Commercial Equipment Leasing Division - Senior Cre
Company: Hanmi Bank
Location: Irvine
Posted on: August 6, 2022
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Job Description:
Job DescriptionSUMMARYThe Senior Credit Officer is responsible
for assisting Commercial, C&I, SBA, Real Estate Lending,
Consumer and Commercial Equipment Leasing with credit underwriting
and analysis of loan requests and preparation of written loan
submissions. Conducts credit analyses including gathering,
analyzing and interpreting all types of credit information on
existing and prospective customers and portfolios. Make
recommendations and/or decisions regarding the extension of credit.
Investigates and analyzes credit. Monitors customer accounts and
loan portfolios in order to maximize credit quality and minimize
risk and potential loss. Prepares and presents credit files to
committees for use in the making of lending decisions on new,
renewal and extension loans. Maintains control over the credit
standings of accounts and furnishes information relative to credit
inquiries, as appropriate.
Ensures compliance with established Bank policies and procedures.
Demonstrates knowledge of, adherence to, monitoring and
responsibility for compliance with state and federal regulations
and laws as they pertain to this position including but not limited
to the following: GLBA (Gramm-Leach-Bliley Act), Regulation Z
(Truth in Lending Act), Regulation DD (Truth in Savings Act)
Regulation B (Equal Credit Opportunity Act), Dodd–Frank Wall Street
Reform and Consumer Protection Act (Dodd Frank Act), Elder Abuse
Laws, Bank Secrecy Act in conjunction with the USA PATRIOT Act,
Anti-Money Laundering and Customer Information Program, Right to
Financial Privacy Act (state and federal) and Community
Reinvestment Act.
ESSENTIAL DUTIES1.Assists with credit presentations to include
financial statement spreads, covenant testing, collateral analysis,
obligor/facility ratings, cash flow analysis, relationship
exposure, and underwriting.2.Actively evaluates property,
sponsorship, global cash flow (using Company approved software)
/contingent liability of the loan/guarantor on a deal by deal
basis.3.Conducts site visits, meetings, and interviews with
borrowers.4.Prepares file approval memorandums summarizing results
and validates Credit Risk Ratings in compliance with the Company's
policy and procedures.5.Monitors delinquencies, covenant
compliance, etc.6.Provides direct support to Senior Credit
Officers/Credit Manager to develop and analyze all relevant credit
information in conjunction with account officers pertaining to more
complex commercial and business loans7.Makes recommendations for
approval or non-approval.8.Trains and reviews the work of less
experience credit officers.9.Works with processing/funding to
ensure accurate flow of information in documents to provide
efficient closing of loan funding.10.Attends, prepares and presents
new and additional credit proposals in loan committee
meetings.11.Tracks credit package completions.12.Demonstrates
creativity and intelligent solutions in structuring sophisticated
client transactions.13.Requests re-documentation of loans that have
undergone name, organizational or address changes.14.Assists in
preparation of loan approval document such as account numbers,
balances and entities.15.Provides customer service including
meeting and greeting customers in person and on the
phone.16.Proficiency in analyzing business and individual tax
returns/financial statements to identify recurring and
non-recurring sources of cash flow (identification of cash versus
non cash income on K-1 statements, schedule E, etc.)17.Preparation
of basic and/or preliminary analysis on the Company and its
Guarantors. Analyses shall identify the purpose of the loan,
sources of repayment, appropriateness of proposed structure, risks
and mitigants (financial, business and or industry) associated with
the proposal. Candidates must also be able to track financial and
reporting covenants that monitor the credit, mitigate risks and
meet the bank's credit policy guidelines.18.Performs thorough
analysis of combined DSCR for underwriting of
guarantors.19.Proficiency in analyzing credit and other reports on
companies and individuals. Conduct research on specific industries
or companies.20.Reviews formation documents for Borrowers.
Determine appropriate Borrower signing authority. Candidates must
be able to identify the requisite formation documents for different
business entities (C-corp, Limited partnerships, General
partnerships, Trusts, etc.) and be able to review such documents
for accuracy. Order and review good standing certificates, UCC
Searches and other applicable compliance documentations.21.Reviews
loan documentation for consistency and accuracy relative to the
approved credit narratives and compliance with the Bank's credit
guidelines. This requires working with the Borrower, Commercial
Loan Operations, and in some instances, outside legal
counsel.22.Monitors existing credit facilities for financial and
reporting covenant compliance. Preparation and continual review the
compliance log to ensure updated financial information and covenant
compliance. Notify Borrower and Guarantor of missing reports and
non-compliance with terms of their Agreement. Correspond with Loan
Monitoring Group and Credit Administration on recommended waivers,
amendments, etc. Focus on early identification of problem loans and
assist Portfolio Managers, Business Bankers and Credit
Administration to take appropriate action. Candidates should
understand risk ratings and be able to provide recommendations for
changes in current rating.23.Treats people with respect; keeps
commitments; inspires the trust of others; works ethically and with
integrity; upholds organizational values; accepts responsibility
for own actions.24.Demonstrates knowledge of and adherence to EEO
policy; shows respect and sensitivity for cultural differences;
educates others on the value of diversity; promotes working
environment free of harassment of any type; builds a diverse
workforce and supports affirmative action.25.Follows policies and
procedures; completes tasks correctly and on time; supports the
company's goals and values.26.Performs the position safely, without
endangering the health or safety to themselves or others and will
be expected to report potentially unsafe conditions. The employee
shall comply with occupational safety and health standards and all
rules, regulations and orders issued pursuant to the OSHA Act of
1970, which are applicable to one's own actions and
conduct.27.Performs duties specific to the position and other
functions as assigned.
MINIMUM REQUIREMENTSThese specifications are general guidelines
based on the minimum experience normally considered essential to
the satisfactory performance of this position. The requirements
listed below are representative of the knowledge, skill and/or
ability required to perform the position in a satisfactory manner.
Individual abilities may result in some deviation from these
guidelines.
•Bachelor's degree and 5+ years of experience in commercial or SBA
lending – specifically, property cash flow analysis and appraisal
valuation methods.•Advanced experience, knowledge and training in
financial statement and tax return analysis typically resulting
from a combination of education in accounting, financial and/or
credit analysis or related areas•Commercial or SBA
analysis/underwriting experience a plus•Commercial business
analysis skills (secondary to CRE analysis experience) a
plus•Financial analysis experience of business or CRE investment
financial statements, CRE investment tax returns and individual's
financial statements and tax returns•The ability to present written
credit memorandums in a clear, succinct manner, present credits to
management/board loan committee.•Intermediate experience, knowledge
and training in all lending activities and terminology.•Able to
make a conclusive recommendation based on independent analysis•Able
to handle multiple transactions at once and work well in a
team-oriented environment•Strong customer service skills,
relationship development and management skills•Intermediate skills
in computer terminal and personal computer operation; mainframe
computer system; word processing and spreadsheet software
programs.•Intermediate typing skills to meet production needs of
the position.•Intermediate math skills; ability to calculate
interest, commissions, proportions, and percentages; balance
accounts; add, subtract, multiply and divide in all units of
measure, using whole numbers, common fractions and decimals; locate
routine mathematical errors; compute rate, ratio and percent,
including the drafting and interpretation of bar
graphs.•Exceptional verbal, written and interpersonal communication
skills, with the ability to apply common sense to carry out
instructions and instruct others, train personnel, write reports,
correspondence and procedures, and speak clearly to customers and
employees.•Ability to deal with complex problems involving multiple
facets and variables in non-standardized situations.•Ability to
work with no supervision while performing duties.•Current driver's
license and a vehicle with appropriate insurance coverage if
required to drive in the course of performing assigned duties and
responsibilities.
We are an Equal Opportunity/Affirmative Action Employer. All
applicants will receive consideration for employment without regard
to race, color, ancestry, religion, sex, national origin, sexual
orientation, age, citizenship, marital status, disability, gender
identity or Veteran status, or any other characteristic protected
by law. We will consider all qualified applicants regardless of
criminal histories, in a manner consistent with the requirements of
all applicable state and local laws and regulations. Applicants
must be currently authorized to work in the United States for any
employer.
Keywords: Hanmi Bank, Irvine , Commercial Equipment Leasing Division - Senior Cre, Accounting, Auditing , Irvine, California
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