Portfolio Management Executive

4 days ago


Los Angeles, California, United States Cathay Bank Full time
Cathay Bank Portfolio Manager Role Overview

At Cathay Bank, we strive to provide a supportive environment that fosters growth and development. As a Portfolio Manager, you will play a crucial role in maintaining and monitoring the existing commercial loan portfolio, while working closely with Senior Relationship Managers to identify new business opportunities.

Job Summary: The successful candidate will be responsible for maintaining strong client relationships, cross-selling Bank products and services, and providing best-in-class service to clients while adhering to established policies and procedures.

Key Responsibilities:
  • Credit Quality Monitoring: Work closely with SRM(s) and Team Managers to monitor and manage the credit quality of the assigned loan portfolio.
  • Client Relationship Building: Maintain and grow existing client relationships, leveraging these connections to identify and bring in additional new business opportunities.
  • Credit Underwriting: Specifically accountable for credit underwriting and origination of new credits from the existing client base, portfolio monitoring, renewals, amendments, and annual reviews.
  • Collaboration and Communication: Work effectively with designated underwriters, loan assistants, and other loan support staff to prepare Credit Commitment Reports (CCRs).
  • Risk Management: Identify, evaluate, and determine the appropriate course of action on potential credit quality issues to maximize credit quality and minimize risk and potential loss to the Bank.
Requirements:
  • Education and Experience: U.S. College graduate with a major in related fields, strongly preferred; 5-7 years of loan account relationship management experience, credit underwriting experience, or a combination of both.
  • Skills and Abilities: Thorough knowledge of lending regulations and credit/underwriting practices; strong loan portfolio management experience; excellent verbal and written communication skills; PC proficient; bilingual (English/Mandarin or Cantonese) a plus but not required.
Compensation and Benefits:

We offer a competitive salary ranging from $95K to $130K per year, determined based on job-related knowledge, skills, experience, and location. Additionally, our comprehensive benefits package includes coverage for 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 401(k). At Cathay Bank, we are committed to diversity, equity, and inclusion in the workplace and welcome applications from all qualified candidates.



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