Collateral Appraiser jobs in Brooklyn, NY

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 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 an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

Responsibilities

• Review and validate calculations in the Borrowing base for Structure Finance Clients
• Evaluate eligibility criteria’s and concentration limits based on loan servicing agreements
• Manage portfolio of clients for advances and paydowns activities
• Prepare and settle Monthly Distributions for interest, fees and third parties in accordance with Servicing reports
• Perform review of custodian certifications confirming receivables pledged match with borrowing base report
• Process Client account transfers as defined by Deposit Account Control Agreements
• Manage and dispatch of notices for Syndicated lenders where EWB is lead agent
• Monitor timely receipt of Financial statements and report deliverables
• Perform Financial Spreads as needed
• Process external Audit Confirmations
• Update and prepare presentation deck for Quarterly Portfolio Meetings
• Investigate customer collection and lockbox inquiries
• Assist in training new team members & provide back up coverage as needed
• Perform Ad-hoc Projects and research as needed

Qualifications

• 3 – 5 years of Collateral Analysis experience with preference in Structured Finance Industry or Asset back Lending (Commercial Lending)
• Bachelor’s degree in economics, finance, accounting, or equivalent work experience
• Strong Excel and MS Office suite skills mandatory (Aptitude Assessment required)
• Excellent verbal and written skills
• Must be able to work independently and within a team environment.
• Must be detailed oriented, quick study and proactive.

Compensation