Top-Tier Commercial Bank in Midtown, Manhattan is seeking multiple Commercial Loan Operations candidates for permanent positions!
Responsibilities:
Collect and maintain information for credit analysis and evaluation of credit facility applications
Arrange and negotiate credit facilities for clients to meet their financing needs
Answer and handle customers' enquiries on credit facilities and procedures
Maintain and monitor utilization of credit facilities
Conduct calls and site visits to gain a better understanding of the client and progress of construction projects
Monitor delinquent or problem loan and credit facilities
Interact with internal departments, e.g. Credit Administration, Deposit, and Compliance, to provide efficient customer service and to facilitate loan closings
Review loan accounts regularly to ensure stable financial performance and repayment capabilities. Details are listed below:
conduct collateral analysis
review appraisal report
research market conditions
conduct financial analysis on borrower's financial capability to repay the loan: balance sheet/income statement/cash flow statement
evaluate the equity and liquidity positions of guarantors of every loan account
analyze the leverage position and cash flow projection of large borrowing customer groups
review credit history of applicants
Qualifications:
Must be fluent in Mandarin or Cantonese
Bachelor's Degree
Prior experience working with commercial or construction loans
Excellent working knowledge of underwriting and credit risk administration for owner occupied and investment commercial real estate, commercial and industrial and construction loans.