Introduction:
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
Overview:
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
East West Bank is currently seeking a Loan Monitoring Specialist. Reporting to Loan Monitoring Supervisor, the Loan Monitoring Specialist is mainly responsible for creating and maintaining financial and reporting covenants in the loan monitoring system, generating customer notification letters, and aiding commercial lending teams in loan monitoring activities (such as exception reporting, tickler monitoring, and support for the loan monitoring system).
Responsibilities:
- Create borrower/guarantor profiles, reporting covenants and financial covenants in loan monitoring system
- Maintain/update customer profiles, reporting covenants and financial covenants in loan monitoring system based on credit approval and/or loan agreement
- Provide assistance to Relationship Managers and Portfolio Managers on loan monitoring process-related inquiries/requests and system-related questions/issues
- Generate customer notification letters regarding upcoming-due and past-due required reporting documents
- Other ad hoc tasks as assigned
- Ability to multi-task with excellent attention to detail
- Ability to organize and maintain a high-volume work environment
- Ability to adapt quickly to changes and perform in a fast-paced environment
- Knowledge of commercial loan monitoring, commercial credit, and FNMA loan monitoring preferred
- IBS Insight, LPS and CASH experience preferred
- LANGUAGE SKILLS: Ability to read, analyze, and interpret bank policies/procedures, credit documents, legal documents, agreements, etc. Ability to communicate (in oral and written) effectively with various teams.
- REASONING ABILITY: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to apply common sense understanding to carry out instructions furnished in written or oral form.
Report job
