Loan Assistant

Cathay Bank • Rowland Heights, CA

3d • $20 - $25

About The Position

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.

Requirements

• College degree in accounting or business preferred.
• 1-2 years’ experience in loan administration preferably in commercial lending.
• PC proficient and detail oriented.
• Good understanding of CRE underwriting guidelines and financial statements.
• Good verbal and written communication skills.
• Good problem-solving skills.
• Ability to work in a fast pace environment.
• Good time management and organizational skills.

Nice To Haves

• Bilingual (English/ Mandarin or Cantonese) is a plus.

Responsibilities

• 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.

Benefits

• 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).

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees