DIRECT REPORTSThe incumbent manages the Team Managers who oversee their respective regions in Northern California and may also manage those later added to the Washington C&I lending team.
ESSENTIAL FUNCTIONS- Develops an annual business plan of new loan growth, both commitments and outstanding, as well as setting targets for deposit growth and fee generation for the entire team.
- Discuss the annual goals with management and communicate them to the individual staff on the team responsible for loan and/or deposit growth.
- Manages existing loan portfolios to track the performance of the credit and monitor borrower's compliance with covenants and be able to make specific risk rating recommendations.
- Maintain and grow the existing client base with multiple loan and deposit products.
- Review and edit all loan presentations before submitting them to Credit Administration.
- Oversee operational and risk management activities to ensure the highest level of client service and operating efficiencies and compliance with Bank, regulatory and credit requirements.
- Ensure compliance with all internal operating policies, procedures and audit standards.
- Maintain a highly motivated and qualified division of staff through selection, placement, training, counseling and promotion of people to achieve optimal team performance.
- Provide effective and engaging leadership to the staff of Loan Officers and Loan Assistants, offering clear goals and a defined career vision.
- Actively participates in business community activities, including attending business functions and networking events where new business opportunity is possible or deepening an existing relationship is the goal.
QUALIFICATIONS- Education: College degree in business-related discipline preferred.
- Experience: Minimum 10 years of commercial lending experience with at least 3-5 years of management experience.
- Skills/Ability: PC proficiency. Excellent verbal and written communication skills. Bilingual (English/Mandarin or Cantonese) is desirable but not required. Excellent 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 business development skills. Strong financial analysis and accounting skills. Ability to plan, organize, prioritize, and delegate. Ability to exercise sound judgment.
OTHER DETAILS$208K - $250K / year
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).
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