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At American Plus Bank, employees are our greatest assets and key to our success with customers. We value each other and are committed to every employee’s personal and professional growth. American Plus Bank is an Equal Opportunity Employer.
The Bank is seeking an experienced loan underwriter to provide comprehensive credit support covering both new loan underwriting and ongoing portfolio management. The position will have a significant focus on commercial real estate and construction lending, including ground-up construction, renovation and other commercial real estate development projects.
The successful candidate will be responsible for analyzing and underwriting commercial credits and monitoring an assigned portfolio after closing.
DUTIES
Commercial Loan Underwriting
- Underwrite new and existing CRE, owner-occupied, non-owner occupied, and construction loan requests.
- Analyze borrower and guarantor financial statements, tax returns, global cash flow, liquidity, net worth and reppayment capacity.
- Evaluate property operating statements, rent rolls, leases, appraisals, marketing conditions, LTV, DCR, and other relevant credit metrics.
- Analyze sources and uses of funds, equity contributions, repayment sources, collateral, guaranties, covenants, and proposed loan structures.
- Identify material credit risks, policy exceptions, weaknesses, and mitigating factors.
- Prepare comprehensive credit analysis, loan presentations, and write-up for Management and Directors Loan Committee review.
- Coordinate with Business Development Officer to obtain additional information and strenghthen proposed loan structures.
- Cross sell other Bank products and services.
- Accept other duties as deemed necessary by the supervisor, and the Chief Lending Officer.
Commercial Loan Portfolio Management
- Manage and monitor an assigned commercial loan portfolio.
- Complete annual reviews, renewals, extensions, modifications, and periodic credit updates.
- Monitor borrower financial statements, tax returns, rent rolls, operating statements, insurance and other required documentations
- Monitor financial covenants and other loan conditions.
- Maintain accurate loan ticklers, and ensure required information is obtained timely.
- Identify early warning signs, deteriorating financial conditions, covenant violations, deliquency, and other emerging credit concerns.
- Assist with criticized and classified assets, workout situations, and special assets when necessary.
Construction Loan Underwriting
- Underwrite ground-up construction, renovation, conversion, and other commercial construction projects.
- Review construction budgets, plans, specifications, permits, contracts, contingencies, and sources and uses.
- Analyze project feasibility, projected costs, projected revenues, absorption, stabilization, and ultimate repayment or takeout strategy.
- Evaluate borrower, developer, contractor, architect, and other key project participants.
- Assess guarantor financial capacity, liquidity, net worth, and ability to support the project.
Construction Loan Portfolio Monitoring
- Monitor construction projects from closing through completion and stabilization.
- Review construction draws requests, inspection reports, budget to actual information, remaining costs, and project progress.
- Monitor construction budgets for cost overruns, funding shortfalls, and changes in project scope.
- Identify potential delays or deficiencies and escalate material concerns to senior management.
QUALIFICATIONS
Education: Bachelor degree in Business Administration or Finance is preferred.
Experience: Minimum 7 years of commercial banking credit, underwriting, portfolio management experience. Strong judgement and ability to identify and communicate credit risks. Strong construction lending experience, preferably covering the full loan cycle, from underwriting through funding, construction loan monitoring, completion, stabilization, and repayment or permanent financing.
Skills/Ability: Extensive knowledge of financial analysis, economic trend, loan origination with business development skills. PC proficient in Word and Excel. Excellent verbal and written communication skills.
** Salary Range: $85K to $100K per year; EOE
SUMMARY
Manage customer services and operations functions of the assigned branch. Ensure branch operations activities run smoothly and efficiently by coordinating staff for coverage in all related areas of branch operations, reviewing and approving transactions within guidelines, reviewing daily operations reports, and ensuring regulatory compliance and staff adherence to Bank policies and procedures. Maintain operational integrity and minimal operations loss of the branch.
DUTIES
- Manage the operations functions of the branch to ensure the highest level of customer service, operating efficiencies, and compliance with the Bank's operating standards and regulatory requirements including but not limited to BSA, information security, bank security, and privacy policies.
- Ensure the branch effectively manages the risks associated with each customer relationship. Utilize good judgment to ensure that any potential loss situation that could adversely affect the Bank is given an adequate level of visibility with senior management as well as appropriate units within the Bank.
- Ensure sound operating conditions are maintained in the branch by utilizing the timely completion of monthly branch certifications and operational reviews.
- Participate with Branch Manager and Regional Management in determining client objectives and quality of service. Assist in attaining established Bank and branch goals through active participation in sales management and officer call programs.
- Meet with staff on regular basis to discuss new and existing products, service productivity and client relations/satisfaction. Advise management on issues affecting customer service to ensure the timely research and resolution of problems. Identify and recommend methods to improve effectiveness, efficiency and program(s) productivity.
- Provide guidance and assistance to branch colleagues in resolving procedural and personnel administration problems. Provide instruction and cross training on Bank procedures and banking regulations. Ensure performance reviews/evaluations of the branch's non-officer staff are completed timely, objectively and with proper emphasis on individual development, coaching skills, customer servicing skills, and sales/referral activities.
- Manage to Process outgoing returned items and/or charge-back items to deposit accounts.
- Approve the ordering of branch supplies.
- Ensure review inclearing interest checks items for all branches.
- Ensure Balancing interest check for all branches.
- Ensure ATM Debit card reconciliation for all branches.
- Ensure Return non-post ACH item and check for all branches (no account on file).
- Manage in Legal Process for all branches.
- Manage in all Accounting dept/# 88 transactions like open, maintain & close accounts.
- Manage to Set up/change/delete Loan ACH auto payments for BHG borrowers.
- Backup to approve Mobile Deposits for all branches.
- Serve as Security Officer for the branch.
- Accept other duties as deemed appropriate by supervisor.
QUALIFICATIONS
Education: College degree with business classes preferred but not required.
Experience: 5 to 7 years of bank branch operations experience with transactions approval authority and supervisory responsibility.
Skills/Ability: Thorough knowledge of bank branch operations-related regulations and bank products, and good verbal/written communication skills in English and/or Chinese.
** Salary Range: $70K to $75K per year; EOE
SUMMARY
Managing customer services and operations functions of the assigned branch, Assistant Operations Officer ensures operations activities run smoothly and efficiently by coordinating staff for coverage in all related areas of branch operations, reviewing and approving transactions within guidelines, reviewing daily operations reports, and ensuring regulatory compliance and staff adherence to Bank policies and procedures.
DUTIES
•Manage the operations functions of the branch to ensure the highest level of customer service, operating efficiencies, and compliance with the Bank’s operating standards and regulatory requirements.
•Ensure the branch effectively manages the risks associated with each customer relationship. Utilize good judgment to ensure that any potential loss situation that could adversely affect the Bank is given an adequate level of visibility with senior management as well as appropriate units within the Bank.
•Ensure sound operating conditions are maintained in the branch by utilizing the timely completion of monthly branch certifications and operational reviews.
•Assist in attaining established Bank and branch goals through cross-selling.
•Meet with staff on regular basis to discuss new and existing products, service productivity and client relations/satisfaction. Advise management on issues affecting customer service to ensure the timely research and resolution of problems. Identify and recommend methods to improve effectiveness, efficiency and program(s) productivity.
•Provide guidance and assistance to branch colleagues in resolving procedural and personnel administration problems. Provide instruction and cross training on Bank procedures and banking regulations. Ensure performance reviews/evaluations of the branch’s non-officer staff are completed timely, objectively and with proper emphasis on individual development, coaching skills, customer servicing skills, and sales/referral activities.
•Prepare BSA related monitoring reports.
•Accept other duties as deemed appropriate by supervisor.
QUALIFICATIONS
Education: College degree with business classes preferred but not required.
Experience: Minimum 5 years of bank branch operations experience with transactions approval authority and supervisory responsibility.
Skills/Ability: Thorough knowledge of bank branch operations-related regulations and bank products, and good verbal/written communication skills.