Cathay Bank
SVP, Director of Wealth Management & Premier Banking
Cathay Bank, San Gabriel, California, United States, 91776
SVP, Director of Wealth Management & Premier Banking
San Gabriel, CA, USA
Job Description Posted Friday, January 16, 2026 at 8:00 AM
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.
Review and recommend suitable third-party vendor to perform the Bank’s Wealth Management business. Direct and supervise the Bank’s Wealth Management related sales, operational, promotional activities. Review and recommend Wealth Management products line, design, and implement the Bank’s Wealth Management related referral, incentive, payout program for both branch staff and Financial Advisors. Develop the Bank’s Wealth Management strategic business plan. Ensures annual production and revenue objectives are met.
DIRECT REPORTS The incumbent supervises the Financial Advisors and other Wealth Management staff.
ESSENTIAL FUNCTIONS
Develop, plan, and manage the Bank’s Wealth Management products and services through third party vendors.
Develop bank-wide strategic plans for business development, Financial Advisor bench nurture, market segmentation, product introduction and sales expansion.
Monitor sales activities and ensure that revenue goals are met.
Through the direct and indirect supervision of the Financial Advisors, promote Wealth Management business in accordance with the Bank’s business development plan and objectives.
Direct key business promotional opportunities.
Design, implement, and direct the referral program to increase business through the Bank’s branch network.
Recommend and implement the commission program for Financial Advisors to motivate sales of wealth management products.
Effectively work with District Administrators and Branch Managers to jointly promote the Bank’s Wealth Management sales activities.
Mentor, coach, and develop skillsets of all staff in the department through a combination of goal setting, delegation, training, counseling, and performance management.
Recommend hire, transfer, termination, salary adjustment and performance evaluation within the department, except for the Brokerage Operations/Compliance Officer position.
QUALIFICATIONS
Education: Bachelor or above degree in business-related discipline preferred but not required.
Experience: Minimum 10 years of experience in wealth management including at least 5 years of experience in a supervisory capacity in banking industry or similar financial institution.
Skills/Ability: Excellent knowledge of securities, insurances, mutual funds, annuities and other Wealth Management related products. Current knowledge of federal, state and FINRA regulatory laws pertaining to wealth management, excellent managerial skills, ability to lead a large team in different locations, excellent business development and interpersonal skills, excellent verbal and written communication skills. Bilingual Mandarin or Cantonese preferred but not required. Series 7, 24, 63 or 65, or 66, and Life Insurance license preferred but not required.
OTHER DETAILS $180K – $220K / 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.
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.
#J-18808-Ljbffr
Job Description Posted Friday, January 16, 2026 at 8:00 AM
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.
Review and recommend suitable third-party vendor to perform the Bank’s Wealth Management business. Direct and supervise the Bank’s Wealth Management related sales, operational, promotional activities. Review and recommend Wealth Management products line, design, and implement the Bank’s Wealth Management related referral, incentive, payout program for both branch staff and Financial Advisors. Develop the Bank’s Wealth Management strategic business plan. Ensures annual production and revenue objectives are met.
DIRECT REPORTS The incumbent supervises the Financial Advisors and other Wealth Management staff.
ESSENTIAL FUNCTIONS
Develop, plan, and manage the Bank’s Wealth Management products and services through third party vendors.
Develop bank-wide strategic plans for business development, Financial Advisor bench nurture, market segmentation, product introduction and sales expansion.
Monitor sales activities and ensure that revenue goals are met.
Through the direct and indirect supervision of the Financial Advisors, promote Wealth Management business in accordance with the Bank’s business development plan and objectives.
Direct key business promotional opportunities.
Design, implement, and direct the referral program to increase business through the Bank’s branch network.
Recommend and implement the commission program for Financial Advisors to motivate sales of wealth management products.
Effectively work with District Administrators and Branch Managers to jointly promote the Bank’s Wealth Management sales activities.
Mentor, coach, and develop skillsets of all staff in the department through a combination of goal setting, delegation, training, counseling, and performance management.
Recommend hire, transfer, termination, salary adjustment and performance evaluation within the department, except for the Brokerage Operations/Compliance Officer position.
QUALIFICATIONS
Education: Bachelor or above degree in business-related discipline preferred but not required.
Experience: Minimum 10 years of experience in wealth management including at least 5 years of experience in a supervisory capacity in banking industry or similar financial institution.
Skills/Ability: Excellent knowledge of securities, insurances, mutual funds, annuities and other Wealth Management related products. Current knowledge of federal, state and FINRA regulatory laws pertaining to wealth management, excellent managerial skills, ability to lead a large team in different locations, excellent business development and interpersonal skills, excellent verbal and written communication skills. Bilingual Mandarin or Cantonese preferred but not required. Series 7, 24, 63 or 65, or 66, and Life Insurance license preferred but not required.
OTHER DETAILS $180K – $220K / 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.
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.
#J-18808-Ljbffr