Job Information
Metro City Bank Portfolio Analyst I in Doraville, Georgia
Description
Title: Loan Portfolio Analyst
Department: Loans
Reports to: Loan Closing and Portfolio Manager
Overview:
The Commercial Loan Portfolio Analyst is responsible for analyzing credit requests and data, generate credit write-ups, analyze financial statements, assist in credit recommendations, insure compliance of loans with credit policy and manage the Commercial loan portfolio. Additionally, this role will complete international trade duties, related import/export letter of credits, documentation of collections and payments, wire transfers and provide standby letter of credits.
Essential Duties:
Perform financial statement analysis, credit report analysis and analysis of property for renewal.
Industry research, Develop and negotiate revised loan repayment terms
Present recommendations to the credit committee
Prioritize multiple tasks to meet business deadlines while ensuring credit integrity of the transaction
Collect financial statements, tax returns, personal financial statements, insurance, title work, etc. for proper maintenance of the loan portfolio
Perform annual loan reviews and site visits
Perform CRE stress test on a semi-annual basis
Follow up on Insurance lapse and forced placed insurance as well as delinquent property taxes
Effectively communicate with the customer regarding collateral swap/partial buy down
Send non-renewal letter to matured loan borrowers
Send demand letters to delinquent loan borrowers
Handle Int'l trade related collections, financial arrangements, tracers and payments both import and export
Process import letter of credits issuance, negotiations, banker's acceptance, financial arrangements and payments
Provide Standby Letter of Credit issuance, amendment, negotiation and reimbursement.
Manage Exp011 Letter of Credit advising, transferring, assignment, negotiation, documentation, reimbursements, financial arrangements, and payments
Execute all Letter of Credit through our correspondent banks worldwide, as well as establishing correspondence relationships.
Work closely with customers, and freight forwarders to determine that necessary documentary requirements can be met
Verify and approve International & Domestic outward wire transfers, request data entry person to correct if any
Ensure strict compliance to relevant laws, regulations, and International Practices relating to: UCP600, URR525, URC522, and ISP98.
Perform all duties in compliance with BSA/AML regulations and requirements
Obtains adequate data for CIP on all wire and money instrument transactions
Monitors and reports suspicious activity to the BSA Officer
Education/Additional Training or Certifications:
Some College or Associates Degree in finance or equivalent work experience
2 – 3 Years work experience in a financial institution
Knowledge/Experience:
Software skills including Microsoft Office, Adobe, Internet, and Email
Ability to communicate objective views based on professional analysis
Knowledge of economic and accounting principles and practices, banking and the analysis and reporting of financial data
Organized and able to manage multiple projects with differing priorities to meet deadlines.
Knowledge and understanding of financial statement analysis
Strong time management skills and ability to meet deadlines
Language Skills
- Bilingual skills in reading, writing and speaking English/Korean, English/Chinese preferred.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to stand; walk and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and color vision.
AAP/EEO Statement:
Metro City Bank is an Equal Employment Opportunity/Affirmative Action Employer with regard to Females, Minorities, Veterans and Disabled Persons
Other DutiesPlease note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)