Loan Assistant / Sr. Loan Assistant

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.
• 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.
• Aid Loan Officers with credit modifications and amendments.
• Aid Loan Officers in customer service and follow up on outstanding items.
• Aid 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 or equivalent experience.
• Experience: Sr. Loan Assistant requires a minimum of 2+ years in commercial lending or similar financial services environment. Loan Assistant requires a minimum of 1-2 years of customer service, administrative and experience meeting deadlines.
• 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

• Pay: Loan Assistant: $20.82 – $23.56 / hour
  Sr. Loan Assistant: $24.04 – $26.92 / hour
  Pay determined based on job-related knowledge, skills, experience, and location.
• 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, flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

Other Information

• Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users.
• Contact Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or mickey.hsu@cathaybank.com for accommodation requests.