Cathay Bank
Posted 2 days ago
At Cathay Bank, we believe people are our most valuable asset and we foster a caring culture that supports your aspirations and success. 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.
Job 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. The PM is expected to maintain close contact with these clients, leverage the relationship to identify and bring in additional new business opportunities, both in loans and the Bank’s other products and services, while following established policy and procedure.
Essential Functions
Work closely with SRM(s) and team managers on the assigned loan portfolio by monitoring and managing the credit quality of such portfolio.
Review and 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.
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).
Review client accounts and portfolios to identify, evaluate and determine the appropriate course of action on potential credit quality issues to maximize credit quality and minimize risk and potential loss.
Ensure compliance with the Bank, regulatory and credit requirements with emphasis on best‑in‑class customer service and adherence to required timeframes.
Qualifications
Education:
U.S. college graduate with a major in a related field (strongly preferred).
Experience:
5–7 years of loan account relationship management experience, credit underwriting experience or a combination of both.
Strong loan portfolio management and negotiation experience.
Previous underwriting experience in commercial lending.
Knowledge of the Bank’s credit policy, risk management, underwriting requirements and loan servicing.
Understanding of commercial and specialty group banking products and ability to cross‑sell.
Skills/Abilities:
PC proficient; excellent verbal and written communication; organized, detail oriented and able to multi‑task; ability to work independently and in a fast‑paced, high‑production team environment; strong time‑management skills.
Compensation and Benefits Annual base salary: $90,000 – $110,000 (depends on experience and location).
This position may be eligible for discretionary bonus. Cathay Bank offers its full‑time employees a competitive benefits package including medical, dental, vision, life, long‑term disability, HSA, FSAs, 401(k) and more.
Equal Opportunity and Accessibility Cathay Bank is an Equal Opportunity and affirmative action employer. We welcome applications from all qualified candidates, regardless of race, color, ethnicity, national origin, religion, gender, sexual orientation, disability, veteran status or any other status protected by law. For information on how we handle personal information, see our Privacy Policy.
At Cathay Bank, accessibility matters. If you need accommodations during the application process, please contact the Employee Relations team using the contact information provided in the official listing.
#J-18808-Ljbffr
At Cathay Bank, we believe people are our most valuable asset and we foster a caring culture that supports your aspirations and success. 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.
Job 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. The PM is expected to maintain close contact with these clients, leverage the relationship to identify and bring in additional new business opportunities, both in loans and the Bank’s other products and services, while following established policy and procedure.
Essential Functions
Work closely with SRM(s) and team managers on the assigned loan portfolio by monitoring and managing the credit quality of such portfolio.
Review and 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.
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).
Review client accounts and portfolios to identify, evaluate and determine the appropriate course of action on potential credit quality issues to maximize credit quality and minimize risk and potential loss.
Ensure compliance with the Bank, regulatory and credit requirements with emphasis on best‑in‑class customer service and adherence to required timeframes.
Qualifications
Education:
U.S. college graduate with a major in a related field (strongly preferred).
Experience:
5–7 years of loan account relationship management experience, credit underwriting experience or a combination of both.
Strong loan portfolio management and negotiation experience.
Previous underwriting experience in commercial lending.
Knowledge of the Bank’s credit policy, risk management, underwriting requirements and loan servicing.
Understanding of commercial and specialty group banking products and ability to cross‑sell.
Skills/Abilities:
PC proficient; excellent verbal and written communication; organized, detail oriented and able to multi‑task; ability to work independently and in a fast‑paced, high‑production team environment; strong time‑management skills.
Compensation and Benefits Annual base salary: $90,000 – $110,000 (depends on experience and location).
This position may be eligible for discretionary bonus. Cathay Bank offers its full‑time employees a competitive benefits package including medical, dental, vision, life, long‑term disability, HSA, FSAs, 401(k) and more.
Equal Opportunity and Accessibility Cathay Bank is an Equal Opportunity and affirmative action employer. We welcome applications from all qualified candidates, regardless of race, color, ethnicity, national origin, religion, gender, sexual orientation, disability, veteran status or any other status protected by law. For information on how we handle personal information, see our Privacy Policy.
At Cathay Bank, accessibility matters. If you need accommodations during the application process, please contact the Employee Relations team using the contact information provided in the official listing.
#J-18808-Ljbffr