Senior Loan Assistant
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!
What our team members are saying:
Learn more about us at cathaybank.com
GENERAL SUMMARY
Under limited supervision and following established policies and department procedures, provide administrative support for the Corporate Lending Department, including the essential functions listed below.
ESSENTIAL FUNCTIONS
- Order reports including appraisal, environmental, credit search and other related reports as required.
- Prepare new and renewed underwriting packages.
- Create and set up deals in Loan Origination System while scanning and uploading necessary information.
- Support Loan Officers in loan closing and funding including coordinating with the signing of loan documents and collection of other pre-closing items with customers and loan support officers for loan closing.
- Underwrite new and renewed loans under $1 million dollars when needed.
- Assist Loan Officers with credit modifications and amendments.
- Assist Loan Officers in customer service and follow up on outstanding items.
- Assist Loan Officers with various account monitoring activities.
- Prepare and distribute routine reports.
- Maintain loan files and follow up reporting and financing covenants.
- Assist with coordinating and training tasks for less experienced Loan Assistants.
QUALIFICATIONS
- Education: College degree in business or finance preferred but not mandatory.
- Experience: Minimum of 2 years in commercial lending or similar financial services environment.
- Skills/Ability: PC Proficient and detail oriented. Strong verbal and written communication skills. Bilingual (English/ Mandarin or Cantonese) is a plus. Ability to effectively interact with customers and all levels of management.
OTHER DETAILS
$20.19 – $26.44 / 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 Privacy Policy.
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We believe in diversity, equity, and inclusion in the workplace. 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:
Poster- English
Poster- Chinese Traditional
Poster- Chinese Simplified
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 mickey.hsu@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.