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Loan Officer I at Bank of Hope

Los Angeles, California, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Sep, 26

Salary

38.46

Posted On

12 Jun, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Commercial Loan Underwriting, Credit Monitoring, Financial Analysis, Cash Flow Analysis, Financial Covenant Monitoring, Credit Approval Memo Preparation, MS Applications

Industry

Banking

Description

We are currently seeking a LO I to support our Commercial Lending Unit. As the LO I, you will be responsible for commercial loan underwriting and credit monitoring/reporting. As part of loan underwriting, you should be able to perform financial analysis and cash flow analysis with good analytical skills. You will be asked to monitor financial covenants and reporting conditions per loan agreement and to report any violation to manager. You will be asked to submit credit approval memo in timely manner for loan approval. In addition, you should be able to present the loan package to appropriate lending authority for approval. Job Qualifications/Requirements * Minimum Education Level: Bachelor’s Degree, preferably in Accounting and Finance * Minimum Job Experience: 1-2 years of commercial lending experience * Language requirements: Korean bilingual preferred * Computer/software skills: Intermediate with MS Applications The salary range for this full-time position is $36.06 - $38.46 hourly+ bonus + benefits Salary ranges are determined based on qualifications, level, and location Exact compensation may vary based on your skills and experience. Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.

Responsibilities

Responsible for commercial loan underwriting, financial analysis, and cash flow analysis. Duties include monitoring financial covenants and presenting loan packages to lending authorities for approval.