• Loan Monitoring Supervisor

    Location US-CA-El Monte
    Job ID
    2018-5562
    Category
    Banking Operations/Back Office
    Position Type
    Full-Time
  • Overview

    For more than 40 years, East West Bank has served as a pathway to success. With over 130 locations across the U.S. and Greater China, 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, high-tech and aviation help build sustainable businesses and expand our employees’ potential for career advancement.

    Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With assets of $37.7 billion, we’re ranked among the 30 largest banks in the United States and currently top 5 in “America’s 100 Best Banks” by Forbes, a list where we've consistently been in the top 15 since 2010. With a strong foundation, an enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

    The Loan Monitoring Supervisor is mainly responsible for supervision of Loan Monitoring staff, oversight of the Bank’s commercial loan FNMA loan monitoring processes, and support Loan Monitoring related ad hoc tasks, projects and/or initiatives. This position requires the individual to have good commercial lending knowledge, excellent communication skills and multi-tasking skills, and ability to manage, train, and motivate employees.

    Responsibilities

    1. Manages the department, trains and evaluates staff, develop and monitor staff scorecards, prioritizes and assigns work, and ensures accurate and timely completion of work.
    2. Respond and assist Loan Monitoring staff in responding to inquiries from internal business partners (such as the front-end lending teams, back-office Loan Operations teams, Credit Supervision, Credit Administration, etc.) or external customers regarding Loan Monitoring related questions.
    3. Write, update and maintain Loan Monitoring related procedures to ensure there is no gap in Loan Monitoring processes and between bankwide policy/procedures and Loan Monitoring practices.
    4. Identify opportunities for improving efficiency, accuracy and/or customer service of Loan Monitoring processes and work with related internal and/or external parties to implement the applicable changes.
    5. Manage and handle FNMA loan portfolio monitoring related tasks.
    6. Manage the preparation of the reports regarding Loan Monitoring reports that are provided to Management and  internal business partners (such as the front-end lending teams, back-office Loan Operations teams, Credit Supervision, Credit Administration, etc.).
    7. Manage the Loan Monitoring waiver practice based on the policy and/or guidance from Credit Supervision.
    8. Work with IT and/or vendor to resolve Loan Monitoring system related issues as necessary.
    9. Provide business partners with support on and be actively involved in the projects/initiatives that need input from Loan Monitoring.
    10. Provide training to internal business partners regarding Loan Monitoring system as necessary.
    11. Perform related operational and administrative functions as directed by management.

    Qualifications

    • Bachelor's degree in finance, accounting, business, engineering, science or related fields.
    • Minimum 3 year experience in commercial lending; Minimum 2 year experience in commercial loan monitoring.
    • Minimum 1 year experience supervising Loan Monitoring or Credit Admin related function teams.
    • Multi-task capability required
    • Working knowledge and understanding of commercial loan monitoring, commercial credit and FNMA loan monitoring
    • Attention to detail.
    • Intermediate skill in MS Excel and Word
    • IBS Insight, LPS and CASH experience preferred
    • Comfortable with rapid pace and ambiguity

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Connect With Us!

    Not ready to apply? Connect with us for general consideration.