VP/FVP, Portfolio Manager

divh2Cathay Bank Job Opportunity/h2pPeople Drive Our Success Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members drive and optimism. Together we can make a difference in the financial future of our communities. Apply today!/ph3General Summary/h3pParticipates in the loan management process by providing credit and loan analytical expertise with a focus on both syndicated and direct Asset-Based Loans (ABL). Following established policies and departmental procedures, responsible for underwriting simple and complex corporate commercial loans and assisting in maintaining and monitoring the ABL portfolio, including preparation of CCRs and annual reviews. Also, analyzes prospective loan transactions and credit worthiness of potential borrowers. Prepares credit analysis and provides opinions and recommendations regarding proposed and loan portfolio credits and potential risks to both the credit profile and collateral securing the transactions, including entering information into nCino, and analyzing cash spread reports. Ensures all due diligence and background evaluation is complete and thorough on a loan request so credit approval can be considered./ph3Essential Functions/h3ulliReviews 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./liliReviews and evaluates collateral performance periodically, including field exams and appraisals, to minimize credit exposure./liliRecommends credit alternatives and creative ways to structure credits ensuring that transactions are within profitability and portfolio risk standards./liliAuthors credit approval analysis and annual review reports./liliMaintains up-to-date knowledge on all Bank lending policies and regulations./liliConfers with the appropriate Bank personnel regarding lending requirements and regulations./liliSupports lending management team by monitoring performance of borrowers, identifying problem credits, and taking a proactive approach toward resolution./liliReviews risk grading on an ongoing basis to identify potential credit profile issues./liliEscalates potential credit issues to Team Manager and Division Manager, as needed./li/ulh3Qualifications/h3ulliEducation: College degree in Finance, Accounting, Business, or related field preferred. Foundational knowledge of accounting principles or relevant experience applying accounting concepts (coursework preferred) Prior ABL training is preferred./liliExperience: Working knowledge of credit, accounting, credit procedures and financial statement analysis. Must have a 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./liliSkills/Ability: 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./li/ulh3Other Details/h3pVP: $95K $135K / year FVP: $140K $165K / year Pay determined based on job-related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus./ppCathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k)./ppCathay Bank endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at View phone number on click.appcast.io or View email address on click.appcast.io . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications./p/div