FVP, Portfolio Manager

About the role

Portfolio Manager (“PM”) is responsible for maintaining and monitoring existing commercial loan portfolio and work 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 Bank’s other products and services. PM is expected to provide “best-in-class” service to these loan clients while following established Bank’s policies and procedures.

Responsibilities

• Prepares credit analysis and provides opinions and recommendations regarding proposed and loan portfolio credits and potential risks to both the credit profile and collateral securing the transactions, including entering information into nCino, and analyzing cash spread reports.
• Maintains and grows existing client relationships, cross-sells 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.
• Works closely with SRM(s) and Team Managers on the assigned loan portfolio by monitoring and managing the credit quality of such portfolio.
• Reviews each credit to ensure it is properly risk rated based on the Bank’s risk rating system.
• Maintains and grows existing client relationships, cross-sells 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.
• Works 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.
• Ensures 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 degree in Finance, Accounting, Business, or related field preferred. Foundational knowledge of accounting principles or relevant experience applying accounting concepts (coursework preferred).
• Experience: Must have a minimum 5-7 years (VP level) or minimum 7-10 years (FVP level) of working experience in analyzing and underwriting varying levels of complex commercial credit, which includes analyzing company and personal financial statements, tax returns, cash flows, various industries, field exams, collateral issues and values, and loan structures.
• Working knowledge of credit, accounting, credit procedures and financial statement analysis.

Skills/Ability

• Strong knowledge of commercial credit policies and procedures.
• Excellent organizational and analytical skills.
• Strong verbal and written communication skills to present clear and precise recommendations based upon analysis of a loan structure and request.
• Ability to work independently and in teams and interact effectively with all levels of Bank personnel and outside contacts.
• Proficient in Microsoft Office (Word, Excel, and Outlook) and financial spreading programs.

Other Details

$142K – $166K / year Pay determined based on job-related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus.

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).

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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.

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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.