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Cathay Bank · 3 days ago

SVP, Manager, Business Banking

El Monte, CA

Full-time

Onsite

Senior Level, Lead/Staff

$185K/yr - $230K/yr

10+ years exp

Cathay Bank is a financial institution that values its team members and fosters a caring culture. The SVP, Manager, Business Banking is responsible for the overall success of the Business Banking Group, overseeing sales, operations, and compliance while leading a team to enhance client relationships and manage lending products.

BankingFinanceFinancial Services

Responsibilities

Manages all aspects of Business Banking Group for the Bank’s small business and retail loans, primarily C&I and Investment CRE loans

Delivers effective sales and service leadership. Increases retail loan production by attracting new business relationships while deepening and retaining existing client relationships

Identifies appropriate lending opportunities and acquiring/managing a team of high performing loan officers that specialize in retail lending/business banking

Drives teams’ sales activities to include coaching and performance management

Manages and development all existing and new business banking loan products by having a deep understanding of the competitive market

Understands current economic trends and their impact on the Bank, identifies key levers to capitalize on opportunities or minimize downside exposure

Supports the Bank’s market strategies, builds skill set of team, supports relationship management efforts, and creates customized credit packages and programs

Leads a team of credit officers and analysts to underwrite, structure, and manage all business credits

Ensures overall credit quality, continued adherence to all loan servicing guidelines

Ensures successful audit results

Attends conferences and training to ensure proficient job knowledge

Manages renewals, annual reviews, covenant monitoring, and completion of periodic reviews for all loans

Observes all control standards and implement compliance policies/procedures, including the timely implementation of recommendations made by internal/external auditors and external regulators

Approves loans/lines that exceed Loan Officers’ authority within authorized level

Supervises Business Banking Group in its portfolio consisting of branch loans, and to control and monitor the quality of the portfolio

Works closely with branches and lending teams on promoting Retail Loan products and services

Develops the skills of the sales team and the operations teams within the department through a combination of goal-setting, delegation, coaching and training, counseling, and performance management

Creates or participates in creating a product development/promotion program for retail loans

Qualification

Commercial lending experienceCredit analysis skillsTeam leadershipAnalytical skillsRelationship buildingClient service skillsGoal-settingCoachingProblem-solving

Required

10+ years' experience in retail lending as a business development manager with demonstrated progression of professional responsibility

10+ years in commercial lending and credit experience

Excellent knowledge of commercial credit policies and procedures, and bank operations policies and procedures

Excellent credit analysis and accounting skills

Excellent analytical skills, including the ability to identify problems, research and analyze issues from different perspectives, and make recommendations

Forecast and meet monthly/quarterly/annual profitability and volume targets

Great relationship building and client service skills

Ability to prioritize, handle multiple tasks, quickly shift between competing and sometimes conflicting priorities in a fast-paced environment

Demonstrated ability to lead and manage a team, set goals, provide coaching, and hold team members accountable for results

Preferred

College degree with major in finance, marketing or business-related discipline

Benefits

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

Glassdoor3.1

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.

Founded in 1962

El Monte, California, USA

1001-5000 employees