Portfolio Manager

East West Bank; Los Angeles (CA); On-site; USD 75,000 - 150,000; Full time

Job summary

East West Bank is looking for a Portfolio Manager with over 8 years of experience in AR and inventory lending. The candidate will manage loan repayments and underwriting, ensuring compliance with credit policies.

This role demands strong communication skills and a solid understanding of financial statements. Compensation will be between $75,000 and $150,000 per year, depending on experience.

Qualifications

• 8+ years of AR and inventory lending experience.
• 5+ years of direct portfolio management and underwriting experience.
• Strong understanding of credit policy and procedures.

Responsibilities

• Monitor loan repayment activities and collection actions.
• Partner with Relationship Manager as a client liaison.
• Underwrite credit risk of loan deals.

Skills

Portfolio management

Credit risk assessment

Communication

Education

Bachelor's degree in finance/accounting

Job description

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high‑tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top‑performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

East West Bank is seeking a Portfolio Manager.

Responsibilities

• Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts and ongoing repayment ability of all other accounts.
• Partner with the Relationship Manager as the point of contact for the client: acting as a liaison to credit supervision, the commercial support staff and other internal business partners.
• Responsible for underwriting credit risk of new and existing loan deals and quality of the portfolio, and developing problem loan credit solutions, if necessary.
• Manage the renewal process independently by working with existing clients and obtaining approval from credit supervision.
• Manage transactions from underwriting through to closing.
• Conduct due diligence work customary to asset‑based financings.
• Review, analyze, and summarize company and property operating and financial statements.
• Create deal‑specific asset‑based, cash‑flow and valuation models.
• Analyze borrower and guarantor financial statements and tax returns.
• Interact with borrowers or brokers to obtain necessary information and documentation for evaluation, underwriting, and closing of loans.
• Prepare credit memoranda for review and approval by Senior Management and credit supervision.
• Review and analyze third‑party reports such as appraisals, field exams and other third‑party due diligence.
• Ensure the portfolio administration and risk management of each client relationship is in compliance with established EWB credit policy, procedure and business strategy as well as commercial and regulatory guidelines.
• May act as a contact manager for non‑borrowing accounts and loan clients for matters relating to other banking services.
• Must be comfortable dealing directly with clients independently.
• Assist in the development of junior bankers and credit analysts.
• Perform other duties and special projects as needed.

Qualifications

• Bachelor's degree preferably in finance and/or accounting, or combination of education with working knowledge of finance/accounting.
• 8+ years of AR and inventory lending experience.
• 5+ years of direct portfolio management and underwriting experience.
• Strong understanding of credit policy and procedures and is able to accurately risk‑rate loans/credits, evaluates both cash‑flow and collateral‑based loans/credits.
• Strong written and verbal communication.

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

Compensation

The base pay range for this position is USD $75,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job‑related knowledge, skills, experience, and location.