Credit Analysis Officer

divh2Join Our Team At Cathay Bank/h2pAre you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members drive and optimism. Together we can make a difference in the financial future of our communities. Apply today!/ph3General Summary/h3pUnder the direction of the Team Manager, participates in the loan management process by providing financial analytical skills and credit knowledge with a focus on CI and Owner-Occupied Real Estate transactions to support a team of Relationship Managers. Analyzes prospective loan transactions and credit worthiness of borrowers and guarantors. Prepares financial and credit analysis to support opinions and recommendations regarding proposed credit and potential financial risks to the loan repayment sources. Ensures all due diligence, financial and background evaluation is complete and thorough on a loan request so credit approval can be considered./ph3Essential Functions/h3ulliPrepare financial statement and global cash flow spreads for existing and new clients, evaluates cash flow that supports proposed credit structure analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors./liliAt the direction of the Team Manager and/or in concert with the Relationship Manager, contact borrowers directly, as appropriate, for additional information and details related to loan requests or clarification of financial materials and resources./liliPrepare credit write-ups that include in depth financial analysis, an understanding of key ratios, trends and financial covenants./liliReview and evaluate collateral periodically to minimize credit risk./liliMaintain up-to-date knowledge on all Bank lending policies and regulations./liliConfer with the appropriate Bank personnel regarding new/existing lending requirements and regulations./liliReview risk grading as appropriate to credit analysis to identify potential credit issues./liliEscalate potential credit issues to Team Manager, Division Manager and Relationship Manager./li/ulh3Qualifications/h3ulliEducation: College degree in Finance, Accounting, Business, Economics or related field preferred. MBA a plus. Some level of accounting coursework is required./liliExperience: Minimum 2-3 years of working experience in analyzing and underwriting varying levels of commercial credit (CI or CRE transactions), which includes analyzing financial statements, cash flow analysis, familiarity with various industries, collateral issues and values, loan structuring and analysis of guarantor personal financial statements and tax returns./liliWorking knowledge of credit, accounting, credit procedures and financial statement analysis./liliSkills/Ability: Good knowledge of commercial credit policies and procedures. Excellent organizational and analytical skills. Good verbal and written communication skills to present clear and precise recommendations based upon analysis of a loan structure and request. Ability to work independently, in a team, and interact effectively with Bank team members and outside contacts. Proficient in Microsoft Office (Word, Excel, and Outlook) and financial spreading program, nCino (or CASH)./li/ulh3Other Details/h3p$26.44 $31.25 / hour Pay determined based on job-related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus./ppCathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k)./ppCathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law./p/div