SVP, Manager, Business Banking

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.

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GENERAL SUMMARY

Responsible for the overall success of the Business Banking Group, including the development and management of sales, operations, team member development and retention, and compliance with all laws and policies and procedures. Maintains a high level of product knowledge to enable the sale of lending, deposit and business services products, and the referral of retail and wealth products.

DIRECT REPORTS

FVP & SVP, Manager, Business Banking manages the entire staff in the Business Banking Group.

ESSENTIAL FUNCTIONS

• 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.

QUALIFICATIONS

OTHER DETAILS

$185K - $230K / 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).

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 Policy .

Cathay Bank is an Equal Opportunity and Affirmative Action Employer. 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), reproductive health decision-making, 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.

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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 mickey.hsu@cathaybank.com . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.