Cathay Bank · 6 hours ago
VP, Portfolio Manager
Queens, NY
Full-time
Onsite
Mid, Senior Level
$90K/yr - $110K/yr
5+ years expCathay Bank is committed to fostering a caring culture that supports the aspirations and success of its employees. The Portfolio Manager is responsible for maintaining and monitoring the commercial loan portfolio, ensuring credit quality, and leveraging client relationships to identify new business opportunities while providing exceptional service.
BankingFinanceFinancial Services
Responsibilities
PM is to work closely with SRM(s) and Team Managers on the assigned loan portfolio by monitoring and managing the credit quality of such portfolio
Review to ensure each credit is properly risk rated based on the Bank’s risk rating system
Maintain and grow existing client relationships, cross-sell Bank’s other products and services
Specifically accountable for credit underwriting and origination of new credits from the existing client base, portfolio monitoring, renewals, amendments and annual reviews
Work with designated underwriter, loan assistants and other loan support staff to prepare the Credit Commitment Report (“CCR”)
Reviews client’s accounts and portfolios in order to identify, evaluate and determine the appropriate course of action on potential credit quality issues in order to maximize credit quality and minimize risk and potential loss to the Bank
Ensure compliance with Bank, regulatory and credit requirements with emphasis on best-in-class customer service while adhering to required timeframes from the client
Qualification
Required
5-7 years of loan account relationship management experience, credit underwriting experience or a combination of both
Thorough knowledge of lending regulations and credit/underwriting practices
Must have strong loan portfolio management experience
Must possess strong loan negotiation (rates, terms, collateral requirements) experience
Must possess previous underwriting experience in the requisite area of commercial lending
Must have extensive knowledge and understanding of Bank's credit policy, risk management, underwriting requirements and loan servicing
Must have strong knowledge and understanding of commercial and specialty group banking products and services and have demonstrated ability to cross-sell such products
PC proficient
Excellent verbal and written communication skills
Ability to work well independently to restructure loans and/or lines of credits
Must be organized and detail oriented and able to multi-task
Ability to work effectively in a fast paced, high production and team environment
Excellent time management skills and be accustomed to working with deadlines
Ability to assume responsibility and accountability for decision-making
Ability to communicate effectively with all levels of Bank personnel
Preferred
U.S. College graduate with major in related fields, strongly preferred
Bilingual (English/Mandarin or Cantonese) a plus but not required
Benefits
Coverage for medical insurance
Dental insurance
Vision insurance
Life insurance
Long-term disability insurance
Flexible spending accounts (FSAs)
Health saving account (HSA) with company contributions
Voluntary coverages
401(k)
Company
Cathay Bank
Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.
1001-5000 employees
H1B Sponsorship
Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Chang Liu
President & Chief Operating Officer
Bob Romero
SVP/CIO
Recent News
Morningstar.com
2025-11-10
The Real Deal
2025-10-26
Company data provided by crunchbase