Position InformationJob Title: Credit Analyst
– SADDepartment: Special AssetsFLSA Status: Non-ExemptReports to: Special Assets Officer IIFull/Part Time Status: Full-TimeWork Location: Los Angeles HQTravel Requirement: 0-10%EducationMinimum Education Level: Bachelor’s DegreeCombination of Experience and Education can meet the job requirements: YesLanguage RequirementEnglish: Written: Advanced Verbal: FluentKorean: Written: N/A Verbal: N/AComputer/Systems Knowledge RequirementsMicrosoft Outlook: BasicMicrosoft Word: BasicMicrosoft Excel: BasicMicrosoft PowerPoint: BasicResponsibilities & Duties* Attend trainings and meetings as assigned to learn and familiarize with Bank’s established loan policies and procedures.* Provide assistance to Special Assets account officers with various facets of loan underwriting together with its required due diligence.* Comply with all Bank guidelines, procedures and eligibility requirements at all times.* Comply with regulatory requirements including Bank Secrecy Act
– Anti Money Laundering, OFAC, US Patriot Act, Privacy Act and Community Reinvestment Act.* Assist and accompany special assets officers on site visits and performance of on-site interviews and collateral inspections.* Under the direction, guidance and supervision of Special Assets Officer, order and review appraisal and environmental reports if applicable.* Draft and present various reports for supervising officer’s review and make revisions promptly and accurately as directed.* Underwrite and assist Special Assets Officer’s underwriting of Commercial Credit Memorandums (“CCMs”) and other internal approval requests and memos under supervision of senior Special Assets Officer and present such work products to the appropriate lending authority for approval.* Monitor and timely handle the portfolio of accounts assigned and work closely with his/her Team Leader for formulation of various strategies involving collection, workout, liquidation and litigation.* Work closely with various outside vendors needed to monitor or facilitate the collection of problem loans such as attorneys, foreclosure companies, asset search companies, title companies.* Comply with the department’s established guidelines on filing and maintenance of loan and Special Assets working files
– both electronic and physical.* Comply with the departments established desk top procedures in the performance of duties and responsibilities.* Follow up on various follow-up covenants under the loan document such as collection of annual tax returns, financial statements, and complete quarterly compliance certificate and annual review as required for existing loan portfolios.* Conduct at least one CRA call each quarter and participate in community affairs to identify the needs and to enhance the Bank’s CRA activities.* Comply with the Bank’s security program, including but not limited to:o Review and comply with the End-User Computing Agreement.o Acquire good knowledge on functions and usage of computer systems as related to the assigned job functions.o Be current and knowledgeable in industry’s trend in safeguarding the Bank against confidential data leak, identity theft, fraudulent activities, and computer security threats.o Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.Job Qualifications/Requirements* Required: Excellent written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.* Required: Ability to respond effectively to sensitive inquiries or complaints.* Required: Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, employees, regulators, or board members.* Required: Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.* Required: Ability to interpret technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.Physical DemandsLifting/CarryingUnder 10 lbs: Occasional (1%
– 33% of the time)11-20 lbs: Occasional (1%
– 33% of the time)Pushing/PullingUnder 10 lbs: Occasional (1%
– 33% of the time)11-20 lbs: Occasional (1%
– 33% of the time)Twisting/TurningReach 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: Frequent (34%-66% of the time)Kneel: Frequent (34%-66% of the time)Squat: Frequent (34%-66% of the time)Sit: Frequent (34%-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)OtherKeyboard/Ten Key: Constant (Over 66% of the time)Fingering (fine dexterity): Constant (Over 66% of the time)Handling (grasping, holding): Constant (Over 66% of the time)Repetitive Motion
– Hands: Frequent (34%-66% of the time)Repetitive Motion
– Feet: Frequent (34%-66% of the time)