East West Bancorp
Credit Supervision Professional
We are currently seeking a professional in our New York City based Credit Supervision area working closely with the New York City Structured Finance. Primary responsibilities will include planning and executing field examinations for credit facilities originated by the Structured Finance team. This position will report to the Field Examiner Manager, who in turn reports to the Bank's Deputy Chief Credit Officer for Structured Finance. Responsibilities
Plan and perform collateral examinations for credit facilities originated by the Structured Finance Team, including preparation of the exam report. Includes performing the following tasks: 1. Performing a loan file review of loan receivables pledged by the borrower to the Bank credit facility 2. Reviewing borrowing base reporting submissions by the borrower to ensure that the calculations are accurate, supported by detail, and in accordance with the governing loan documents. 3. Conducting inquiries with borrowers and reviewing relevant borrower information to identify any significant changes to people, processes and systems since the prior exam. 4. Preparation of the collateral exam report, in narrative form, reflecting the results of the exam. Interact with the portfolio management team, relationship managers and other areas of the Bank to support ongoing borrower surveillance while serving as part of the overall client service team Work with the Field Examiner Manager, relationship managers and portfolio managers to assist in designing appropriate examination scopes and developing tailored procedures to focus on particular risk areas. Interact with third party service providers associated with the transactions including servicers, custodians/trustees, attorneys, etc, as required. Participate in periodic portfolio review process with Credit Supervision colleagues, the Business Team and the Senior Management of the Bank. Performing other duties and special projects as needed. Qualifications
Previous specialty finance field examination experience required, additional transactional advisory service experience strongly preferred. Consideration will also be given to candidates who possess both an underwriting and loan operations background. 8+ years of experience in accounting and/or consulting with auditing, consulting firm, or bank Bachelor's Degree: Finance Major or accounting major. Ability to bring a consultant mind-set to projects, seeks to understand process flow and consider both operational and collateral risk Ability to be flexible in thinking, understanding that there are qualitative considerations depending on the asset class, structure and complexity of the organization, inherent risk and mitigating factors. Knowledge of Structured Finance including Asset Backed transactions, Securitization, Lender Finance, Commercial and Industrial Loans. Strong attention to detail Strong project management skills to plan, execute and wrap multiple engagements at the same time Proficient with Microsoft Office products (Excel, Word, etc.), and able to adapt and learn bank technology platforms Able to work on multiple projects simultaneously, taking ownership of discreet tasks while working as part of a team Strong written and oral communication skills Excellent interpersonal skills to interact with senior management as well as clients, with focus on quality and integrity Ability to travel
expect up to 30% on average Compensation
The base pay range for this position is USD $90,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
We are currently seeking a professional in our New York City based Credit Supervision area working closely with the New York City Structured Finance. Primary responsibilities will include planning and executing field examinations for credit facilities originated by the Structured Finance team. This position will report to the Field Examiner Manager, who in turn reports to the Bank's Deputy Chief Credit Officer for Structured Finance. Responsibilities
Plan and perform collateral examinations for credit facilities originated by the Structured Finance Team, including preparation of the exam report. Includes performing the following tasks: 1. Performing a loan file review of loan receivables pledged by the borrower to the Bank credit facility 2. Reviewing borrowing base reporting submissions by the borrower to ensure that the calculations are accurate, supported by detail, and in accordance with the governing loan documents. 3. Conducting inquiries with borrowers and reviewing relevant borrower information to identify any significant changes to people, processes and systems since the prior exam. 4. Preparation of the collateral exam report, in narrative form, reflecting the results of the exam. Interact with the portfolio management team, relationship managers and other areas of the Bank to support ongoing borrower surveillance while serving as part of the overall client service team Work with the Field Examiner Manager, relationship managers and portfolio managers to assist in designing appropriate examination scopes and developing tailored procedures to focus on particular risk areas. Interact with third party service providers associated with the transactions including servicers, custodians/trustees, attorneys, etc, as required. Participate in periodic portfolio review process with Credit Supervision colleagues, the Business Team and the Senior Management of the Bank. Performing other duties and special projects as needed. Qualifications
Previous specialty finance field examination experience required, additional transactional advisory service experience strongly preferred. Consideration will also be given to candidates who possess both an underwriting and loan operations background. 8+ years of experience in accounting and/or consulting with auditing, consulting firm, or bank Bachelor's Degree: Finance Major or accounting major. Ability to bring a consultant mind-set to projects, seeks to understand process flow and consider both operational and collateral risk Ability to be flexible in thinking, understanding that there are qualitative considerations depending on the asset class, structure and complexity of the organization, inherent risk and mitigating factors. Knowledge of Structured Finance including Asset Backed transactions, Securitization, Lender Finance, Commercial and Industrial Loans. Strong attention to detail Strong project management skills to plan, execute and wrap multiple engagements at the same time Proficient with Microsoft Office products (Excel, Word, etc.), and able to adapt and learn bank technology platforms Able to work on multiple projects simultaneously, taking ownership of discreet tasks while working as part of a team Strong written and oral communication skills Excellent interpersonal skills to interact with senior management as well as clients, with focus on quality and integrity Ability to travel
expect up to 30% on average Compensation
The base pay range for this position is USD $90,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.