Associate - CIB

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

Benefits offered by this job

Bonus

Benefits

Job summary

Bank of Hope in Los Angeles, CA seeks an Associate to support its Corporate Institutional Banking team. You will underwrite loan requests, including cash-flow facilities, term loans, and revolvers, and monitor borrower performance.

You will perform financial analysis, credit reviews, and KYC/AML due diligence, and collaborate with Loan Ops on deal closing. Strong communication and time management are essential.

Qualifications

• Bachelor’s degree in finance or accounting.
• 5+ years of corporate banking or credit underwriting experience.
• Strong financial modeling and cash flow analysis skills.
• Excellent written and verbal communication.

Responsibilities

• Underwrite loan requests including cash-flow facilities, term loans, and revolvers.
• Monitor borrower financial performance and perform quarterly credit reviews.
• Complete KYC/AML/OFAC due diligence for new clients.
• Coordinate with Loan Ops on deal closing and booking.
• Maintain loan documentation and covenants over the life of the facility.

Skills

Financial modeling

Credit underwriting

Credit analysis

Industry research

Communication

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.