Credit Analyst I: Grow Cash Flow Analysis & Covenants

Cathay Bank; El Monte (CA); On-site; USD 43,000 - 45,000; Full time

Job summary

Cathay Bank in El Monte, CA, is seeking a financial analyst to perform analysis of financial statements and tax documents using nCino to assist Account Officers in credit extensions.

The role requires evaluating cash flows, covenant compliance, and coordinating with lending units; strong analytical skills, and MS Office proficiency are essential. This full-time position offers a benefits package and opportunities for growth within the bank.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field, or 2 years’ related experience.
• 1 year (prefer two) of experience in analyzing financial statements and cash flow.
• Strong knowledge of accounting, credit policy and financial statement analysis; proficient in MS Office.

Responsibilities

• Manages ticklers and covenants and monitors receipt of financial documents for existing credits using nCino.
• Prepares and analyzes financial spreads using nCino for borrowers, owners, guarantors and tax returns.
• Prepares individual and global cash flows for credit analysis.
• Calculates covenant compliance based on Borrower’s Loan Agreement.
• Forwards completed spreads to lending unit and notifies of covenant violations.
• Maintains up-to-date knowledge on lending policies and regulations.
• Completes quality spreads with supervision.

Skills

Financial analysis

Credit policy

Accounting

Analytical skills

Communication

Team player

Microsoft Office

Education

Finance/Accounting/Business degree

Tools

Microsoft Office

Job description

Cathay Bank in El Monte, CA, is seeking a financial analyst to perform analysis of financial statements and tax documents using nCino to assist Account Officers in credit extensions.

The role requires evaluating cash flows, covenant compliance, and coordinating with lending units; strong analytical skills, and MS Office proficiency are essential. This full-time position offers a benefits package and opportunities for growth within the bank.