Position Summary: The Loan Origination Manager is responsible for overseeing the entire loan process, from initial application to closing, ensuring all activities comply with regulatory standards and company policies. This role requires a bilingual professional (Korean and English) to effectively communicate with our diverse clientele and manage the loan team efficiently.

Key Responsibilities:

1. Loan Application and Interview:

• Receive and review loan applications.
• Conduct interviews with customers to gather necessary information for loan processing.

2. Credit Memo Preparation:

• Prepare comprehensive credit memos for new loan applications, ensuring all financial and personal information is accurately documented.

3. Loan Closing Activities:

• Obtain and verify necessary documents from customers.
• Coordinate with the Legal Management Department (LMD) to verify legal documents.
• Arrange and manage the loan closing process, ensuring all steps are completed efficiently and accurately.

4. Collateral Management:

• Update property insurance information and ensure real estate tax payments are current.
• Manage all aspects of collateral to ensure compliance with lending policies.

5. Loan Administration:

• Update and maintain credit documents and collateral records.
• Conduct annual reviews as per the Lending Policy to ensure ongoing compliance and risk management.

6. Site Visitation:

• Perform site visits to assess and verify collateral conditions and borrower information.

7. Credit Memo for Renewals and Modifications:

• Prepare credit memos for loan renewals, extensions, refinances for maturing loans, and other loan modifications.

8. Follow-ups for Past Due and Problem Loans:

• Implement strategies to manage and follow up on past due loans and problem loans, working towards resolution and mitigation of risk.

9. Regulatory Compliance:

• Implement and oversee BSA/AML (Bank Secrecy Act/Anti-Money Laundering) compliance measures.
• Ensure the Customer Identification Program is executed correctly.
• Perform Know Your Customer (KYC) processes and OFAC (Office of Foreign Assets Control) reporting.

Qualifications:

• Bachelor’s degree in Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in loan management or a similar role.
• Fluency in Korean and English is required.
• Strong understanding of lending regulations and compliance.
• Excellent communication and interpersonal skills.
• Proven ability to lead and manage a team effectively.
• Detail-oriented with strong organizational and analytical skills.

About Our Company: We are committed to providing exceptional financial services to our clients, with a focus on integrity, customer service, and innovation. Join our team and contribute to our mission of helping clients achieve their financial goals through responsible lending practices.

Application Process: Interested candidates should submit their resume and cover letter detailing their relevant experience and language proficiency. We look forward to welcoming a dedicated professional to our team.