VP/FVP, Underwriting Manager

About the role

The Underwriting Manager is responsible for processing new complex credit requests and extending existing credit facilities. They analyze, underwrite, and recommend decisions on credit requests, assist in monitoring and managing the credit portfolio, and provide consultative underwriting advice.

Responsibilities

• Acts as a team leader overseeing credit underwriting activities to minimize credit losses.
• Trains less-experienced credit staff and allocates work assignments based on experience.
• Supports market growth by assessing credit needs and developing credit solutions.
• Provides consultative underwriting advice, credit analysis, and ongoing monitoring to meet customer needs and minimize credit losses.
• Identifies, classifies, and monitors problem or potential problem loans in compliance with internal credit review policy.
• Performs portfolio reporting on an ad hoc and quarterly basis for senior management.
• Interacts with Credit Administration, Appraisals, Legal, and other related Bank personnel regarding credit quality and risk management.

Requirements

• Education: Bachelor’s degree in Finance, Business, or related field preferred.
• Experience: 7-10+ years of banking, underwriting, and credit experience; 7-10+ years of underwriting commercial loans; 3-5 years of experience managing a team.
• Skills: Analyze financial statements, tax returns, and collateral; excellent knowledge of commercial lending policies, procedures, and practices; excellent written and verbal communication skills; strong organizational and managerial skills.

Qualifications

• Education: Bachelor’s degree in Finance, Business, or related field preferred.
• Experience: 7-10+ years of banking, underwriting, and credit experience; 7-10+ years of underwriting commercial loans; 3-5 years of experience managing a team.
• Skills: Analyze financial statements, tax returns, and collateral; excellent knowledge of commercial lending policies, procedures, and practices; excellent written and verbal communication skills; strong organizational and managerial skills.

Skills

• Ability to analyze financial statement, tax returns, and collateral.
• Excellent knowledge of commercial lending policies, procedures, practices, and documentation.
• Excellent written and verbal communication skills.
• Strong organizational and managerial skills.

Benefits

Cathay Bank offers a competitive benefits package including medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, flexible spending accounts (FSAs), health savings account (HSA) with company contributions, voluntary coverages, and a 401(k).

Pay

$115,000 – $166,100 / year

Schedule

N/A