Cathay Bank
About This Role
Portfolio Manager ("PM") is responsible for maintaining and monitoring the existing commercial loan portfolio and working closely with the Senior Relationship Manager (SRM) who owns the relationship of these accounts. The PM will maintain contact with clients to identify and bring in new business opportunities, both in loans and the Bank’s other products and services, while providing "best-in-class" service in accordance with Bank policies and procedures.
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 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’s accounts and portfolios 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 Education: College graduate with a major in related fields.
Experience:
7–10 years of loan account relationship management experience, credit underwriting experience, or a combination of both.
Strong loan portfolio management experience.
Strong loan negotiation experience (rates, terms, collateral requirements).
Previous underwriting experience in commercial lending.
Extensive knowledge of the Bank’s credit policy, risk management, underwriting requirements and loan servicing.
Knowledge of commercial and specialty group banking products and services with demonstrated ability to cross‑sell.
Skills and Abilities: PC proficient; excellent verbal and written communication skills; bilingual (English/Mandarin or Cantonese) a plus but not required; ability to work independently to restructure loans and/or lines of credit; organized, detail‑oriented and able to multi‑task; effective in a fast‑paced, high‑production team environment; excellent time‑management skills and accustomed to working with deadlines; ability to assume responsibility and accountability for decision‑making; ability to communicate effectively with all levels of Bank personnel.
Compensation $130,000–$170,000 per year. Pay is determined based on job‑related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus.
Benefits Full‑time employees receive a comprehensive benefits package, including medical, dental, vision, life, long‑term disability insurance, flexible spending accounts (FSAs), health‑saving account (HSA) with company contributions, voluntary coverages, and a 401(k) plan.
EEO Statement 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 (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 veteran status, or any other status protected by applicable law.
Accommodation Contact Cathay Bank may collect personal information from potential candidates. For more information on how we handle personal information and your rights, please review our Privacy Policy. To request accommodations, 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.
Additional Information Seniority level: Not applicable Employment type: Full‑time Job function: Finance and Sales Industry: Banking
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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 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’s accounts and portfolios 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 Education: College graduate with a major in related fields.
Experience:
7–10 years of loan account relationship management experience, credit underwriting experience, or a combination of both.
Strong loan portfolio management experience.
Strong loan negotiation experience (rates, terms, collateral requirements).
Previous underwriting experience in commercial lending.
Extensive knowledge of the Bank’s credit policy, risk management, underwriting requirements and loan servicing.
Knowledge of commercial and specialty group banking products and services with demonstrated ability to cross‑sell.
Skills and Abilities: PC proficient; excellent verbal and written communication skills; bilingual (English/Mandarin or Cantonese) a plus but not required; ability to work independently to restructure loans and/or lines of credit; organized, detail‑oriented and able to multi‑task; effective in a fast‑paced, high‑production team environment; excellent time‑management skills and accustomed to working with deadlines; ability to assume responsibility and accountability for decision‑making; ability to communicate effectively with all levels of Bank personnel.
Compensation $130,000–$170,000 per year. Pay is determined based on job‑related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus.
Benefits Full‑time employees receive a comprehensive benefits package, including medical, dental, vision, life, long‑term disability insurance, flexible spending accounts (FSAs), health‑saving account (HSA) with company contributions, voluntary coverages, and a 401(k) plan.
EEO Statement 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 (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 veteran status, or any other status protected by applicable law.
Accommodation Contact Cathay Bank may collect personal information from potential candidates. For more information on how we handle personal information and your rights, please review our Privacy Policy. To request accommodations, 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.
Additional Information Seniority level: Not applicable Employment type: Full‑time Job function: Finance and Sales Industry: Banking
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