Credit Analysis Officer (NE)

Cathay Bank; El Monte (CA); On-site; USD 36,000 - 43,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

FSAs

HSA with company contributions

Voluntary coverages

401(k)

Job summary

Cathay Bank in El Monte, CA seeks a loan analyst to support Relationship Managers by delivering financial analyses and credit insights on C&I and Owner-Occupied CRE transactions. You will assess borrower and guarantor creditworthiness and prepare cash flow projections to inform credit decisions.

This role requires 2–3 years of commercial credit analysis experience, a finance or accounting degree, and proficiency with Excel and credit-spreading tools.

Qualifications

• College degree in Finance, Accounting, Business, Economics or related field preferred; MBA a plus.
• Some level of accounting coursework required.
• 2–3 years of experience in analyzing and underwriting commercial credit (C&I or CRE).
• Knowledge of credit policies, financial statement analysis, and cash flow analysis.
• Proficiency in Microsoft Office and financial spreading tools (nCino or CASH).

Responsibilities

• Prepare financial statements and global cash flow spreads for existing and new clients.
• Analyze cash flows to support proposed credit structure and assess risks.
• Prepare credit write-ups with in-depth financial analysis and covenants.
• Review collateral and monitor credit risk periodically.
• Stay updated on lending policies and regulations.
• Coordinate with Bank staff on lending requirements and regulations.
• Review risk grading to identify potential credit issues.
• Escalate issues to Team/Division Manager and Relationship Manager.

Skills

Analytical skills

Written communication

Verbal communication

Microsoft Office

Financial analysis

Credit knowledge

Attention to detail

Education

College degree in Finance/Accounting/Business/Economics

MBA preferred

Accounting coursework

Tools

Excel

Word

Outlook

nCino/CASH

Job description

GENERAL SUMMARY

Under the direction of the Team Manager, participates in the loan management process by providing financial analytical skills and credit knowledge with a focus on C&I 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.

ESSENTIAL FUNCTIONS

• Prepare 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.
• At 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.
• Prepare credit write-ups that include in depth financial analysis, an understanding of key ratios, trends and financial covenants.
• Review and evaluate collateral periodically to minimize credit risk.
• Maintain up-to-date knowledge on all Bank lending policies and regulations.
• Confer with the appropriate Bank personnel regarding new/existing lending requirements and regulations.
• Review risk grading as appropriate to credit analysis to identify potential credit issues.
• Escalate potential credit issues to Team Manager, Division Manager and Relationship Manager.

QUALIFICATIONS

• Education: College degree in Finance, Accounting, Business, Economics or related field preferred. MBA a plus. Some level of accounting coursework is required.
• Experience: Minimum 2-3 years of working experience in analyzing and underwriting varying levels of commercial credit (C&I 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.
• Working knowledge of credit, accounting, credit procedures and financial statement analysis.
• 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, 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).

OTHER DETAILS

$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.

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,

• medical insurance
• dental insurance
• vision insurance
• life insurance
• long-term disability insurance
• flexible spending accounts (FSAs)
• health saving account (HSA) with company contributions
• voluntary coverages
• 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.

Cathay Bank is an Equal Opportunity and Aff? 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.

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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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.