Full-time Estimated: $100,000 – $150,000 a year 5 days ago
- Health insurance
- 401(k)
- Vision insurance
Qualifications
- Microsoft Excel
- Microsoft Powerpoint
- Microsoft Outlook
- Financial analysis
Full Job Description
Job Purpose:
The incumbent will manage and supervise the Compliance & Quality Control Team (CQCT). The incumbent is responsible for reviewing, monitoring and ensuring all the tasks related regulatory compliances, quality controls, and loan administration are in full compliance with the Banks policies and procedures, and regulatory requirements. S/he will supervise the review of these required tasks and work assignments to ensure all required documents are in place and up-to-date, and all credit and operational risks as well as compliance related risks are identified and adequately mitigated. S/he will supervise and provide trainings and guidance to the junior staff, and performing any other duties and/or special project.
Job Responsibilities:
Include but not limited to
Compliance & Quality Control, Loan Administration Risk Management:
Manage the development and execution of any credit review plan to ensure the employees to perform regular credit review timely;
Manage the CQCT, including monitoring the workflow, supervising and providing trainings to junior staff in reviewing compliance related reports, quality control reports and loan admin reports, and follow up with any pending and outstanding documents;
Evaluate and examine compliance, quality control, loan admin reports and timely identify potential risks;
Oversee the teams regulatory compliance work and be sure to achieve the assignments timely;
Assist with first-line units, credit analyst team and commercial real estate team in KYC related tasks and be sure the existing loan portfolios include the periodic reporting of risk profiles, trends, industry developments and concentration in appropriating loan classification and asset quality;
Ensure the adequacy of loan documentation, credit and collateral documentation, the disbursement of loan proceeds, and the collection of loan payments;
Provide trainings to all Business Development Departments personnel of the Banks credit policies and related procedures, guidelines, and regulatory requirements;
Other Risk Management:
Ensure all due diligence and background evaluation are completed;
Manage call loans and be sure to properly manage the borrowing costs with a maximized return;
Cooperate with internal and external auditors and examiners to ensure compliance in all aspects of the Banks policies and regulatory requirements;
Perform any compliance and risk management duties as assigned by supervisor and/or Branch Management.
Job Requirements:
Bachelors degree with major in Business Administration or Finance, Accounting, Economics or other related disciplines is required; Masters degree is highly preferred;
Minimum 12 years of experience in credit underwriting, credit risk and portfolio management in the banking industry;
Knowledge of regulatory compliances, financial analysis and future financial projection, supply chain and factoring finance, Sino-US Trade and economic updates in China, Commercial Real Estate loans, Asset Based Lending and other bilateral Commercial & Industrial loans and credit risk management are required;
Demonstrated proficiency in Microsoft Outlook, Word, Excel, and PowerPoint.
Job Type: Full-time
- 401(k)
- Health insurance
- Vision insurance
Schedule:
- Monday to Friday
Ability to commute/relocate:
- Los Angeles, CA 90071: Reliably commute or planning to relocate before starting work (Required)
Associated topics: administrative, administrative assistant, administrative staff, administrative support, assist, beverage, chief operations officer, document, front office, operations director