Commercial Lending Specialist

Bank of Hope is seeking a highly skilled Loan Officer III to join our team. As a Loan Officer III, you will be responsible for analyzing financial data, evaluating creditworthiness, and making informed lending decisions.

• Financial Analysis: Conduct thorough financial analysis of loan applicants, including evaluation of cash flow, liquidity, profitability, and leverage.
• Credit Evaluation: Assess creditworthiness of loan applicants, considering factors such as credit history, collateral, and other relevant credit information.
• Loan Presentations: Prepare comprehensive loan presentations, highlighting the strengths and weaknesses of loan applicants and their creditworthiness.
• Decision Making: Make informed lending decisions, taking into account banking regulations, Bank policies, and procedures.
• Collateral Management: Gather and perfect security interests in collateral, as applicable.
• Problem Loan Detection: Identify early warning signs of problem loans and notify supervisors, Chief Credit Administrator, Loan Review, or Loan Servicing.
• Loan Monitoring: Monitor loan covenants and conditions, reporting any violations to managers.
• Loan Closing and Funding: Assist in loan closing and funding, obtaining signatures on loan documents according to Bank procedures.
• Collateral Valuation: Analyze collateral values and insurance coverage.
• Customer Relationship Management: Meet customers regularly, seeking opportunities to grow relationships.
• Regulatory Compliance: Comply with regulatory requirements, including but not limited to: Reg B, HMDA, Bank Secrecy Act, OFAC, and USA Patriot Act, CRA, Privacy, and Security.

• Commercial Lending Experience: 5+ years of commercial lending experience.
• Communication Skills: Excellent written and oral communication skills, with the ability to communicate effectively and project a professional image.
• Problem-Solving Skills: Ability to respond effectively to customer complaints or other sensitive inquiries.
• Analytical Skills: Excellent analytical skills, including the ability to define problems, collect data, establish facts, and draw conclusions.
• Technical Skills: Ability to interpret technical instructions and deal with abstract and concrete variables.
• Time Management: Effectively manage multiple deadlines and projects.
• Regulatory Knowledge: Knowledge of bank regulations affecting customer accounts and lending operations.

Salary Range: $85,000.00 annually - $100,000.00 annually + bonus + benefits

Bank of Hope is an equal employment opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, sexual orientation, genetic information, national or ethnic origin, disability, marital status, veteran status or any other basis protected by federal, state, or local law.