AVP Credit Analysis Officer

Cathay Bank; El Monte (CA); On-site; USD 95,000 - 110,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Cathay Bank in California seeks a Commercial Credit Analyst to support loan management with a focus on C&I/ABL transactions. You will analyze borrowers' creditworthiness, prepare credit analyses, and advise on risk and structure to help credit decisions.

Responsibilities include reviewing exposures, gathering financial data from borrowers, evaluating collateral, and ensuring due diligence meets policies. Strong Excel and financial modeling skills are required.

Qualifications

• 3–5 years of experience in analyzing and underwriting commercial credits.
• Experience with C&I or ABL transactions and financial statement analysis.
• Proficient in credit policies and loan structuring.

Responsibilities

• Review existing and new loan exposures and evaluate credit structure.
• Contact borrowers for additional information and financial materials.
• Assess collateral to minimize credit exposure.
• Prepare credit approval analyses and recommendations.

Skills

Analytical skills

Organizational skills

Verbal and written communication

Education

Finance degree

Accounting coursework

MBA a plus

Tools

Microsoft Office

CASH Insight

Job description

Overview

People Drive Our Success

Are 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!

General Summary

Participates in the loan management process by providing credit and loan analytical expertise with a focus on C&I/ABL transactions to a team of Commercial Loan Officers. Analyzes prospective loan transactions and credit worthiness of borrowers. Prepares credit analysis and provides opinions and recommendations regarding proposed credit and potential risks to both the credit and collateral securing the transactions. Ensures all due diligence, financial and background evaluation is complete and thorough on a loan request so credit approval can be considered.

Essential Functions

• Reviews existing and new loan exposures, proposed extensions of credit and financial information; evaluates credit structure and terms; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors.
• At the direction of the Team Manager and/or in concert with the Account Officer, contacts borrowers directly, as appropriate, for additional information and details related to loan request or clarification of financial materials and resources.
• Reviews and evaluates collateral periodically to minimize credit exposure.
• Recommends credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards.
• Authors credit approval analysis report.
• Maintains up-to-date knowledge on all Bank lending policies and regulations.
• Confers with the appropriate Bank personnel regarding new/existing lending requirements and regulations.
• Reviews risk grading as appropriate to credit analysis to identify potential credit issues.
• Escalates potential credit issues to Team Manager, Division Manager and Account Officer.

Qualifications

• Education: College degree in Finance, Accounting, Business, Economics or related field preferred. MBA a plus. Some level of accounting coursework is required.
• Experience: Working knowledge of credit, accounting, credit procedures and financial statement analysis. 3-5 years of working experience in analyzing and underwriting varying levels of complex commercial credit (C&I or ABL 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. Minimum 3-5 years of actual authorship of credit approval report.
• Skills/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 and in teams and interact effectively with most levels of Bank personnel and outside contacts. Proficient in Microsoft Office (Word, Excel, and Outlook) and financial spreading program such as CASH Insight.

Other Details

$95,000 – $110,000 / year

Pay determined based on job-related knowledge, skills, experience, and location.

This position may be eligible for a discretionary bonus.

Benefits

Cathay 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).

Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy.

EEO Statement

Cathay Bank is an Equal Opportunity and Aff… (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.

Accessibility and Accommodation

Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at [phone] or [e-mail]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.