Kihoon Kim
Edgewater,NJ
Summary
Highly skilled Loan Underwriter with 11 years of experience in analyzing loan applications and developing risk mitigation strategies. Proven track record in achieving high approval rates and maintaining low delinquency rates, while streamlining loan processing activities and improving accuracy and efficiency of junior underwriters. Committed to compliance with federal, state, and local regulations, and dedicated to collaborating with loan officers and stakeholders to identify areas of risk and implement effective solutions.
Overview
12
12
years of professional experience
Work History
Loan Underwriter
Sunnyside Federal Savings and Loan Association
09.2023 - Current
- Advanced proficiency in credit decision-making, utilizing a combination of quantitative analysis and qualitative judgment to assess the creditworthiness of applicants and determine appropriate loan terms
- Expertise in risk analysis, employing a systematic approach to evaluate various factors such as financial stability, industry trends, collateral value, and market conditions to identify potential risks and formulate risk mitigation strategies
- Strong analytical skills, with the ability to interpret complex financial data, assess key risk indicators, and derive actionable insights to support informed lending decisions
- Thorough understanding of credit policies, procedures, and underwriting guidelines, ensuring compliance with internal standards as well as regulatory requirements
Loan Underwriter
Woori America Bank
Fort Lee, NJ
08.2022 - 09.2023
- Skillfully collaborated with relationship managers to underwrite credit memorandums for a diverse clientele, leveraging strong analytical capabilities and industry expertise to assess creditworthiness and mitigate risk effectively
- Proactively initiated relationships with large corporations, facilitating syndicated loans through strategic communication with other commercial banks, demonstrating initiative and networking prowess in expanding the institution's lending portfolio
- Ensured strict compliance with regulatory requirements, encompassing the Bank Secrecy Act, Anti-Money Laundering regulations, OFAC guidelines, the USA Patriot Act, the Privacy Act, and the Community Reinvestment Act, upholding the institution's integrity and legal obligations.
Loan Underwriter
NEWBANK
New York, NY
06.2018 - 11.2021
- Proficiently originated, reviewed, processed, closed, and administered customer loan proposals, demonstrating end-to-end proficiency in the lending process and ensuring seamless execution of transactions
- Specialized in Small Business Administration (SBA) loan underwriting, facilitating funding for various business purposes including startups, property purchases, and other entrepreneurial ventures, showcasing expertise in niche lending areas and a commitment to supporting small businesses
SBA Loan Underwriter
1st CONSTITUTION BANK
Fort Lee, NJ
11.2015 - 06.2018
- Played a pivotal role in evaluating and authorizing approval of small business loans, exercising sound judgment and analytical prowess to assess the financial status of loan applicants, and maintaining accurate account records and files to ensure compliance and efficiency
- Collaborated closely with loan applicants, effectively coordinating to identify their specific needs and collecting necessary information for loan applications, ensuring a streamlined and customer-centric process
- Provided valuable support to senior-level credit officers by assisting with complex loan applications, applying in-depth problem-solving skills and lending expertise to facilitate timely and informed lending decisions, contributing to the overall success of the lending department.
Assistant Credit Analyst / Loan Underwriter
WOORI AMERICA BANK
New York, NY
09.2012 - 11.2015
- Proactively communicated with customers, demonstrating strong interpersonal skills and attention to detail to obtain necessary information and verify application details, ensuring accuracy and completeness in the credit evaluation process
- Meticulously collected and organized information, entering details into computer databases with precision and efficiency, while also preparing documents, reports, and presentations for executives and board members, showcasing strong organizational and communication skills in supporting decision-making processes.
Education
Bachelor of Arts in Economics - Economics
Rutgers University
Skills
- Loan underwriting and approval
- Credit analysis and evaluation
- Financial statement analysis
- Regulatory compliance
- Negotiation and communication
- Portfolio management and monitoring
- Industry knowledge and trend analysis
- Time management and organization
- Income verification
- Cash Flow analysis
Languages
English
Full Professional
Korean
Native/ Bilingual
Japanese
Full Professional
Timeline
Loan Underwriter
Sunnyside Federal Savings and Loan Association
09.2023 - Current
Loan Underwriter
Woori America Bank
08.2022 - 09.2023
Loan Underwriter
NEWBANK
06.2018 - 11.2021
SBA Loan Underwriter
1st CONSTITUTION BANK
11.2015 - 06.2018
Assistant Credit Analyst / Loan Underwriter
WOORI AMERICA BANK
09.2012 - 11.2015
Bachelor of Arts in Economics - Economics
Rutgers University
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