Cathay Bank - Headquarters
General Summary
Portfolio Manager (PM) is responsible for maintaining and monitoring existing commercial loan portfolio and working closely with the Senior Relationship Manager (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
Work closely with SRMs and Team Managers on the assigned loan portfolio by monitoring and managing the credit quality of the 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).
Review client accounts and portfolios to identify, evaluate and determine appropriate actions on potential credit quality issues to maximize 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
Education: College graduate with major in related fields.
Experience:
7‑10 years of loan account relationship management experience, credit underwriting experience or a combination of both. Thorough knowledge of lending regulations and credit/underwriting practices.
Strong loan portfolio management experience.
Strong loan negotiation (rates, terms, collateral requirements) experience.
Previous underwriting experience in commercial lending.
Extensive knowledge of Bank's credit policy, risk management, underwriting requirements and loan servicing.
Strong knowledge and understanding of commercial and specialty group banking products and services and ability to cross‑sell.
Skills/Ability: PC proficient. Excellent verbal and written communication skills. Bilingual (English/Mandarin or Cantonese) a plus but not required. Ability to work independently, restructure loans and/or lines of credit. Organized, detail oriented, multi‑tasking, fast‑paced, high production environment. Excellent time management and deadline focus. Decision‑making accountability. Effective communication with all levels of Bank personnel.
Other Details $130K - $170K / 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 including medical, dental, vision, life and long‑term disability insurance, flexible spending accounts (FSAs), health savings account (HSA) with company contributions, voluntary coverages and 401(k). It is our goal to provide employees with a comprehensive benefits package to fit their needs.
Privacy and Equal Opportunity 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.
Cathay Bank is an Equal Opportunity and affirmative action employer. We welcome applications from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex, pregnancy, childbirth, breastfeeding, reproductive health decision‑, sexual orientation, gender identity and expression, genetic information, disability or medical condition, military status, veteran status, or any other status protected by applicable law.
Know Your Rights Know Your Rights: Workplace Discrimination is Illegal – Poster – English, Spanish, Chinese Traditional, Chinese Simplified.
Contact for Accommodation Requests Only This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
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Essential Functions
Work closely with SRMs and Team Managers on the assigned loan portfolio by monitoring and managing the credit quality of the 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).
Review client accounts and portfolios to identify, evaluate and determine appropriate actions on potential credit quality issues to maximize 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
Education: College graduate with major in related fields.
Experience:
7‑10 years of loan account relationship management experience, credit underwriting experience or a combination of both. Thorough knowledge of lending regulations and credit/underwriting practices.
Strong loan portfolio management experience.
Strong loan negotiation (rates, terms, collateral requirements) experience.
Previous underwriting experience in commercial lending.
Extensive knowledge of Bank's credit policy, risk management, underwriting requirements and loan servicing.
Strong knowledge and understanding of commercial and specialty group banking products and services and ability to cross‑sell.
Skills/Ability: PC proficient. Excellent verbal and written communication skills. Bilingual (English/Mandarin or Cantonese) a plus but not required. Ability to work independently, restructure loans and/or lines of credit. Organized, detail oriented, multi‑tasking, fast‑paced, high production environment. Excellent time management and deadline focus. Decision‑making accountability. Effective communication with all levels of Bank personnel.
Other Details $130K - $170K / 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 including medical, dental, vision, life and long‑term disability insurance, flexible spending accounts (FSAs), health savings account (HSA) with company contributions, voluntary coverages and 401(k). It is our goal to provide employees with a comprehensive benefits package to fit their needs.
Privacy and Equal Opportunity 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.
Cathay Bank is an Equal Opportunity and affirmative action employer. We welcome applications from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex, pregnancy, childbirth, breastfeeding, reproductive health decision‑, sexual orientation, gender identity and expression, genetic information, disability or medical condition, military status, veteran status, or any other status protected by applicable law.
Know Your Rights Know Your Rights: Workplace Discrimination is Illegal – Poster – English, Spanish, Chinese Traditional, Chinese Simplified.
Contact for Accommodation Requests Only This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
#J-18808-Ljbffr