Cathay Bank

VP, Director of Facility and Property Management

Cathay Bank$115K — $124K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Facilities Management, Business Administration, Engineering, Real Estate, or related field required; Master's degree preferred.
  • 5-7 years in facilities and property management, with at least 5 years in leadership roles; experience in financial services preferred.
  • Strong background in construction and real estate, vendor management and regulatory compliance.
  • Effective negotiation and vendor management capabilities.
  • Proficient in Microsoft Office and facilities management systems.

Responsibilities

  • Develop and implement facilities and property management strategies to support growth and efficiency.
  • Oversee daily operations and maintenance of all bank facilities, ensuring high standards.
  • Manage leases and vendor contracts, negotiating terms for optimal cost and service levels.
  • Direct capital planning, including renovations and new site development.
  • Ensure compliance with building codes, safety regulations, and environmental standards.
  • Lead space planning and workplace optimization initiatives for productivity.
  • Develop departmental budgets, monitor expenses, and identify cost-saving opportunities.

Benefits

  • Coverage for medical, dental, and vision insurance.
  • Life insurance and long-term disability insurance.
  • Flexible spending accounts (FSAs) and health savings accounts (HSA) with contributions.
  • Voluntary coverages available.
  • 401(k) plan.
Full Job Description
GENERAL SUMMARY

Responsible for the strategic leadership, planning, and oversight of all facilities and property management functions across the organization. Ensures the efficient operation, maintenance, and safety of all bank-owned and leased properties. Develops and executes long-term facility strategies aligned with business objectives, including space planning, capital improvements, vendor management, and regulatory compliance. Oversee property operations to maintain a safe, cost-effective, and professional environment for employees and customers.

ESSENTIAL FUNCTIONS

  • Develops and implements comprehensive facilities and property management strategies to support organizational growth and operational efficiency.
  • Oversee maintenance, repair, and daily operations of all bank facilities, ensuring high standards of functionality, safety, and appearance.
  • Manage property leases, vendor contracts, and service agreements; negotiate terms to optimize cost and service levels.
  • Directs capital planning, including renovations, expansions, and new site development projects.
  • Ensures compliance with all applicable building codes, safety regulations, environmental standards, and regulatory requirements.
  • Leads space planning and workplace optimization initiatives to enhance employee productivity and customer experience.
  • Develops and manages departmental budgets, monitors expenses, and identifies cost-saving opportunities.
  • Oversee emergency preparedness, business continuity planning, and facility-related risk management efforts.
  • Establishes and maintains relationships with internal stakeholders, external vendors, contractors, and regulatory agencies.
  • Provides leadership, coaching, and performance management to facilities and property management teams.
  • Direct Construction and Remodel project from Design to Construction.


QUALIFICATIONS

Education:

  • Bachelor's degree in Facilities Management, Business Administration, Engineering, Real Estate, or related field required. Master's degree preferred. Professional certifications (e.g., CPM, FMP, or CFM) a plus.


Experience:

  • 5-7 years of progressive experience in facilities and property management, with at least 5 years in a leadership role. Experience managing multiple sites and large-scale operations, preferably within financial services or a regulated industry. Strong background in Construction and Real Estate, vendor management, capital project oversight, and regulatory compliance.


Skills/Ability:

  • Strong leadership and strategic planning skills
  • Excellent project management and organizational abilities
  • Knowledge of Real Estate related business such as transaction, leases and property Management
  • Knowledge of construction planning and management, facilities maintenance practices, and safety regulations
  • Strong financial acumen and budget management skills
  • Effective negotiation and vendor management capabilities
  • Excellent written and verbal communication skills
  • Ability to manage multiple priorities and work effectively across all levels of the organization
  • Proficient in Microsoft Office (Word, Excel, Outlook) and facilities management systems
  • Prefer bilingual


OTHER DETAILS

$115K - $124K / 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).

About Cathay Bank

Cathay Bank is a regional bank that provides personal and commercial banking services. The bank offers checking and savings accounts, loans, credit cards, and other financial services. Cathay Bank serves customers in California, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, and Washington. The bank was founded in 1962 and is headquartered in El Monte, California.
Learn more about Cathay Bank
Size
1,156 employees
Market Cap
$3 billion
Industry
Net Income
$228.8 million
5 Year Trend
+6%
NASDAQ

Similar Jobs

More Jobs at Cathay Bank

More Real Estate & Construction Jobs

Find similar VP, Director of Facility and Property Management jobs: