Jack Choi is currently EVP & Chief Credit Officer of Wilshire State Bank. In his position, he is managing the bank's entire loan portfolio of about $2 billion consisting of commercial real estate loans, corporate financing including asset based lending, residential mortgage, SBA guaranteed loans, and consumer loans. Main functions includes reviewing and making recommendations in the process of new loan production, managing credit portfolio risk including its reserve adequacy, training and developing lending staffs, and engaging in the bank-wide strategic decisions and enterprise level risk management. Previously, Mr. Choi founded and was President and CEO at Commonwealth Business Bank. He was leading marketing activities; overseeing risk management in the areas of credit, interest rate, market, operation, compliance, and reputation; managing organization and human resource; working with the board as a director; and formulating and updating the strategic plan. Prior to that, Mr. Choi was Senior Vice President and Chief Credit Officer, Hanmi Bank, ran an overseas printing company, and worked at various financial institutions here in the USA and Korea. Mr. Choi received a BA degree from the Seoul National University, an MBA from the Pepperdine University, and a Master in Banking from the Pacific Coast Banking School. Mr. Choi was columnist for Radio Korea, a local radio station, The Korea Times and The Korea Daily, two prominent newspaper companies in Los Angeles, and The Maeil Economy, an economic newspaper in Korea. Mr. Choi has made several lectures as a guest speaker at Cal State Los Angeles, Dongseo University, Inha University, and Korea Credit Bureau on the subject of Money and Banking. He also conducted many seminars on the subject ranging from economics to credit risk management. In 2009, he published a book on the financial crisis in Korean. The book was recognized as one of the books of the year in 2009 by the Ministry of Culture and Tourism of Korea. Mr. Choi is publishing his articles on his personal blog whose address is jackchoi.blogspot.com.
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