Shinhan Bank America constantly looks for talented people to start an exciting career in the financial industry. We value our employees as our utmost asset and strive to provide a friendly and professional work environment.
Job Posting: Loan Officer / Underwriter
Location: Los Angeles / Buena Park, CA
Job Type: Full-Time
Salary Range: $50,000 ~ $51,000
Department: LA/OC Loan Center
Job Summary
We are seeking a Loan Officer to join our LA/OC Loan Center. This role is responsible for analyzing financial statements, assessing creditworthiness, and making recommendations on lending decisions. The ideal candidate will have strong analytical skills, a deep understanding of financial markets, and the ability to work collaboratively across departments.
Key Responsibilities
• Evaluate credit applications, financial statements, and risk factors for individuals and businesses.
• Conduct financial and industry analysis to assess borrower creditworthiness.
• Prepare detailed credit reports and risk assessments for loan approvals.
• Monitor and manage loan portfolios to ensure compliance with internal and regulatory standards.
• Stay updated on industry trends and regulatory changes affecting credit risk.
Job Posting: SBA Loan Officer
Location: Manhattan, NY; Los Angeles, CA
Job Type: Full-Time
Salary Range: $50,000 ~ $51,000
Department: SBA Center
Job Summary
Responsible for underwriting new SBA guaranteed loan products with a primary focus on SBA 7 (a) loans, in accordance with the bank's loan policies and procedures, as well as adhering to SBA guidelines and sound lending practices.
Key Responsibilities
• Conduct credit analysis, prepare financial spreads, and assess applications for SBA eligibility determination
• Perform on-site visitation for new and existing borrowers
• Ensure the accuracy and timeline of the loan application register through regular updates
• Thoroughly prepare and review files to ensure compliance with policies, regulations, and documentation standards, including those related to equal credit, fair credit reporting, BSA, and other compliance requirements
• Track and assess past-due reports and payment performance for each borrower
• Provide support to lending staff for any lending-related matters including but not limited to underwriting, customer service, decision making, loan structuring, loan monitoring and so on.
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Qualifications
Minimum Requirements
• Open to entry-level or experienced candidates
• Bachelor’s degree
• Strong understanding of financial statements, credit modeling, and lending statements.
• Proficiency in Microsoft Excel and loan underwriting tools.
• Excellent verbal and written communication skills
Preferred Qualifications:
• Background in business, accounting, and/or finance
• Experience in commercial lending or corporate banking
• Knowledge of regulatory compliance in the financial industry
Work Environment & Physical Requirements
• This position operates in a professional office environment and requires the ability to work on a computer for extended periods.
• Occasional travel may be required for client meetings and training, depending on job functions/role.
Compensation & Benefits
• Competitive salary based on experience and qualifications.
• Health, Dental, Vision and Life Insurance
• 401(k) plan with bank match
• Paid time off and bank holidays.
• Professional development opportunities and tuition reimbursement
Equal Employment Opportunity (EEO) Statement
Shinhan Bank America is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.
Application Process
Please submit your resume and cover letter to:
Shinhan Bank America HR Team
Email: hr@shbamerica.com
EEOE / Member FDIC
