SVP, Commercial Lending Manager – Multifamily - Military veterans preferred

2021-05-03
Bank of Hope
Other

/yr

  full-time   part-time   employee   contract


Los Angeles
California
90021
United States

Position InformationJob Title: Commercial Lending Manager – Multifamily DivisionFLSA Status: ExemptReport to: Western Regional PresidentFull/Part Time Status: Full-TimeWork Location: NationwideTravel Requirement: 10-40%Education Minimum Education Level: Bachelor’s DegreeMinimum Years of Experience: 10+ years of banking experience, preferably in lendingCombination of Experience and Education can meet the job requirements: Yes  Language RequirementEnglish: Written: Advanced   Verbal: FluentKorean: Written: N/A  Verbal: N/A  Computer/Systems Knowledge RequirementsMicrosoft Outlook: BasicMicrosoft Word: BasicMicrosoft Excel: BasicMicrosoft PowerPoint: Basic  Essential Duties and ResponsibilitiesBuild a team/unit of RMs/BDOs and PMs (as necessary) across the Multifamily markets.Oversee the preparation of the department/group budget and monitor performance against the budget.Develop new business from prospects and seek opportunities to grow relationship with customers within the Multifamily industry. Acts as lead negotiator with clients/prospects.Responsible for developing and managing a portfolio of primarily Multifamily relationships. Responsible for managing the underwriting and portfolio management activities.Oversee/direct the sales and marketing efforts for Multifamily team and the credit analysis, industry trends and credit memorandums in conjunction with the PM. Present recommendations to credit administration and management as appropriate.Manage and create a supportive/empowered environment in which BDO/RM’s can thrive, surpass goals and reach their potential (collaboratively with credit).Designs, plans, implements, and orchestrates development-focused activities consistent with the Western Region’s fiscal and strategic goals. Innovatively plans and collaboratively executes critical marketing initiatives and communications strategies to support the Bank’s brand.Pre-screen all customers by interviewing, reviewing credit history, compiling initial cash flows, and applicable eligibility prior to any loan commitment.Additional responsibilities may include portfolio analysis, managing applicable sales and acquisitions, developing and maintaining relationships with other lenders, financial institutions within the industry                             Responsible for staying current on industry practices, business trends and regulatory requirements for all applicable areas including but not limited to Multifamily financingAnalyze and report on current market trends and technical information as necessary to senior managementResponsible for attending applicable seminars, training and conferences related to Multifamily industry and any other applicable specialty lending products Provide support and input on department related policies, procedures and operational workflows Participate in other projects within the Region as assigned and provide support for audit and regulatory examsMaintain knowledge of banking-related federal, state, and local laws and statues and regulations; develop and implement processes and documentation to minimize legal exposure in business banking.Responsible for overall success of Multifamily team.Other duties as assigned.  Job Qualifications/Requirements Required: 10+ years of related experience Required: Knowledge of Multifamily industry and other related industry practices Preferred: Bachelor’s degreeRequired: Prior Banking experience   Physical DemandsLifting/CarryingUnder 10 lbs: Occasional (1% - 33% of the time)11–20 lbs: Occasional (1% - 33% of the time)Pushing/PullingUnder 10 lbs: Occasional (1% - 33% of the time)11–20 lbs: Occasional (1% - 33% of the time)Twisting/TurningReach over shoulder: Rarely (Less than 1 hour per week)Reach over head: Rarely (Less than 1 hour per week)Reach outward: Rarely (Less than 1 hour per week)Climb: Rarely (Less than 1 hour per week)Crawl: Frequent (34% - 66% of the time)Kneel: Frequent (34% - 66% of the time)Squat: Frequent (34% - 66% of the time)Sit: Constant (over 66% of the time)Walk-Normal Surfaces: Frequent (34% - 66% of the time)Walk-Uneven Surfaces: Rarely (Less than 1 hour per week)Walk-Slippery Surfaces: Rarely (Less than 1 hour per week)Stand: Frequent (34% - 66% of the time)Bend: Occasional (1% - 33% of the time)OtherKeyboard/Ten Key: Constant (over 66% of the time)Fingering (fine dexterity): Constant (over 66% of the time)Handling (grasping, holding): Frequent (34% - 66% of the time)Repetitive Motion – Hands: Occasional (1-33% of the time)Repetitive Motion – Feet: Occasional (1% - 33% of the time)