Pasadena, CA, US
17 days ago
Senior Financial Analyst
Welcome page Returning Candidate? Log In Here Senior Financial Analyst Location US-CA-Pasadena Job ID 2024-11392 Category Accounting/Finance 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

We are currently seeking a Senior Analyst for our ACL team. As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.

Responsibilities Assist with the allowance for credit losses (“ACL”) process, including calculations, analysis, and documentationResponsible for obtaining and reviewing loan charge-offs for appropriateness and accuracyInteract with the Bank’s lending officers, credit supervision department, and the credit-risk management department to ensure charge-offs are recorded timely and appropriate inputs are considered in loan valuationsProvide assistance in the review of banking regulatory reportsAssist with researching and implementing regulatory and accounting standards relevant to ACLPerform ad-hoc financial analysis as requiredProvide financial and analytical expertise to assist in building and improving quantitative models for credit-loss estimation models (statistical credit models) for the entire loan portfolio to support allowance for credit loss (including current expected credit loss preparation)Identify and/or address potential process gaps or process improvements including data gaps in model, other quantitative tools, and policy governanceAssemble, compile, and analyze information, and resolve errors/inconsistencies in data from loan systems and modeling team Collaborate with modeling and data management teams on model and data performance matters.Develop presentations and written materials to convey the results of research and analysis projects Assist in cross training the ACL teamPerform other assignments and special project as requested by management Qualifications Bachelor’s degree required; degree in accounting/finance/statistics preferred4+ years of relevant experience in accounting or finance in banking/financial servicesDetail oriented individual with strong analytical, organizational, and problem-solving skillsProficiency with Microsoft Excel requiredStrong verbal and written communication skillsAbility to work well independently as well as in a teamBanking, credit risk or loan accounting experience preferredStrong understanding of credit models, CECL, ACL (formerly, ALLL), credit risk, financial risk, operations risk, and their processes highly preferredAbility to communicate complex analytical issues in understandable terms appropriate for management interactions (regulators, vendors, executives, etc.)Ability to successfully work on projects and project teamsProficiently use SQL Compensation The base pay range for this position is USD $80,000.00/Yr. - USD $95,000.00/Yr. 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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