Bank of Hope

Portfolio Manager-Media & Entertainment-CIB

Bank of Hope • $200K — $225K *
Los Angeles, CA 90011In-Person
Finance & Insurance
5 - 7 years of experience
4 days ago
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Job Overview by Ladders

Qualifications

  • 5-10 years of experience in banking required.
  • Strong proficiency in analyzing financial information and complex calculations.
  • In-depth knowledge of banking regulations and compliance requirements.
  • Excellent written and verbal communication skills to effectively interact with varied stakeholders.
  • Proven ability to respond to sensitive inquiries and resolve customer complaints competently.
  • Highly analytical with strong problem-solving abilities, capable of interpreting complex data.

Responsibilities

  • Manage and assess risks in the Media & Entertainment loan portfolio.
  • Drive the credit loan approval process from pre-discussion to underwriting.
  • Collaborate with senior management in loan structuring and credit approvals.
  • Cultivate relationships with internal and external stakeholders fostering teamwork and communication.
  • Conduct prospect calls to strengthen client relationships and gather insights for effective lending.
  • Mentor junior staff, ensuring their professional development and adherence to best practices.
  • Ensure compliance with lending regulations and secure sensitive information from potential threats.

Benefits

  • Comprehensive benefits package, including health, dental, and retirement plans.
  • Opportunities for professional development and further education.
  • Supportive work environment focused on work-life balance.
  • Access to cutting-edge banking technology and resources.
Full Job Description
We are seeking an experienced Portfolio Manager-Media & Entertainment to support our Corporate and Institutional Banking (CIB) Group. As a Portfolio Manager within the Media & Entertainment team, you will be a senior member of the lending team and will be responsible for assisting in the managing of risk in the portfolio and the individual credits that comprise the portfolio; helping in the structuring and underwriting of new transactions, and mentoring and training of junior staff.

  • Ongoing Media & Entertainment ("M&E") loan portfolio and risk management activities, including monitoring borrowers' operating performance and financial condition. Experience and duties shall include the following:
    • Proficiency in borrowing base and cash flow lending.
    • Experience with managing syndicated loans.
    • Credit quality assessment to ensure appropriate risk ratings at all times.
    • Complete quarterly Trend Cards with presentations to credit management at the group's quarterly review meetings.
    • Identify early warning signs of loans and provide immediate notification to the Head PM and Head RM to discuss an action plan, participate in discussions with Senior Management and Credit Administration and to monitor performance to action plan.
    • Monitor borrowers' compliance requirements and update Bank systems in a timely manner.
    • Monitor loan repayment activities and take necessary action to collect past due accounts.
  • Drive the internal credit loan approval process from pre-discussion through full underwriting, coordinating diligence requirements/ proposed timelines and establishing the appropriate structure of credits.
  • Collaborate with the Head of M&E/Head Portfolio Manager in loan structuring, underwriting and credit approval consistent with the Bank's policy guidelines.
  • Maintain and cultivate an effective working relationship with internal Bank clients (operations, legal, compliance, senior management) and external clients (borrowers, outside counsel, bank syndicates, specialized consultants).
  • Attend and conduct joint prospect/client calls with Head of M&E/Head Portfolio Manager to learn and contribute to the full banking relationship.
  • Develop and mentor junior staff.
  • Ensure implementation and compliance to meet lending and other applicable banking requirements.
  • Comply with the Bank's security program, including but not limited to:
    • Review and comply with the End-User Computing Agreement
    • Acquire good knowledge on functions and usage of computer systems as related to the assigned job functions.
    • Be current and knowledgeable in industry's trend in safeguarding the Bank against confidential data leak, identity theft, fraudulent activities, and computer security threats.
    • Reports suspicious activities to manager, Chief Risk Officer or Information Security Officer.


Job Qualifications/Requirements

  • Required: Minimum five to ten years of experience in banking.
  • Required: Ability to analyze and organize financial information and perform complex financial calculations
  • Required: Detailed knowledge of banking regulations and laws; compliance documentation, and reporting requirements.
  • Required: Excellent written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
  • Required: Ability to respond effectively to the most sensitive inquiries or customer complaints.
  • Required: Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, employees, regulators, or board members.
  • Required: Excellent analytical skills including the ability to define problems, collect data, establish facts, and draw conclusions.
  • Required: Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • Required: Ability to demonstrate a high level of ethical behavior and follow the Code of Conduct.
  • Required: Organizational ability with strong supervisory and management skills.
  • Required: Ability to remain flexible in order to adapt to changes in the work environment.
  • Required: Ability to study and apply new information.
  • Required: Ability to take initiative and prioritize tasks; good time-management, problem prevention, and problem-solving skills.
  • Required: Ability to work accurately with close attention to detail.
  • Required: Ability to maintain confidentiality of sensitive information.
  • Required: Ability to work with co-workers, customers, and outside agencies professionally and tactfully.
  • Required: Possess a work ethic that includes neatness, punctuality, and accuracy.
  • Required: Exhibit a professional, businesslike appearance and demeanor.
  • Required: Supervise and monitor staff for successful operations and proper customer service.


The salary range for this full-time position is $200,000 - $225,000 annually + bonus + benefits

Salary ranges are determined based on qualifications, level, and location.

Exact compensation may vary based on your skills and experience.

About Bank of Hope

Bank of Hope is a commercial bank headquartered in Los Angeles, California. It was founded in 1976 as BBCN Bank and changed its name to Bank of Hope in 2017. The bank provides a wide range of financial products and services to individuals, small businesses, and commercial clients, including deposit accounts, loans, credit cards, and wealth management services. Bank of Hope operates more than 50 branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama. The bank is committed to serving the needs of the Korean-American community and other diverse communities, and has been recognized for its efforts to promote diversity and inclusion in the workplace.
Learn more about Bank of Hope
Size
1,300 employees
Industry
Finance & Insurance
* Ladders Estimates

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