Commercial Loan Specialist - New York, United States - Social Capital Resources

Description

Top-Tier Commercial Bank in Midtown, Manhattan is seeking multiple Commercial Loan Operations candidates for permanent positions

Responsibilities:

• Collect and maintain information for credit analysis and evaluation of credit facility applications
• Arrange and negotiate credit facilities for clients to meet their financing needs
• Answer and handle customers enquiries on credit facilities and procedures
• Maintain and monitor utilization of credit facilities
• Conduct calls and site visits to gain a better understanding of the client and progress of construction projects
• Monitor delinquent or problem loan and credit facilities
• Interact with internal departments, e.g. Credit Administration, Deposit, and Compliance, to provide efficient customer service and to facilitate loan closings
• Review loan accounts regularly to ensure stable financial performance and repayment capabilities. Details are listed below:
• conduct collateral analysis
• review appraisal report
• research market conditions
• conduct financial analysis on borrowers financial capability to repay the loan: balance sheet/income statement/cash flow statement
• evaluate the equity and liquidity positions of guarantors of every loan account
• analyze the leverage position and cash flow projection of large borrowing customer groups
• review credit history of applicants

Qualifications:

• Must be fluent in Mandarin or Cantonese
• Bachelors Degree
• Prior experience working with commercial or construction loans
• Excellent working knowledge of underwriting and credit risk administration for owner occupied and investment commercial real estate, commercial and industrial and construction loans.