SBA Portfolio Officer
Apply NowCompany: East West Bank
Location: San Marino, CA 91108
Description:
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 an SBA Portfolio Officer. This position will be responsible for the risk management of the SBA portfolio in accordance with East West Bank and US SBA policies and procedures.
As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.
Responsibilities
Qualifications
Compensation
The base pay range for this position is USD $69,000.00/Yr. - USD $105,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
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 an SBA Portfolio Officer. This position will be responsible for the risk management of the SBA portfolio in accordance with East West Bank and US SBA policies and procedures.
As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.
Responsibilities
- Monitor, review, and recommend servicing & liquidation action on the existing SBA 7a & 504 portfolio with accordance to SBA's SOP 50 57 and Bank's policy
- Able to analyze financial data to support the risk rating and / or special loan requests
- Support SBA team by following up on tickler items, delinquent property tax, insurance policy, etc. to be following the terms of the loan
- Process loan sales according to the Bank's procedure and instruction
- Serves as first line of defense for loans by monitoring the SBA portfolio for signs of credit deterioration and take the necessary action to collect on past due loans
- Prepare reports to inform SBA manager, credit supervision, and senior management on the status of the SBA portfolio
- Assist with audits, guarantee purchase package and other special projects
- Respond promptly to internal and external inquires
- Cross-sell deposit, trade, treasury management, foreign exchange, private banking, asset management, and other services
- Perform other duties as assign
Qualifications
- 5 years+ commercial banking experience preferred
- Bachelor's degree required
- In-depth knowledge of SBA SOP 50 57 Servicing and Liquidation
- Good knowledge of the financial institution's commercial and consumer lending procedures
- Demonstrate effective communication skills, teamwork oriented, take initiatives and a self-starter
- Flexible and adaptable to a dynamic environment
- Ability to work under pressure and meet deadlines
- Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong work ethic and self-motivation
- Strong verbal, written communication, and organizational skills
Compensation
The base pay range for this position is USD $69,000.00/Yr. - USD $105,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.