Loan Portfolio Officer at Cathay Bank - Headquarters

GENERAL SUMMARY

Following established policies and procedures, the Loan Portfolio Officer is responsible for maintaining and monitoring the existing portfolio and growing/developing the client relationship. Work with the Underwriting Department to provide required information for loan underwriting on both new and renewal credits. Product types include all facets of commercial loans and construction loans.

ESSENTIAL FUNCTIONS

• Under the direction of the Team Manager, maintain and monitor a loan portfolio which includes evaluating, recommending and structuring loans; monitoring quarterly financial statements, and addressing any issues; as well as recommending loan amendments and renewals based on client needs.
• Ensure compliance with Bank, regulatory and credit requirements with emphasis on quality client service.
• Prepare and review various reports such as credit underwriting documents, compliance checks, financial spreads, past due reports, tickler reports, exception reports, and pipeline reports, etc.
• Assist clients and follow up on outstanding items such as analyzing client financial statements and verifying covenant compliance.
• May assist with training of loan assistants.

QUALIFICATIONS

• Education: College graduate with major in business, finance, or accounting preferred.
• Experience: Minimum 2 years of experience in corporate commercial lending in credit analysis or portfolio management required. Thorough knowledge of lending regulations and underwriting practices preferred.
• Skills/Ability: PC proficient. Strong verbal and written communication skills. Bilingual (English/Mandarin or Cantonese) a plus. Organized and detail oriented. Good credit knowledge of Bank's credit underwriting policies and approval process for assigned loan. Ability to work effectively in a fast-paced, high production environment. Strong financial analysis and accounting skills.

OTHER DETAILS

$26.44 - $38.46 / hour
Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.

Cathay 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).

Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policy.

Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.

Click here to view the "Know Your Rights: Workplace Discrimination is Illegal" Poster:
Poster- English

Poster- Spanish

Poster- Chinese Traditional
Poster- Chinese Simplified

Cathay Bank endeavors to make www.CathayBank.comaccessible 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 (626) 582-7370 or [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.