VP, Assistant Loan Review Manager
Company: Cathay Bank
Location: El Monte
Posted on: June 18, 2022
This position currently allows for a hybrid work
People Drive Our Success
Are you enthusiastic, highly motivated, and have a strong work
ethic? If yes, come join our team! At Cathay Bank - we strive to
provide a caring culture that supports your aspirations and
success. We believe people are our most valuable asset and we
proudly foster growth and development empowering you to achieve
your professional goals. We have thrived for 60 years and
persevered through many economic cycles due to our team members'
drive and optimism. Together we can make a difference in the
financial future of our communities.
We offer a competitive benefits package and comprehensive training
programs so you can focus on your long-term professional career and
your next steps at Cathay Bank. Apply today!
What our team members are saying:
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Learn more about us at cathaybank.com
Analyze loans for credit quality and adherence to bank policy. Act
as Examiner-In-Charge of assigned lending unit reviews and prepare
comprehensive reports for distribution to management. Assist in the
loan sampling process for lending unit reviews and in other
departmental functions as necessary.
The incumbent has no direct reports. Provide guidance or mentorship
to junior staff.
1. Perform detailed loan file reviews as well as secondary reviews
of completed linesheets of lending unit's portfolios. The reviews
evaluate loan credit quality, Risk Identification, Policy
Compliance, Support for the Credit Decisions, and Loan
2. Act as Examiner-In-Charge for assigned lending unit reviews and
host the Exit Meeting for the respective units to discuss findings,
issues and/or concerns.
3. Prepare and draft the Loan Review Report that communicate
findings to Unit Management, Senior Management, and the Audit
4. Identify and elevate significant credit risk issues, trends and
exceptions to Loan Review Manager.
5. Track and log in all risk rating recommendations determined as a
result of a lending unit review.
6. Track appropriate financial and documentation exceptions or
unresolved issues identified during a review.
7. Collaborate with the Loan Review Manager to ensure timely and
effective execution of the Loan Review Plan.
8. Periodically attend assigned PLR meetings and act as a back-up
to Loan Review Manager to ensure loans reviewed are appropriately
9. Complete special projects, such as due diligence for
acquisitions and mergers, and targeted reviews at the direction of
10. Partner with Loan Review Manager in the development of
monitoring procedures or analysis of the Bank's loan portfolio to
ensure that significant trends are identified and researched and
make recommendations to mitigate the level of risk.
11. Participate in efforts to enhance department and Bank
procedures for loan review, processes, methodology, risk ratings,
exceptions monitoring, portfolio analysis, management reporting and
other areas as necessary.
12. Interact with personnel from other departments in connection
with the scheduled reviews.
13. Act as a back-up to Loan Review Manager, interact with external
entities (i.e. KPMG, regulators, etc.)
- Education: College degree in Accounting, Finance, or business
related discipline preferred.
- Experience: Five or more years of commercial lending experience
with at least three years in a credit/loan review function with a
commercial bank preferred. Experience as a bank examiner, or with a
consulting/accounting firm is also acceptable.
- Skills/Ability: Leadership qualities: ability to plan, organize
and motivate. Ability to create and/or contribute to a positive
team environment. Accountable; ability to make decisions and assume
responsibility for those decisions. Ability to exercise sound
judgment. Knowledge of the various factors related to commercial
and industrial and commercial and residential real estate lending
products. Exposure to regulatory requirements, economic factors,
and standards applicable to commercial lending, commercial real
estate, construction, and residential lending products. Good risk
analysis skills. Good cash flow analysis skills. Ability to manage
high-volume work flow. Good interpersonal, verbal and written
communication skills. Experience using computer related software
applications, (i.e. Word, Excel, Outlook, etc.).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
Cathay Bank is an equal opportunity employer. We believe in
diversity, equity, and inclusion in the workplace. 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),
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.
Cathay Bank endeavors to make www.CathayBank.com accessible 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
This contact information is for accommodation requests only and
cannot be used to inquire about the status of applications.
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Keywords: Cathay Bank, El Monte , VP, Assistant Loan Review Manager, Executive , El Monte, California
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