Welcome page Returning Candidate? Log In Here Collateral Analyst Location US-CA-Pasadena Job ID 2024-11613 Category Audit/Risk Management 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.
Responsibilities Review collateral packages that include accounts receivable aging, accounts payable aging inventory reports, validate ineligible collateral and available borrowing bases according to approved eligibility terms and conditions for Asset Based Lending (“ABL”) loans.Prepare monthly trend cards and identify unfavorable collateral information, adverse trends, or issues impacting bank’s collateral valuation.Run Experian reports for days beyond terms on borrowers and highly concentrated account debtors.Review collateral exams and inventory appraisals of assigned borrowers and update borrowing bases and trend cards to reflect the findings from the exams and/or valuations from the appraisals as accepted by the Business Units and the Credit Supervisors.Prepare BBC templates as well as borrowing bases for new loans and modification on existing loans prior to loan closing. Review loan agreements to ensure the sections relating to terms and conditions of borrowing bases and collateral are consistent with those approved by Credit Supervisors.Perform other duties, tasks and projects as requested by the department from time to time. Qualifications Good verbal and written skills to interact and communicate with clients as well as personnel in various departments of the bank.Proficient use of Microsoft Office Programs and data mining program such as Asset Reader. Intermediate Excel skill is preferred.Completed courses in Accounting, Finance, Business Administrations, or related subject.Previous experience with collateral monitoring and Asset Based Lending is a plus but not required as long as the candidate is willing to learn. Compensation The base pay range for this position is USD $20.00/Hr. - USD $30.00/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
Software Powered by iCIMS
www.icims.com