Loan Support Officer

Cathay Bank•Woodland Hills, CA

16h

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 skills
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.
Each team member is required to complete all required training including Compliance and Bank Secrecy Act/Anti-Money Laundering training suitable to his or her position within the Bank.

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.