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Credit Associate, Officer
Union Bank
Irvine, CA, United States
Job Details - this job has expired, please see similar jobs below
Credit Associates perform work - primarily spreadsheeting - within this high volume work environment. The Credit Associate position is entry-level and aims to build basic credit experience through the performance of repetitive tasks for the above portfolios. Work performed by the Credit Associates is reviewed and used by Credit Executives, who may provide coaching, mentoring and constructive feedback about work quality.
Major Responsibilities:
Analytical and Loan Management support: 80%
• Spreadsheeting of prospect and borrower financials in Risk Analyst ("RA")and Excel
• Spreadsheeting of prospect and existing guarantor personal financial statements and tax returns in RA and Excel
• Spreadsheeting of projections in RA
• Monitor financial covenants and/or liquidity, for compliance with terms of credit agreements
• Monitor collateral eligibility for credits with borrowing base structures
• Prepare trend cards - Necessary follow-up and communication with CE's and RM's
Attend training classes and perform required certifications: 5%
Special projects and Peer training: 10%
• Provide support to various CCSG special projects as requested or necessary, including additional peer training responsibilities.
Projects for Credit Executives: 5%
• Partial / Full credit and financial analysis of borrowers, guarantors and vendor
• Preparation of Administrative Action reports and full CRS RACER packages
• Draft Problem Loan and Watchlist reports.
Primary Measurements:
• Accuracy
• Completion of tasks with turnaround targets / Service Level Agreements
• Efficient prioritizing of tasks and workload balancing to achieve high priorities
Qualifications
• Typically requires an associate degree and minimum of 5 years of technical experience.
• Interpersonal and analytical abilities; strong organization, time management
• Knowledge of MS Word, Excel and Internet proficiency.
The above statements are intended to describe the general nature and level of the work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.