About CBB
Since its founding in Los Angeles in 2005, Commonwealth Business Bank, better known as CBB, has grown and flourished in its mission to build long-term financial relationships, one customer at a time. As a community bank offering a wide range of deposit and lending products and services to mid-sized businesses in the multi-ethnic communities of Southern California, New Jersey, Hawaii, Texas, Washington, Georgia. CBB prides itself on providing unparalleled value to our customers, shareholders, community, and employees.
Website: www.cbb-bank.com
1. Compliance Officer (Los Angeles, On-Site Position)
MAIN JOB DESCRIPTION
• Work with the Bank’s Compliance Manager to support the activities of the bank’s compliance program.
• Maintain a professional level of industry and compliance proficiency by attending banking industry and compliance seminars and subscribing to applicable periodicals.
• Maintain a working knowledge of banking laws and regulations.
• Is kept fully apprised of management’s compliance objectives for the bank.
• Establish and maintain good working relationships with other employees, management, external auditors, and examiners.
• Serve as a central resource for bank staff to help regarding compliance issues.
• Participate in compliance meeting with Compliance Committee Team members.
• Work with Bank’s Compliance Manager to schedule, assign, and conduct compliance training to ensure the bank’s board of directors, bank officers and staff are provided with sufficient education to ensure compliance.
QUALIFICATIONS
• Maintain high standards of confidentiality and security
• Must possess good computer, written and oral communication skills
EDUCATION / EXPERIENCE
• Bachelor’s degree preferred.
• Minimum of 3 years’ experience in a financial institution with Compliance and/or audit experience.
• Bilingual in Korean and English is preferred.
• The base salary range for this full-time position is $65,000 – $80,000
• Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.
2. Marketing Officer (Los Angeles, On-Site Position)
MAIN JOB DESCRIPTION
• Support in developing, planning, and implementing advertising strategy and campaigns to enhance Bank’s image
• Production quality control (flyers, promotional items, posters, and general marketing collateral)
• Generate marketing/custom reports and lists as needed by business units
• Coordinate with Ad/PR/Social Media agencies to enhance the production and execution process
• Design and implement direct email marketing campaigns
• Assist in developing digital media strategies and execution items
• Marketing Compliance review/approval process and documentation
• Manage creative agency relationships, including deadlines and campaign scope parameters.
• Event marketing coordination, execution, and oversight to maximize exposure for CBB
• Website content tracking and updates
QUALIFICATIONS
• Efficient with digital tools, including Google Analytics, Google Tag Manager and Google AdWords
• Website content management using CMS tool
• Strong vendor management and negotiating skills
• Strong knowledge and user experience in various social media platforms
• Experience with marketing automation tools such as Salesforce or HubSpot preferred
• Excellent verbal and written skills
• Bilingual in English and Korean preferred
• Highly proficient with MS Office Suite (Outlook, Word, Excel, PowerPoint)
• Proficient with Adobe Creative Suite
EDUCATION / EXPERIENCE
• Bachelor’s degree in marketing is preferred.
• Minimum of 3 years’ experience in a marketing experience.
• Bilingual in Korean and English is preferred.
• The base salary range for this full-time position is $65,000 – $80,000
• Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.
3. Corporate Operations Officer (Los Angeles, On-Site Position)
MAIN JOB DESCRIPTION
• Oversees Banking administration, including procurement, facilities management and maintenance, and scheduling.
• Coordinate with internal departments to streamline administrative processes
• Support senior management with reports, presentations, and correspondence
• Provide administrative analysis and support to the Chief Operating Officer.
• Handle employee communications and internal corporate announcements.
• Maintain current vendor relationships.
• Assist in budgeting and expense management for administrative activities.
• Negotiate vendor pricing/terms/promotions-programs.
• Communicate and coordinate with internal staff.
• Other duties as assigned.
• Comply fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti Money Laundering, Code of Conduct, and etc.). Must complete all required training
QUALIFICATIONS
• Requires overall qualifications to successfully handle the duties described above
EDUCATION / EXPERIENCE
• Bachelor’s degree preferred
• Ability to prioritize and manage projects with minimal supervision
• Ability to deal effectively with all vendors and staff
• Excellent written, verbal and organizational skills and meticulous attention to detail
• The base salary range for this full-time position is $70,000 – $85,000
• Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.
4. BSA Analyst I (Data) / HQ Los Angeles
MAIN JOB DESCRIPTION
Conduct daily validation of AML system transactional data ensuring accuracy and completeness.
Assist the KYC team with documentation review for new customer accounts, evaluating high risk accounts for any trends, spending patterns, and completing a written analysis of the overall relationship.
Analyze transactional patterns to determine if they are suspicious in nature and take appropriate action and maintain proper documentation.
QUALIFICATIONS
• Ability to work well in a team environment.
• Knowledge of BAM/BAM+ and FIS IBS applications are a plus.
EDUCATION / EXPERIENCE
• Proficiency in basic computer skills
• The base hourly range for this full-time position is $22.00-27.00 per hour.
5. BSA Analyst I (TM/SAR) / HQ Los Angeles
MAIN JOB DESCRIPTION
Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within the regulatory requirements.
Analyze transactions to determine if they are suspicious in nature and escalate for potential SAR filing and maintain proper documentation.
Assist the TM/SAR Team Lead and senior analysts on various tasks, as delegated.
Communicate with branch operations to obtain additional account information or documentation.
QUALIFICATIONS
• Ability to work well in a team environment.
• Knowledge of BAM/BAM+ and FIS IBS applications are a plus.
EDUCATION / EXPERIENCE
• Minimum of 3 years of BSA/AML compliance experience is highly preferred.
• Proficiency in basic computer skills
• The base hourly range for this full-time position is $22.00-27.00 per hour.
6. BSA Analyst II (KYC) / HQ Los Angeles
MAIN JOB DESCRIPTION
Review Customer Due Diligence documentation for accuracy and consistency
Performing enhanced due diligence reviews of all assigned high-risk customers in accordance with the Bank’s policy and procedures.
Identify additional risk factors for new accounts
Retrieve information from various sources (internal and external) to assist with investigations.
QUALIFICATIONS
• Ability to work well in a team environment.
• Knowledge of BAM/BAM+ and FIS IBS applications are a plus.
EDUCATION / EXPERIENCE
• Minimum of 3 years of BSA/AML compliance experience is highly preferred.
• Proficiency in basic computer skills
• The base hourly range for this full-time position is $58,000.00 – 70,000.00 per year.
7. BSA Analyst II (TM/SAR) / HQ Los Angeles
MAIN JOB DESCRIPTION
Conduct comprehensive investigations and analyses on customer transactional data to detect red flags relating to money laundering, tax evasion, fraud, terrorist financing and additional financial crimes to prevent and mitigate risks posed to the financial institution.
Workflow consists of end-to-end investigation from alert review to case to SAR or No SAR decision.
Perform investigation in response to internal transaction referrals related to unusual activities and interact with bank personnel as needed on related issues.
QUALIFICATIONS
• Minimum of 3-year experience in BSA compliance or closely related functions.
• Maintain high standards of confidentiality and security.
EDUCATION / EXPERIENCE
• Bachelor’s Degree in related fields of business or financing or equivalent experience is preferred.
• CAMS or CFE certifications preferred but not required.
• The base hourly range for this full-time position is $58,000.00 – 70,000.00 per year.
8. VP & KYC Team Lead
MAIN JOB DESCRIPTION
Managing a team of KYC/EDD analysts and oversee their work.
Ensure that the team operates efficiently, adheres to procedures, policies and the group’s best practices.
Schedule, allocate, and review work of team members for accuracy and completeness
Supporting the KYC/EDD Analysts to identify data and document gaps and coach them on researching accordingly.
Supporting the KYC/EDD Analysts to validate the clients’ KYC risk profile and raising any points of concern, such as negative news.
QUALIFICATIONS
• Minimum of 6 years’ experience in BSA compliance or closely related functions
• Strong KYC experience and a can-do attitude
• Bachelor’s Degree in related fields of business or financing or equivalent experience is preferred
• Must possess good computer, written and oral communication skills.
EDUCATION / EXPERIENCE
• The base hourly range for this full-time position is $90,000.00 – 110,000.00 per year.
9. Special Asset Department Manager (Los Angeles, On-Site Position)
MAIN JOB DESCRIPTION
• Lead the Special Assets team in managing criticized and classified loans.
• Develop and execute strategies for loan workouts, restructures, and recoveries.
• Collaborate with legal counsel, credit officers, and external consultants on foreclosure, litigation, and asset disposition.
• Maintain detailed documentation and reporting for internal and regulatory purposes.
• Conduct regular portfolio reviews and risk assessments.
• Serve as a liaison with borrowers to negotiate repayment plans or settlements.
• Ensure compliance with banking regulations and internal credit policies.
QUALIFICATIONS
• Strong knowledge of loan documentation, bankruptcy, and foreclosure processes.
• Excellent negotiation, analytical, and leadership skills.
• Familiarity with community banking values and customer relationship management.
SBA-Related Qualifications
• Experience with SBA loan programs and regulations.
• Proven track record in managing distressed SBA loans and asset recovery.
• Strong understanding of SBA loan documentation and compliance requirements.
• Ability to negotiate and restructure SBA loans effectively.
• Excellent analytical and problem-solving skills related to SBA loan management.
EDUCATION / EXPERIENCE
• Bachelor’s degree in Finance, Accounting, or related field.
• 10+ years of experience in commercial lending, credit risk, or special assets.
• Bilingual in Korean and English is required.
• The base salary range for this full-time position is $150,000.00 – $170,000.00 per year.
• Salary ranges are determined based on qualifications, level, and location. Exact compensation may vary based on your skills and experience.
10. Universal Banker I. (Teller) (Irvine, OC Area, Onsite - Position)
MAIN JOB DESCRIPTION
• Handle all teller functionalities
• Open new account and cross sell bank products and services
• Handles customer’s call and inquiries
• Accepts new stop payment orders and handle return mails
• Balances all data processing entities for submission to Operation Administration
• Compliant with bank regulations
QUALIFICATIONS
• Requires overall qualifications to successfully handle the duties described above
EDUCATION / EXPERIENCE
• Bilingual – English / Korean preferred
• Proficiency in basic computer skills
• The base hourly range for this full-time position is $18.00-20.00 per hour.
HOW TO APPLY:
To apply, please use the link to our career site: Career Center | Recruitment
BENEFITS PACKAGE
We offer competitive compensation and an excellent benefits package.
• Medical Insurance
• Dental Insurance
• Vision Insurance
• 401(k) Retirement Savings Plan
Background Check:
Chosen candidates will have to pass a credit check and background investigation.
Equal Employment Opportunity Employer:
We are an Equal Opportunity Employer and do not discriminate against applicants or employees based on race, color, religion, creed, sex, sexual orientation, gender identity, gender expression, marital status, age, national origin or ancestry, physical or mental disability, medical condition, genetic information, veteran status, or any other characteristic protected under federal, state, or local law. We comply with all applicable state and local laws governing nondiscrimination in employment, including the California Fair Employment and Housing Act.
