Credit Analyst Job in El Monte, California Us

 

Assist a team of Credit Analysis Officers and Account Officers with the recommendations for new credit and extensions of credit through research, analysis, and coordination of accurate financial documentation.

 

 

  1. Prepares credit analysis and investigation of new and renewed commercial loan requests and provides the necessary financial documentation and financial facts for Underwriters to analyze, evaluate, and determine appropriate credit structure and terms for potential borrowers.
  2. Monitors for receipt, and analyzes and evaluates financial documents surrounding credits.  This may include financial statements for the company, owners, and/or guarantors, tax returns, cash flow, collateral, covenants, A/V A/R aging, credit reports, etc. to identify strengths and weaknesses as pertaining to a borrower’s financial position.
  3. Provides analytical functions relating to due diligence and financial statements analyses related to transactions, credit approval, and renewals.  Prepares summary documenting factual analysis and supporting information for credit decision recommendations.
  4. Prepares qualitative analysis, financial spreads and projections for Credit Analysis Officer.
  5. Identifies covenant violations and material changes in commercial client/company performance and escalates to Credit Analysis Officer.

 

QUALIFICATIONS

 

·         Education:    Bachelor’s degree in Finance, Accounting, Business or related field or 2 years related experience in credit or financial analysis within Cathay.  Intermediate accounting is required or must be completed within 18 months of hire.

·         Skills/Ability: Working knowledge of credit, accounting, credit policy and financial statement analysis.  Excellent organizational and analytical skills.  Excellent ability to analyze credits, as well as a detailed knowledge of lending structure and sources and uses of cash.  Good verbal and written communication skills to present clear and precise recommendations based upon analysis for action on loans and loan treatments.  Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook); ability to work successfully both independently and as a team player.

How to appply:  Please send your resume to jobs@cathaybank.com

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