VP, Loan Portfolio Manager

People Drive Our Success

Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities.

Apply today!

General Summary

Portfolio Manager ("PM") is responsible for maintaining and monitoring the existing commercial loan portfolio and working closely with the SRM who owns the relationship of these accounts. PM is expected to maintain close contact with these clients and leverage the relationship to identify and bring in additional new business opportunities, both in loans and the Bank's other products and services. PM is expected to provide "best-in-class" service to these loan clients while following established Bank policies and procedures.

Essential Functions

• PM is to work closely with SRM(s) and Team Managers on the assigned loan portfolio by monitoring and managing the credit quality of such portfolio.
• Review to ensure each credit is properly risk rated based on the Bank's risk rating system.
• Maintain and grow existing client relationships, cross-sell Bank's other products and services.
• Specifically accountable for credit underwriting and origination of new credits from the existing client base, portfolio monitoring, renewals, amendments and annual reviews.
• Work with designated underwriter, loan assistants and other loan support staff to prepare the Credit Commitment Report ("CCR")
• Reviews client's accounts and portfolios in order to identify, evaluate and determine the appropriate course of action on potential credit quality issues in order to maximize credit quality and minimize risk and potential loss to the Bank.
• Ensure compliance with Bank, regulatory and credit requirements with emphasis on best-in-class customer service while adhering to required timeframes from the client.

Qualifications

Experience :

Other Details

$90K - $110K / year

Pay determined based on job-related knowledge, skills, experience and location.

This position may be eligible for a discretionary bonus.

Benefits

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages and 401(k).

Privacy

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 Privacy Policy.

Equal Opportunity Employer

Cathay Bank is an Equal Opportunity and affirmative action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.

Poster

Poster- English, Poster- Spanish, Poster- Chinese Traditional, Poster- Chinese Simplified.

Contact

Cathay Bank endeavors to make www.CathayBank.com 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 Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com.

This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

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