VP/FVP, Portfolio Manager

Cathay Bank•El Monte, CA

About The Position

The Portfolio Manager participates in the loan management process by providing credit and loan analytical expertise, with a specific focus on both syndicated and direct Asset-Based Loans (ABL). This role involves underwriting simple and complex corporate commercial loans and assisting in maintaining and monitoring the ABL portfolio, including the preparation of CCRs and annual reviews, all while adhering to established policies and departmental procedures. The manager also analyzes prospective loan transactions and assesses the creditworthiness of potential borrowers. Key responsibilities include preparing comprehensive credit analyses, offering opinions and recommendations on proposed and existing loan portfolio credits, and identifying potential risks to both the credit profile and collateral. This includes data entry into nCino and analysis of cash spread reports. The position ensures that all due diligence and background evaluations for loan requests are complete and thorough to facilitate credit approval.

Requirements

College degree in Finance, Accounting, Business, or related field preferred.
Foundational knowledge of accounting principles or relevant experience applying accounting concepts (coursework preferred).
Working knowledge of credit, accounting, credit procedures and financial statement analysis.
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.
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.

Nice To Haves

Prior ABL training is preferred.

Responsibilities

Reviews existing and new loan exposures, proposed extensions of credit and financial information; evaluates credit structure and terms; determines sources and uses of funds; analyzes industry data, competitive factors, historical performance, projected results, risks, and mitigating factors.
Reviews and evaluates collateral performance periodically, including field exams and appraisals, to minimize credit exposure.
Recommends credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards.
Authors credit approval analysis and annual review reports.
Maintains up-to-date knowledge on all Bank lending policies and regulations.
Confers with the appropriate Bank personnel regarding lending requirements and regulations.
Supports lending management team by monitoring performance of borrowers, identifying problem credits, and taking a proactive approach toward resolution.
Reviews risk grading on an ongoing basis to identify potential credit profile issues.
Escalates potential credit issues to Team Manager and Division Manager, as needed.