Credit Analyst Credit Analyst …

Cathay Bank
in El Monte, CA, United States
Permanent, Full time
Last application, 21 May 20
Cathay Bank
in El Monte, CA, United States
Permanent, Full time
Last application, 21 May 20
Credit Analyst
Menu Credit Analyst El Monte, CA, USA Req #784 Wednesday, April 15, 2020

About Cathay Bank

More than half a century ago, we opened our doors at Cathay Bank to serve the growing Chinese American community in Los Angeles. We helped our customers put down new roots with cars and homes, and we supported their businesses, which continue to sustain generations. We remain committed to enriching the journeys of our customers and the diverse communities we serve.
Over time, weve expanded along with our customers. Today, were a subsidiary of Cathay General Bancorp (NASDAQ: CATY), a publicly held bank holding company. We operate in nine states across the United States, including California, New York, Illinois, Washington, Texas, Maryland,Massachusetts, Nevada, and New Jersey, and we have outposts in Hong Kong, Beijing, Shanghai and Taipei. Forbes named us the #10 Best Bank in America in 2019. Along with our extensive experience and innovative thinking, we bring an open mind to every interaction and a willingness to work with customers and communities in ways that best suit their needs. Our lines of business include personal banking, home mortgages, business banking, corporate lending, cash management, SBA loan programs, community lending, international banking, foreign exchange, and wealth management.

Whats Next

Are you passionate about a potential career in the financial services industry? Cathay Bank is excited about whats to come for our company and customers. Our employees are the reason our customers can get where they want to go and aspire to whats next. If you bring your best self to work, see opportunities instead of obstacles, and always want to advance in your career, then Cathay Bank may be a great fit for you. Were excited to offer our employees opportunities to grow and develop in their

career journey. We also provide the resources, support and freedom so that employees can best deliver an extraordinary customer experience. Join Cathay Bankand be energized by whats possible for your career!


Perform the analysis of financial statements and tax returns through the use of CASH Insight for Account Officers to use in their recommendations for new and renewal extensions of credit. Calculate various financial ratios to assist in the ongoing monitoring of borrower compliance to financial covenants per loan agreements and the submission of financial documents.


The incumbent has no direct reports.


  1. Prepares financial spreads for the credit analysis and investigation of new and renewal commercial loan requests, and provides necessary financial documentation and facts for Underwriters to analyze, evaluate, in their determination of appropriate credit structure and terms for potential borrowers.
  2. Monitors for receipt and analyzes, and evaluates financial documents pertaining to the credit. This may include financial statements for borrowers, owners and/or guarantors, tax returns, financial spreads, collateral information, covenants, borrowing base, and credit reports to identify strengths and weaknesses related to borrowers financial condition.
  3. Provides analytical functions related to due diligence and financial statement analysis related to transactions, credit approval, and renewals. Prepares summary documenting factual analysis and supporting information for credit decision recommendations.
  4. Prepares qualitative analysis, financial spreads and projections for Account Officers.
  5. Identifies covenant violations and material changes in borrowers performance and escalates to Account Officer.
  • Education: College degree in Finance, Accounting, Business or related field preferred, or 2 years related experience in credit or financial analysis. Intermediate accounting is required or must be completed within 18 months of hire.

  • Experience: Minimum one year (prefers two) of working experience in analyzing financial statements, cash flow analysis, familiarity with various industries, collateral issues and values, loan structuring and analysis of guarantor personal financial statements and tax returns.

  • Skills/Ability: Good working knowledge of credit, accounting, credit policy and financial statement analysis. Good organizational and analytical skills. Good ability to analyze credits, and use of CASH Insight (financial spreading program). Good verbal and written communication skills to present clear and precise recommendations based upon analysis for action on loans and loan treatments. Ability to work successfully both independently and as a team player. Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook).

Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our .

Cathay Bank is an equal opportunity employer. It is the Banks policy to provide equal employment opportunities to all qualified applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Cathay Bank endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Lori Burquez, VP, Sr. Employee Relations Manager, at (626) 279-3666 or . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

Click here to view the EEO is the Law poster in English.

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Clic aquí para ver la EEO es la Ley póster en español.

Clic aquí para ver la EEO es la Ley suplemento en español.



  • El Monte, CA, USA
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