Disclosed is an exhaust gas purification catalyst with a multilayered structure including an ultra-thin layer with a thickness of 20 micrometers or less and containing Rh, Pd, or both as at least one precious metal component, and to a method of manufacturing the same. The method includes a step of forming an ultra-thin layer having a thickness of 20 micrometers or less as the top layer of the catalyst by applying a polymer coating solution containing a polymer having a functional group capable of chelating with the precious metal component(s) on the surface of the multilayer structure of the catalyst. The disclosed catalyst exhibits improved removal efficiency for THC, CO, and NOx contained compared to an existing thin film-type catalyst. Since the disclosed catalyst is coated with a thin coating layer containing at least a portion of precious metal components, the disclosed catalyst exhibits improved performance while using the same amount of precious metal components as in conventional catalysts.