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Portfolio Manager

Company: East West Bank -
Location: Pasadena
Posted on: September 23, 2022

Job Description:

Introduction
Since 1973, East West Bank has served as a pathway to success. With over -120 locations across the U.S. and Greater China, 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, enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview
East West Bank is currently looking for a Portfolio Manager for the Commercial Banking Team. This individual will manage lending/credit for a wide range of credit relationship, lead the due diligence process and deal structuring process, and partner with the Business Development Team for the delivery and negotiation of credit solutions.
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 liason 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 3rd 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 CRE and C&I 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

Keywords: East West Bank -, Pasadena , Portfolio Manager, Accounting, Auditing , Pasadena, California

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