ABL Collateral Monitoring Manager

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

East West Bank is looking for a VP/FVP ABL Collateral Monitoring in our ABL Collateral Monitoring Team. This role will report to the SVP/Senior Credit Supervisor. The officer will be responsible for managing the portfolio of primarily ABL loans and working with external and internal clients to support the business.

• Manage ABL loans directly or indirectly by supporting and interacting with the Business Lines and Credit Supervisors, as well as communicating with ABL Borrowers
• Monitor ABL collateral through the review of borrowing base certificates (“BBC’s”), trend cards, field exam and appraisal reports.  Provide commentary on trend card reviews with focus on adverse trends and alert Business Line and Credit Supervisors for items that warrant attention
• Immediately notify Business Line and Credit Supervisors on over-advances
• Alert Business Line and Credit Supervisors on delinquent collateral reporting
• Assist Credit Supervisors in non-ABL loan monitoring when requested.  Review collateral reports provided by the non-ABL borrowers on a monthly or quarterly basis. Identify issues from the review of the mock BBC's and trend cards
• Ensure accuracy of the ABL structure in the Commercial Credit Report for credit approval as well as borrowing base administration and loan documentation
• Assist in loan closing as it relates to funding borrowing base certificate preparation, legal documentation review of ABL structure, and proper account setup, etc.
• Participate in field exam planning meetings with the Collateral Assurance Team
• Participate in field exam exit interviews with the Collateral Assurance Team, Field Examiners, and ABL Borrowers
• Review and assure the quality and accuracy of various reports analyses, including but not limited to the BBC's and Trend Cards, compiled by ABL Collateral Analysts
• Provide guidance and necessary trainings to ABL Collateral Analysts
• Take on projects to improve the overall efficiency and effectiveness of the ABL Collateral Monitoring Team
• Provide a culture which facilitates an environment of encouragement, creative problem resolution, trust, and openness to create an effective, efficient and reliable ABL Collateral Monitoring Team

• 7+ years of Asset Based Lending experience
• 5-7+ years of direct ABL portfolio monitoring/management experience
• Has comprehensive experience in dealing with a wide array of borrowers under different credit structures
• Experience in ecommerce portfolio and/or foreign collateral lending a plus