Associate - CIB

Bank of Hope; Los Angeles (CA); On-site; USD 85,000 - 110,000; Full time

Job summary

Bank of Hope is seeking an Associate to support our Corporate Institutional Banking team. You will underwrite loan requests, perform financial modeling, and monitor credit performance across bilateral and syndication deals.

You’ll also contribute to KYC/AML/OFAC due diligence and collaborate with Loan Ops on closings. Ideal candidates have a finance or accounting background and 5+ years of corporate banking experience, with strong analytical and communication skills to manage internal and

Qualifications

• Bachelor’s Degree in finance and/or accounting.
• 5+ years of relevant corporate banking experience; credit training preferred.
• Excellent financial modeling capability with understanding of accounting principles, financial statements, and cash flow analysis.
• Strong time management skills and ability to work under time constraints.
• Strong verbal communication and interpersonal skills to manage internal and external relationships.
• Strong analytical and written skills and ability to comprehend complex financial matters.

Responsibilities

• Complete initial analysis of proposed transactions, including financial spreading and modeling, industry research and credit risk identification.
• Monitor existing loan portfolio for financial performance, covenant compliance and industry trends; complete quarterly reviews.
• Perform KYC/AML/OFAC due diligence and analysis for new clients.
• Collaborate with Loan Ops on deal closing and booking.
• Maintain loan documentation and files; manage documentation deadlines through life of facility.
• Assist with episodic projects including audits, policy and procedure reviews.
• Support loan syndication site for Lead Admin Agent deals.

Skills

Financial modeling

Cash flow analysis

Analytical skills

Written communication

Interpersonal skills

Time management

Education

Bachelor’s Degree in Finance or Accounting

Job description

We are currently seeking an Associate to support our Corporate Institutional Banking (CIB). As the Associate, you will be responsible for underwriting loan requests in the corporate banking space. These deals include cash-flow based facilities, collateralized term loans, and revolvers, and other forms of corporate loans. Transactions may include bilateral, TL-A “club deals”, and TL-B syndications executed either as participants or as CIB lead arranged transactions. You will also monitor borrower financial performance, complete quarterly credit reviews, and assist with AML/KYC/OFAC due diligence.

• Complete initial analysis of proposed transactions. Responsibilities include financial spreading and modeling, industry research, comparable credit analysis, and identification of credit risks based on market dynamics, financial performance, and capital structure.
• Monitor existing loan portfolio, focusing on financial performance, covenant compliance and industry trends. Complete quarterly credit reviews.
• Complete KYC/AML/OFAC due diligence and analysis for new clients.
• Work with Loan Ops on deal closing and booking.
• Maintain credit documentation and files. Administer and follow-up on loan documentation due at deal close and over the life of the credit facility / client relationship.
• Assist in maintaining loan syndication site for Lead Admin Agent deals.
• Assist with episodic projects including internal and external audits, credit policy and procedure review, etc.

Job Qualifications/Requirements

• Bachelor’s Degree, preferably in finance and/or accounting.
• 5+ years of relevant corporate banking experience, credit training preferred.
• Excellent financial modeling capability with thorough understanding of accounting principles, financial statements, and cash flow analysis.
• Strong time management skills and ability to work under pressure within time constraints.
• Strong verbal communication and interpersonal skills to manage both internal and external relationships.
• Strong analytical and written skills, with an ability to comprehend complex financial matters.

The salary range for this full-time position is $85,000.00 annually - $110,000.00 annually + bonus + benefits

Salary ranges are determined based on qualifications, level, and location.

Exact compensation may vary based on your skills and experience.

Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.