What are the responsibilities and job description for the Portfolio Manager position at East West Bank?
Introduction
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.
Overview
The Structured Finance/Specialty Finance Portfolio Manager will be responsible for underwriting, credit monitoring and portfolio management of a portfolio of clients where the repayment of the loan is based on cash flows provided by various asset classes.
Responsibilities
- Assist Relationship Manager in underwriting and managing transactions according to the Bank establish guidelines and policies
- Monitor ongoing credit/covenant compliance and be responsible for proactive credit review of the portfolio
- Analyze and create financial loan memorandums to generate new loans and modifications.
- Manage the renewal process by working with the Relationship Manager, the client and the credit department including upsizes/amendments/waivers
- Ensure compliance with EWB regulatory and credit requirements
- Develop problem loan credit solutions
- Ensure the portfolio administration and risk management of each client relationship follows established EWB credit policy, procedures, and business strategy as well as commercial and regulatory guidelines
- Review legal documentation for accuracy and compliance with approval requirements
- Perform other administrative duties required for the maintenance of a portfolio of clients
- Maintain knowledge of market conditions.
Qualifications
Required Skills/Abilities:
- Good understanding of structured finance and securitization.
- Ability to understand and advise on complex financial proposals.
- Excellent verbal and written communication skills.
- Excellent interpersonal and customer service skills.
- Excellent organizational skills and attention to detail.
- Strong analytical and problem-solving skills.
- Strong Excel skills.
Education and Experience:
- Bachelor’s degree in Accounting, Finance, or Economics required; MBA preferred.
- At least five years of experience in structured finance/securitization.
Compensation
The base pay range for this position is USD $90,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.Salary : $90,000 - $150,000
