Introduction:
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.
Overview:
East West Bank is currently seeking a SBA Portfolio Officer. This position will be primarily responsible to underwrite SBA loans to East West Bank and US SBA policies and procedures.
Responsibilities:
- Able to analyze financial and credit information for various types of loan purpose for SBA 7A & 504 loan applications, and underwrite with accordance to SBA’s SOP 50 10 and Bank’s policy.
- Able to compile, analyzes, and documents loan data and credit risk, borrower and property information, and coordinates activity in support of credit approval process
- Investigate credit standards and determine credit worthiness, understands financial statements and tax returns for specific area of business
- Support SBA team by following up on tickler items, delinquent property tax, insurance policy, and etc. to be in compliance with the terms of the loan.
- Assist with internal audits, annual financial collection with monitoring, and annual insurance requirement
- Perform other duties as assign.
Qualifications:
- 2+ years in SBA loan underwriting and portfolio management experience preferred
- Bachelor degree required
- In-depth knowledge of SBA SOP 50 10
- Good knowledge of the financial institution's commercial and consumer lending procedures
- Demonstrate strong communication skills, team work oriented, take initiatives and a self-starter.
- Flexible and adaptable to a dynamic environment
Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.
Compensation:
The base pay range for this position is USD $71,000.00/Yr. - USD $110,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.