Loan Support Officer (NE)
About the role
Following established policies and department procedures, responsible for closing commercial real estate and construction loans including new loans, renewals, modifications, and amendments. Support Lending Officers in processing deals, customer service, and loan/covenant monitoring.
Responsibilities
- Support lending team’s loan processing, administration and closing process.
- Cook with internal and external units (DCF, loan servicing, borrower) to close commercial real estate and construction loans.
- Prepare and input nCino deal information for loans.
- Follow up on reporting financial/loan covenants and documents.
- Verify construction loan requisition packages and other construction related loan monitoring reports.
- Provide quality customer 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 customer service while adhering to given deadlines.
- Review/underwrite less complex new and renewed credits, modifications, and amendments.
Qualifications
- Education: College graduate with a major in accounting, finance, or business preferred.
- Experience: Experience in real estate or commercial lending and banking experience, loan funding/closing, and credit/underwriting practices, preferred.
- Skills/Ability: Proficient with Microsoft Office applications. Good verbal and written communication skills. Strong financial analysis and accounting skills. Organized and detail oriented. Ability to manage loan funding/closing and complex loan issues. Ability to work effectively in a fast-paced, high production environment.
Other Details
- Pay: $33.17 – $35.10 / 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, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Contact Information
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 endeavors to make www.CathayBank.com accessible 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.