Posted 2w ago

Loan Assistant

@ Cathay Bank
Rowland Heights, California, United States
$20-$25/hrOnsiteFull Time
Responsibilities:Order reports, Prepare package, Coordinate closing
Requirements Summary:Assist loan officers with loan prep and admin; 1–2 years loan administration; PC proficient; CRE underwriting knowledge; bilingual English/Mandarin or Cantonese a plus.
Technical Tools Mentioned:Loan Origination System, Credit reports, Appraisal reports, Environmental reports, Microsoft Office
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Job Description
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.

Apply today!

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Learn more about us at cathaybank.com

GENERAL SUMMARY

Under supervision and following established policies and procedures, assist loan officers in the preparation and analysis of loan requests and renewals, and provide administrative assistance to the department within the essential functions listed below.

 

ESSENTIAL FUNCTIONS

  • Order reports including appraisal, environmental, credit search and other related reports as required.
  • Assist with preparation of loan package including new loans, renewals and amendments.
  • Create and set up deals in Loan Origination System while scanning and uploading necessary information. 
  • Assist loan officers in preparing credit memo, credit reports and any other memo or waiver request as needed for approval.  
  • Coordinate the signing of loan documents and collection of other pre-closing items with customer and loan support officer for loan closing. 
  • Prepare and distribute routine reports in a timely manner. 
  • Assist with various account monitoring activities and handle customer inquiries.  

 

QUALIFICATIONS

  • Education:    College degree in accounting or business preferred.
  • Experience:  1-2 years’ experience in loan administration preferably in commercial lending. 
  • Skills/Ability: PC proficient and detail oriented.  Good understanding of CRE underwriting guidelines and financial statements.  Good verbal and written communication skills.  
    Bilingual (English/ Mandarin or Cantonese) is a plus.  Good problem-solving skills.  Ability to work in a fast pace environment.  Good time management and organizational skills.

 

OTHER DETAILS


$20.00 – $25.00 / hour
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 California Job Applicant 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.

 

Click here to view the “Know Your Rights: Workplace Discrimination is Illegal” Poster:
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Cathay Bank endeavors to make www.CathayBank.comaccessible 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 [email protected]This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.