Portfolio Manager

Portfolio Manager

East West Bank is seeking a Portfolio Manager.

Responsibilities include:

• Monitoring loan repayment activities and financial condition of borrowing clients and taking necessary action to collect past due accounts and ongoing repayment ability of all other accounts.
• Partnering with the Relationship Manager as the point of contact for the client: acting as a liaison to credit supervision, the commercial support staff and other internal business partners.
• Being responsible for underwriting credit risk of new and existing loan deals and quality of the portfolio, and developing problem loan credit solutions, if necessary.
• Managing the renewal process independently by working with existing clients and obtaining approval from credit supervision.
• Managing transactions from underwriting through to closing.
• Conducting due diligence work customary to asset based financings.
• Reviewing, analyzing, and summarizing company and property operating and financial statements.
• Creating deal specific asset based, cash flow and valuation models.
• Analyzing borrower and guarantor financial statements and tax returns.
• Interacting with borrowers or brokers to obtain necessary information and documentation for evaluation, underwriting, and closing of loans.
• Preparing credit memoranda for review and approval by Senior Management and credit supervision.
• Reviewing and analyzing third-party reports such as appraisals, field exams and other 3rd party due diligence.
• Ensuring the portfolio administration and risk management of each client relationship is in compliance with established EWB credit policy, procedure and business strategy as well as commercial and regulatory guidelines.
• May act as a contact manager for non-borrowing accounts and loan clients for matters relating to other banking services.
• Must be comfortable dealing directly with clients independently.
• Assisting in the development of junior bankers and credit analysts.
• Performing other duties and special projects as needed.

Qualifications include:

• Bachelor's degree preferably in finance and/or accounting, or combination of education with working knowledge of finance/accounting.
• 8+ years of AR and inventory lending experience.
• 5+ years of direct portfolio management and underwriting experience.
• Strong understanding of credit policy and procedures and is able to accurately risk-rate loans/credits, evaluates both cash-flow and collateral-based loans/credits.
• Strong written and verbal communication.

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

The base pay range for this position is USD $75,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.