East West Bank

Portfolio Manager

East West Bank$75K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree preferably in finance and/or accounting, or related education with financial knowledge.
  • 8+ years of accounts receivable and inventory lending experience.
  • 5+ years of direct experience in portfolio management and underwriting.
  • Deep understanding of credit policies, procedures, and risk assessment for loans.
  • Strong written and verbal communication skills.

Responsibilities

  • Monitor loan repayment and financial conditions of borrowing clients; take action on overdue accounts.
  • Act as a liaison between clients and internal teams, partnering with the Relationship Manager.
  • Underwrite credit risk for new and existing loans, addressing any problematic loans.
  • Independently manage the renewal process with existing clients.
  • Oversee transactions from underwriting through to closing stages.
  • Conduct due diligence on asset-based financing transactions.
  • Analyze financial statements, tax returns, and third-party reports for loan assessments.

Benefits

  • Opportunity for professional development and growth within the organization.
  • Engagement with a diverse portfolio of clients across industries.
  • Collaboration with experienced banking professionals and team members.
  • Exposure to various aspects of credit and risk management.
Full Job Description
Overview

East West Bank is seeking a Portfolio Manager. 

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 AR and inventory 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

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

CompensationThe base pay range for this position is USD $75,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

About East West Bank

East West Bank is a bank based in California that provides personal and commercial banking services. The bank was founded in 1973 and has grown to become one of the largest banks in the United States. East West Bank has over 120 locations in the United States and China, and offers a range of financial products and services to its customers. The bank is committed to providing excellent customer service and helping its customers achieve their financial goals.
Learn more about East West Bank
Size
3,100 employees
Market Cap
$9 billion
Industry
Net Income
$567.8 million
Founded
1998
5 Year Trend
+7.3%
NASDAQ

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