existing and new customers. Consult with clients for financial and credit analysis, validate valuations of collateral. Coordinate with Loan Originator/Business Developing Officer and prepare loan write-ups for management and loan committee review. Assist Business Development Officer/Branch Manager in implementing business plan and marketing strategy to achieve the Bank's financial objectives and CRA goals. Manage existing client relationships/loan portfolios; maintain adequate and complete filing and documentation including annual renewal and regular loan/financial covenants. Monitor/review existing account to detect potential problems and suspicious activities; apply problem account administration according to regulations and the Bank's policies and procedures. Cross sell other Bank products and services. Provide leadership, training and support to less experienced staff members within the assigned branch's lending unit. Follow the Bank's BSA policy. Accept other duties as deemed necessary by the supervisor, credit administration and executive management.

QUALIFICATIONS

Education:

Bachelor degree in Business Administration or Finance is preferred.

Experience:

Minimum 7 years of experience in originating and underwriting commercial loans, including commercial term loans, line of credit, and deposit with a track record of business development.

Skills/ Ability:

Extensive knowledge of financial analysis, economic trend, loan origination with business development skills. PC proficient in Word and Excel. Excellent verbal and written communication skills are required. Bilingual (English/Mandarin) is preferred.

Job Type:

Full-time Pay:

$85,000.00

• $100,000.

00 per year

Benefits:

401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Retirement plan Vision insurance

Experience:

underwriting: 7 years (Required)

Work Location:

In person