What are the responsibilities and job description for the Credit Manager position at Hanmi Bank?
SUMMARY
The Credit Manager responsible for coordinating and underwriting of Commercial, C&I, SBA, Real Estate Lending, Consumer and Commercial Equipment Leasing transactions while adhering to all Bank policies and procedures, as well as, all applicable state and federal banking regulations.
Ensures compliance with established Bank policies and procedures. Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following : GLBA (Gramm-Leach-Bliley Act), Regulation Z (Truth in Lending Act), Regulation DD (Truth in Savings Act) Regulation B (Equal Credit Opportunity Act), Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd Frank Act), Elder Abuse Laws, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act.
REQUIRED DUTIES
1. Supervises credit officers and credit analysts and other support staff in the underwriting of SBA or commercial loans.
2. Reviews and recommends appropriate loan structures based on credit and borrower information to determine loan eligibility.
3. Conducts site visits, meetings, and interviews with borrowers.
4. Conducts financial and repayment analysis with a focus on cash flow, liquidity, leverage, debt service coverage including global DSC analysis to assess and identify a borrower's repayment ability.
5. Makes recommendations for approval or non-approval.
6. Attends, prepares and presents new and additional credit proposals in loan committee meetings.
7. Performs thorough analysis of combined DSCR for underwriting of guarantors.
- 8. Reviews all third party reports, appraisal, environmental, title and property condition assessment and ensure adherence to the Bank's loan policies and procedures;
9. Reviews legal documents, appraisal, environmental, and other reports
10. Prepares credit approval memos in compliance with the Bank policy and procedures
11. Provides direct support to Manager to develop and analyze all relevant credit information in conjunction with account officers pertaining to more complex commercial and business loans.
12. Provides leadership, training and supervision to team members on Company's lending guidelines and regulations.
13. Processes, solves and answers complex customer transactions, problems or inquiries.
14. Review and correct credit memorandums prepared by team members,
16. Performs personnel actions including performance appraisals, disciplinary actions, and interviewing candidates for employment; supervises the daily activities of the team including, but not limited to, effective delegation of assignments, developing work schedules and providing necessary training.
18. Plays a positive role in the development and growth of assigned department staff through excellent communication skills, both verbal and written, along with strong delegation skills assuring a highly cross-trained staff.
19. Assumes responsibility for various job duties in the absence of staff members or in overload situations.
20. Follows policies and procedures; completes tasks correctly and on time; supports the Bank's goals and values.
21. Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
22. Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
23. Follows policies and procedures; completes tasks correctly and on time; supports the company's goals and values.
24. Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one's own actions and conduct.
25. Performs duties specific to the position and other functions as assigned.
MINIMUM REQUIREMENTS
These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and / or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.
Pay $105,000 - $170,000 per year. The salary reflects the full salary range for this position. Individual placement within the range is based on the candidate's current experience, education, skills, and abilities related to the position. Successful candidates typically begin up from the beginning to mid-point of the salary range. Successful candidates may be eligible for [bonus / stock / commissions / incentives] at the Company's sole discretion. We offer a comprehensive benefits package which includes paid sick and vacation leave; paid holidays; medical, dental, vision, life and disability insurance package for employees and dependents; various other voluntary benefit offerings, and optional retirement accounts.
We are an Equal Opportunity Employer. All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity, gender expression, genetic information, or military or Veteran status, or any other characteristic protected by law.
Salary : $105,000 - $170,000
