AVP/VP, Portfolio Manager

Cathay Bank•Woodland Hills, CA

About The Position

The Portfolio Manager (PM) maintains and monitors an existing commercial loan portfolio and works closely with the Senior Relationship Manager (SRM), who owns the client relationships. The PM maintains close contact with clients and identifies opportunities for additional business in loans and the Bank’s other products and services. The role provides high-quality service while following established Bank policies and procedures. The PM works with SRMs and Team Managers to manage portfolio credit quality, review risk ratings, underwrite and originate new credits for existing clients, and manage portfolio monitoring, renewals, amendments, and annual reviews. The PM also coordinates with underwriters, loan assistants, and other support staff on Credit Commitment Reports, evaluates potential credit issues, and ensures compliance with Bank, regulatory, and credit requirements and client timeframes.

Requirements

College graduate with a major in a related field is strongly preferred.
AVP: 3–5+ years of loan account relationship management experience, credit underwriting experience, or a combination of both; VP: 5–7+ years.
Thorough knowledge of lending regulations and credit and underwriting practices.
Strong loan portfolio management experience.
Strong loan negotiation experience, including rates, terms, and collateral requirements.
Previous underwriting experience in the relevant area of commercial lending.
Extensive knowledge and understanding of the Bank’s credit policy, risk management, underwriting requirements, and loan servicing.
Strong knowledge and understanding of commercial and specialty group banking products and services, with demonstrated ability to cross-sell them.
PC proficiency.
Excellent verbal and written communication skills.
Ability to work independently to restructure loans and/or lines of credit.
Organized, detail-oriented, and able to multitask.
Ability to work effectively in a fast-paced, high-production team environment.
Excellent time management skills and ability to work with deadlines.
Ability to assume responsibility and accountability for decision-making.
Ability to communicate effectively with all levels of Bank personnel.

Nice To Haves

Bilingual in English and Mandarin or Cantonese.

Responsibilities

Work with Senior Relationship Managers and Team Managers to monitor and manage the credit quality of the assigned loan portfolio.
Review credits to ensure they are properly risk rated under the Bank’s risk rating system.
Maintain and grow existing client relationships and cross-sell the Bank’s products and services.
Underwrite and originate new credits from the existing client base.
Manage portfolio monitoring, renewals, amendments, and annual reviews.
Work with designated underwriters, loan assistants, and other loan support staff to prepare Credit Commitment Reports.
Review client accounts and portfolios to identify and evaluate potential credit quality issues and determine appropriate action to maximize credit quality and minimize risk and potential loss to the Bank.
Ensure compliance with Bank, regulatory, and credit requirements while providing high-quality customer service and meeting required client timeframes.