New York, NY, US
51 days ago
Collateral Analyst
Welcome page Returning Candidate? Log In Here Collateral Analyst Location US-NY-New York Job ID 2024-11537 Category Other Position Type Full-Time Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 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 an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

Overview

East West Bank is currently seeking a Collateral Analyst, Commercial (Asset Based) Banking for their New York Office.

 

As an East West Bank employee, you will be part of a rapidly-growing and financially strong organization that provides career path development opportunities while serving a large and profitable market.

Responsibilities Update, track and follow up with customer’s financial & collateral reports due on a daily and quarterly basis to ensure they are meeting their financial requirements as per loan agreements  Investigate and follow-up with customers and internal departments on reporting exceptions and aged/outstanding issuesUpdate monthly/quarterly trend cards from borrowing base reportsPrepare and distribute interest/fee statements for monthly settlementsInvestigate interest/fees discrepancies with internal departments and customersUpload and manage files Assist with any Ad-hoc projectsPrepare the reporting status for weekly meeting of aged/outstanding financial reports to be followed up with action plan and update CASH-OnTrack with comments   Upload and manage data files in the Sharefiles on a daily/monthly basis where EWB is lead agent to ensure all Participant banks have been notified accordingly Back up coverage on daily advances for holiday/sick leave of other colleaguesPerform other duties as assigned Qualifications Bachelor's degree preferably in finance and/or accounting, or combination of education with working knowledge of finance/accountingMinimum one year experience with Asset Based Lending Collateral Monitoring and/or prior commercial lending experienceEach team member must have knowledge of BSA/AML/OFAC laws/regulations, understand how these obligations relate to his/her role, and comply with these laws and regulationsEfficient in use of commercial loan systems (M & I) & (OnTrack)Understanding of regulatory compliance regarding commercial lending Compensation The base pay range for this position is USD $25.00/Hr. - USD $32.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. Options Apply for this job onlineApplyShareEmail this job to a friendRefer <p style="margin: 0px;"><span style="color: #54585a;">Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.</span></p> Share on your newsfeed

East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law. Application FAQs

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