Loan Review.VP, Sr. Loan Review Officer​/VP, Loan Review Officer

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.

The Loan Review Department (LRD) is a second line of defense function, part of Cathay Bank’s Risk Division, and is independent of all credit granting, adjudication, and operations by the first line of defense. LRD’s mandate is to independently assess and opine upon the overall credit risk and effectiveness of credit risk management processes of the Bank. LRD also serves as an internal advisor to lending units, loan administration, and credit administration/risk management to identify, recommend and effect process changes regarding credit risk management activities, regulatory issues related to credit risk, credit policy, and general credit underwriting guidelines;

identifies current or potential problems regarding the assessment of credit risk and the administration of Bank credit/loan exposure; analyzes and monitors the quality of various and commercial credits that represent the wide range of non‑retail credit products offered by the Bank. LRD evaluates Credit Policies/Credit Process and assures that proper credit controls are in place to fully satisfy safety and soundness standards established by Bank regulators;

monitors adherence to such policies and validates that exceptions are adequately identified, fully justified and properly approved. LRD may lead credit review examinations, prepare final reports, and conduct overall meetings with Bank departments.

• Scope, lead and manage examinations of various types of credit portfolios and credit processes.
• Perform risk based independent reviews of all types of CB loan portfolios to identify current or potential problems, as well as positive elements, regarding the assessment of credit risk and the administration of Bank credit/loan exposure.
• Determine the accuracy of assigned internal credit risk ratings, non‑compliance with CB policies and procedures, loan weaknesses so that timely corrective actions can be taken, violations of laws and regulations and inadequate credit/collateral documentation.
• Identify, recommend and effect process changes as related to credit risk management activities, regulatory statutes, credit policy and general credit underwriting guidelines.
• Interpret and evaluate Bank Credit Policy and assure that proper credit controls are in place to appropriately manage credit risk. Monitor adherence to such policies and validate that exceptions are adequately identified, fully justified and properly approved.
• Act as internal advisor/partner to CB’s line units regarding loan and credit matters and provide guidance in areas that require further development.
• Maintain awareness of current regulatory/industry trends impacting the Bank’s credit areas.
• Promote teamwork within the department to ensure that knowledge and experience is shared among team members.
• Prepare departmental reports and other portfolio reporting as requested by management.
• Comply fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g., Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.).
• Complete all required training and special projects as requested.

• Education:
  
  Bachelor's degree in accounting, business administration, finance, or economics.
• Experience:
  • Minimum 5‑7 years of credit examination experience as a commercial lender, regulator or credit review officer.
  • Experience leading teams of examiners in the successful completion of credit risk review activities and related projects.
  • Experience in specialized lending such as asset‑based lending (ABL), energy (including oil & gas), shared national…