Senior Portfolio Manager

2 weeks ago


Plano, Texas, United States Cathay Bank Full time

Are you a driven professional with a passion for portfolio management? At Cathay Bank, we prioritize a supportive culture that nurtures your career ambitions and achievements. Our team members are our greatest asset, and we are committed to fostering an environment that encourages growth and development.

The Portfolio Manager ("PM") plays a crucial role in overseeing and managing the existing commercial loan portfolio. Collaborating closely with the Team Manager or Relationship Manager, the PM is responsible for maintaining strong client relationships and identifying new business opportunities within the portfolio.

Key Responsibilities:

  • Work in tandem with the Team Manager or Relationship Manager to monitor and enhance the credit quality of the assigned loan portfolio.
  • Develop and sustain existing client relationships while promoting additional Bank products and services.
  • Oversee credit origination for new accounts from established networks and existing clients, including portfolio monitoring, renewals, amendments, and annual reviews.
  • Negotiate and structure loan terms with clients, preparing necessary documentation for the approval process.
  • Collaborate with the underwriting team to prepare the Credit Commitment Report ("CCR").
  • Present the CCR to the appropriate approval authorities, ensuring accuracy and compliance.
  • Review loan documents for precision and manage the closing process effectively.
  • Monitor the credit quality of the loan portfolio and ensure proper risk ratings are assigned.
  • Evaluate client accounts to address potential credit quality issues proactively.
  • Ensure adherence to Bank policies, regulatory requirements, and deliver exceptional customer service.
  • Mentor and guide junior officers and loan staff.

Qualifications:

  • Education: Bachelor's degree in a relevant field.
  • Experience: 5-10 years in loan account management or credit underwriting, with a solid understanding of lending regulations.
  • Proven experience in managing commercial real estate and construction loans.
  • Strong negotiation skills related to loan terms and conditions.
  • Comprehensive knowledge of Bank's credit policies and risk management practices.
  • Ability to effectively cross-sell banking products and services.
  • Skills: Proficient in PC applications, excellent communication skills, and detail-oriented.

Cathay Bank offers a competitive benefits package for full-time employees, including medical, dental, and vision insurance, life insurance, long-term disability coverage, flexible spending accounts, health savings accounts with company contributions, and a 401(k) plan.

Cathay Bank is an Equal Opportunity and Affirmative Action Employer, committed to diversity, equity, and inclusion in the workplace. We welcome applications from all qualified candidates.



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