Loan Support Officer

Cathay Bank • Los Angeles, CA

3d • $26 - $38

About The Position

Following established policies and department procedures, support Loan Officers in client service and loan processing. Assist in monitoring and training assistant-level staff.

Requirements

• College graduate with a major in accounting, finance, or business preferred.
• Minimum 2-3 years of corporate commercial lending and banking experience with good knowledge of lending regulations, loan funding/closing, and credit/underwriting practices.
• PC proficiency.
• Good verbal and written communication skills.
• Organized and detail oriented.
• Good knowledge of Bank’s credit underwriting policies and approval process for assigned loans.
• Ability to manage loan funding/closing and complex loan issues.
• Ability to work effectively in a fast-paced, high production environment.
• Strong financial analysis and accounting skills.

Responsibilities

• Support the lending team’s client service and loan processing.
• Coordinate with internal and external units (e.g., loan documentation department, loan servicing department, title, escrow, borrower, broker) to close commercial loans.
• Provide quality client service and follow up on outstanding items.
• Prepare required disclosure information within designated time frames.
• Ensure compliance with Bank, regulatory and credit requirements with emphasis on quality client service while adhering to given deadlines.
• Assist with mentoring and training Loan Assistants.
• Assist in monitoring loan covenants and insurance.
• Upload loan-related documents to imaging system.
• Prepare periodic reports.

Benefits

• coverage for medical insurance
• dental insurance
• vision insurance
• life insurance
• long-term disability insurance
• flexible spending accounts (FSAs)
• health saving account (HSA) with company contributions
• voluntary coverages
• 401(k)

What This Job Offers

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