Collateral Analyst
East West Bank
- Pay
- $24 to $32
- an hour
- Location
- New York, NY
- Job type
- Full time
- Posted
- Nov 7
- 1 day ago
Career path
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About the company
East West Bank
Banking · 1,001 to 5,000 employees
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.
What you'll do
- Update, track and follow up with customers on financial and collateral reports
- Investigate reporting exceptions and aged or outstanding issues
- Update monthly/quarterly trend cards from borrowing base reports
- Prepare and distribute interest/fee statements for monthly settlements
- Investigate interest/fees discrepancies with internal departments and customers
- Prepare reporting status for weekly meetings and update CASH-OnTrack
- Upload and manage files and data files in Sharefiles
- Back up coverage on daily advances for colleagues' holiday or sick leave
What you need
- Bachelor's degree preferably in finance and/or accounting, or combination of education with working knowledge of finance/accounting
- Minimum one year experience with Asset Based Lending Collateral Monitoring and/or prior commercial lending experience
- Each team member must have knowledge of BSA/AML/OFAC laws/regulations, understand how these obligations relate to his/her role, and comply with these laws and regulations
- Efficient in use of commercial loan systems (M & I) & (OnTrack)
- Understanding of regulatory compliance regarding commercial lending
- Education: a bachelor's degree
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