Loan Officer II

Bbcn Bank Fremont , CA 94537

Posted 3 weeks ago

Position Information

Job Title: Loan Officer II

Department: Lending

FLSA Status: Exempt

Reports to: Lending Manager

Full/Part Time Status: Full-Time

Work Location: Varies

Travel Requirement: 0-10%

Education

Minimum Education Level: Bachelor's Degree, preferably in Accounting or Finance.

Combination of Experience and Education can meet the job requirements: Yes or No

Language Requirement

English: Written: Advanced Verbal: Fluent

Korean: Written: Intermediate Verbal: Conversational

Computer/Systems Knowledge Requirements

Microsoft Outlook: Intermediate or Advanced

Microsoft Word: Intermediate or Advanced

Microsoft Excel: Intermediate or Advanced or N/A

Microsoft PowerPoint: Intermediate or Advanced or N/A

Responsibilities & Duties

Underwriting:

  • Keep abreast of industry changes, local economic, financial and legislative events which may have an impact on commercial lending activities.

  • Analyze cash flow, liquidity, profitability, leverage and other financial ratios and be able to come to various conclusions, including evaluation of collateral and other relevant credit information.

  • Prepare loan presentations that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of borrower's surrounding credits.

  • Recommend or deny loan requests in conformance with banking regulations and Bank's loan policies and procedures.

  • Gather documents to perfect the security interest in collateral, if applicable.

  • Assist in loan closing and funding including obtaining signatures on loan documents according to the Bank's procedures.

Risk/Portfolio Management:

  • Detect early warning signs of problem loans and immediate notification to a supervisor, Chief Credit Administrator, Loan Review, or Loan Servicing.

  • Monitor loan covenants and conditions per loan agreement and report any violation to manager.

  • Analyze collateral values and insurance coverage.

  • Collect loan accounts and overdraft information.

  • Submit reports of calls made and document customer contact.

  • Meet customers regularly and seek opportunities to grow relationship.

  • Conduct site visits and on-site interviews under the supervision of a portfolio manager.

Compliance:

  • Comply with regulatory requirements including but not limited to: Reg B, HMDA, Bank Secrecy Act, OFAC, and USA Patriot Act, CRA, Privacy, and Security.

  • 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.

Other:

  • Mentor junior lending staff.

  • Occasional local travel is required, as may participate in client meetings with Relationship Managers.

  • Participate in community organizations and/or events to help the Bank meet its CRA Objectives.

  • All other reasonable duties as assigned.

Job Qualifications/Requirements

  • Required: 3-5 years of commercial lending experience.

  • 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 the most sensitive inquiries or customer complaints.

  • Required: Ability to make effective 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 an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

  • Required: Strong Analytical/Math skills.

  • Required: Effectively manage multiple deadlines and projects.

  • Required: Knowledge of lending operations, Note or International Dept. policies and procedures.

  • Required: Knowledge of bank regulations affecting customer accounts.

Physical Demands

Lifting/Carrying

Under 10 lbs.: Occasional (1% - 33% of the time)

11-20 lbs.: Rarely (Less than 1 hour per week)

Pushing/Pulling

Under 10 lbs.: Occasional (1% - 33% of the time)

11-20 lbs.: Rarely (Less than 1 hour per week)

Twisting/Turning

Reach over shoulder: Frequent (34%-66% of the time)

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: Rarely (Less than 1 hour per week)

Kneel: Rarely (Less than 1 hour per week)

Squat: Rarely (Less than 1 hour per week)

Sit: Frequent (34%-66% of the time)

Walk-Normal Surfaces: Constant (Over 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: Rarely (Less than 1 hour per week)

Driving

Automatic Trans: Frequent (0-10% of the time)

Other

Keyboard/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)
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Loan Officer II

Bbcn Bank