Cathay Bank - Headquarters
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 thanks 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 maintains close contact with clients, leveraging relationships to identify and bring in additional new business opportunities, both in loans and the bank’s other products and services. PM provides best‑in‑class service to loan clients while following the bank’s policies and procedures.
Direct Reports None.
Essential Functions
Work closely with SRMs and Team Managers on the assigned loan portfolio, monitoring and managing the credit quality.
Ensure each credit is properly risk‑rated according to the bank’s risk rating system.
Maintain and grow existing client relationships, cross‑selling the bank’s products and services.
Accountable for credit underwriting and origination of new credits from the existing client base, portfolio monitoring, renewals, amendments and annual reviews.
Prepare the Credit Commitment Report (CCR) with designated underwriters, loan assistants and other support staff.
Review client accounts and portfolios to identify and evaluate potential credit quality issues, maximizing credit quality and minimizing risk and potential loss to the bank.
Ensure compliance with bank, regulatory and credit requirements while providing best‑in‑class customer service and meeting 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.
Thorough knowledge of lending regulations and credit/underwriting practices.
Strong loan portfolio management and negotiation (rates, terms, collateral) experience.
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 proven ability to cross‑sell.
Skills/Abilities
PC proficiency.
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.
Organization, detail orientation and multi‑tasking ability.
Effective work in a fast‑paced, high‑production team environment.
Excellent time management skills and ability to meet deadlines.
Decision‑making accountability and effective communication with all bank personnel levels.
Other Details AVP: $80K – $110K per year VP: $110K – $125K per 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 full‑time employees a competitive benefits package including medical, dental, vision, life, long‑term disability insurance, flexible spending accounts, health savings account 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 Cathay Bank is an Equal Opportunity and Affinity 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), reproductive health decisions, 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.
Accommodations This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
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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 maintains close contact with clients, leveraging relationships to identify and bring in additional new business opportunities, both in loans and the bank’s other products and services. PM provides best‑in‑class service to loan clients while following the bank’s policies and procedures.
Direct Reports None.
Essential Functions
Work closely with SRMs and Team Managers on the assigned loan portfolio, monitoring and managing the credit quality.
Ensure each credit is properly risk‑rated according to the bank’s risk rating system.
Maintain and grow existing client relationships, cross‑selling the bank’s products and services.
Accountable for credit underwriting and origination of new credits from the existing client base, portfolio monitoring, renewals, amendments and annual reviews.
Prepare the Credit Commitment Report (CCR) with designated underwriters, loan assistants and other support staff.
Review client accounts and portfolios to identify and evaluate potential credit quality issues, maximizing credit quality and minimizing risk and potential loss to the bank.
Ensure compliance with bank, regulatory and credit requirements while providing best‑in‑class customer service and meeting 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.
Thorough knowledge of lending regulations and credit/underwriting practices.
Strong loan portfolio management and negotiation (rates, terms, collateral) experience.
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 proven ability to cross‑sell.
Skills/Abilities
PC proficiency.
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.
Organization, detail orientation and multi‑tasking ability.
Effective work in a fast‑paced, high‑production team environment.
Excellent time management skills and ability to meet deadlines.
Decision‑making accountability and effective communication with all bank personnel levels.
Other Details AVP: $80K – $110K per year VP: $110K – $125K per 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 full‑time employees a competitive benefits package including medical, dental, vision, life, long‑term disability insurance, flexible spending accounts, health savings account 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 Cathay Bank is an Equal Opportunity and Affinity 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), reproductive health decisions, 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.
Accommodations This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
#J-18808-Ljbffr