Credit Risk Professional II, Associate (Bilingual English-Japanese) - The Ashlar Group
Los Angeles, CA 90001
About the Job
Company - Commercial Bank
Position - Credit Risk Professional II, Associate (Bilingual English-Japanese)
Compensation - DOE
Position Type - Full Time
Location - Los Angeles, CA
Description
Join a financial group that's as committed to your future as you are. At our company, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Our 14,000 diverse colleagues are connected by a common ambition to create change for the better—from forging more dynamic career paths, to driving progress in our communities, to continuously reshaping the standards of global financial services. Positive impact starts here; see the change you can make as we strive to become the world's most trusted financial group.
The Credit Risk Professional II is responsible for the implementation of the credit risk management function, providing recommendations to the firm-wide Credit Committee. Monitor and manage the credit exposure within portfolios and individual transactions, continually review counterparty credit-worthiness, and develop credit exposure methodologies in conjunction with risk analytic systems. Day-to-day focus is on resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes. Role at this level usually has full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural experts representing a unit or team on cross-function process or project deliverables.
Major Responsibilities:
Responsible for the in-depth knowledge of particular industries and all current events utilizing internal and external sources.
Manage a segment of an industry vertical or primarily investment grade general commercial loan portfolio. Prepare detailed credit analyses and required credit application according to policy, including evaluation of loan purpose and structure, repayment sources, corporate, regulatory and industry risk, liquidity, asset protection, historical and projected operating performance, and capital structure.
Proactive coordination with execution team and Loan Transaction Unit for proper booking of newly assigned accounts.
Continuously identify opportunities to enhance Credit Risk reporting and processes.
Train, guide and motivate junior staff to promote timely production of reports and effective performance. Assist in management and control of credit applications.
Facilitate the approval process for credit actions and loan sales.
Coordinate the self-assessment process to establish the loan loss reserves.
Maintain and monitor compliance reporting requirements.
Qualifications
5-8 years' experience of banking or financial services.
Extensive portfolio management experience and ability to handle refinancing of existing loans.
Sound knowledge of finance, accounting, legal/documentation, and administration.
Excellent communication and networking skills.
Proficient in MS Word, Excel, PowerPoint, and Access.
Strong administrative skills, knowledge of loan administration and accounting procedures.
Good knowledge of FED and FSA requirements regarding write-off and reserves on problem loans. Excellent analytic and quantitative skills.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Job: Risk & Compliance
Primary Location: United States-CALIFORNIA-Los Angeles
COMPENSATION
Base Salary - DOE
Benefits - Full
Relocation Assistance Available - No
Commission Compensation - No
Bonus Eligible - Yes
Overtime Eligible - No
Interview Travel Reimbursed - Yes
CANDIDATE DETAILS
5+ to 7 years experience
Management Experience Required - No
Minimum Education - Bachelor's Degree
Willingness to Travel - Occasionally
ADDITIONAL DETAILS
Location: Los Angeles
Industry: Financial Services - Commercial Banking
Job Category: Finance / Accounting - Risk Management
Hours Per Week: 40
Visa Candidate Considered: Yes
Position - Credit Risk Professional II, Associate (Bilingual English-Japanese)
Compensation - DOE
Position Type - Full Time
Location - Los Angeles, CA
Description
Join a financial group that's as committed to your future as you are. At our company, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Our 14,000 diverse colleagues are connected by a common ambition to create change for the better—from forging more dynamic career paths, to driving progress in our communities, to continuously reshaping the standards of global financial services. Positive impact starts here; see the change you can make as we strive to become the world's most trusted financial group.
The Credit Risk Professional II is responsible for the implementation of the credit risk management function, providing recommendations to the firm-wide Credit Committee. Monitor and manage the credit exposure within portfolios and individual transactions, continually review counterparty credit-worthiness, and develop credit exposure methodologies in conjunction with risk analytic systems. Day-to-day focus is on resolution of complex problems or transactions, where expertise is required to interpret against policies, guidelines or processes. Role at this level usually has full ownership for one or more processes, reports, procedures or products, and may also be considered analytical or procedural experts representing a unit or team on cross-function process or project deliverables.
Major Responsibilities:
Responsible for the in-depth knowledge of particular industries and all current events utilizing internal and external sources.
Manage a segment of an industry vertical or primarily investment grade general commercial loan portfolio. Prepare detailed credit analyses and required credit application according to policy, including evaluation of loan purpose and structure, repayment sources, corporate, regulatory and industry risk, liquidity, asset protection, historical and projected operating performance, and capital structure.
Proactive coordination with execution team and Loan Transaction Unit for proper booking of newly assigned accounts.
Continuously identify opportunities to enhance Credit Risk reporting and processes.
Train, guide and motivate junior staff to promote timely production of reports and effective performance. Assist in management and control of credit applications.
Facilitate the approval process for credit actions and loan sales.
Coordinate the self-assessment process to establish the loan loss reserves.
Maintain and monitor compliance reporting requirements.
Qualifications
5-8 years' experience of banking or financial services.
Extensive portfolio management experience and ability to handle refinancing of existing loans.
Sound knowledge of finance, accounting, legal/documentation, and administration.
Excellent communication and networking skills.
Proficient in MS Word, Excel, PowerPoint, and Access.
Strong administrative skills, knowledge of loan administration and accounting procedures.
Good knowledge of FED and FSA requirements regarding write-off and reserves on problem loans. Excellent analytic and quantitative skills.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Job: Risk & Compliance
Primary Location: United States-CALIFORNIA-Los Angeles
COMPENSATION
Base Salary - DOE
Benefits - Full
Relocation Assistance Available - No
Commission Compensation - No
Bonus Eligible - Yes
Overtime Eligible - No
Interview Travel Reimbursed - Yes
CANDIDATE DETAILS
5+ to 7 years experience
Management Experience Required - No
Minimum Education - Bachelor's Degree
Willingness to Travel - Occasionally
ADDITIONAL DETAILS
Location: Los Angeles
Industry: Financial Services - Commercial Banking
Job Category: Finance / Accounting - Risk Management
Hours Per Week: 40
Visa Candidate Considered: Yes
Source : The Ashlar Group