Loan Assistant

Company: Cathay Bank
Location: El Monte
Posted on: May 25, 2023

Job Description:

People Drive Our Success

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:

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Learn more about us at cathaybank.com

GENERAL SUMMARY

Under some supervision and following established policies and department procedures, provide loan support to the assigned Loan Officers.

ESSENTIAL FUNCTIONS

• Order and/or update the appraisal report, title premium or date down, environmental report, and field audit request prior to new loan entry to CLX or line renewal/amendment.
• Collect and input data, loan structures, covenants, and borrower's information to CLX for new loan/renewal/annual review/amendment/modification as assigned by the account officer before circulating to CAD for underwriting.
• Prepare routine portfolio or other reports for the designated officer.
• Assist with various account monitoring activities including following up on financial reporting, exception items, and past due loan collection with borrowers.
• Coordinate and circulate linesheet exception to AO, team manager and/or senior management for approval.
• Coordinate past due insurance tracking and follow-up with insurance agent for renewal. Upon receipt of the updated insurance, circulate to CLPM and LSD for record.
• Follow-up on fire insurance
• Image documents to Vision Content; confirm the Imaging Department has uploaded legal documents correctly. QUALIFICATIONS
  • Education: College degree in accounting or business preferred but not mandatory.
  • Experience: 1-2 years' experience in loan administration preferably in commercial lending. Some underwriting experience.
  • Skills/Ability: PC proficient and detail oriented. Strong verbal and written communication skills. Bilingual (English/ Mandarin or Cantonese) is a plus.
    
    OTHER DETAILS
    
    $21.63 - $26.45 / hour
    
    Pay determined based on job-related knowledge, skills, experience, and location.
    
    Cathay Bankoffers its full-time employees a competitive benefits package which is asignificant part of their total compensation. It is our goal to provideemployees with a comprehensive benefits package to fit their needs whichincludes, 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, voluntarycoverages, and 401(k).
    
    Cathay Bank may collect personal informationfrom potential job candidates and applicants. For more information on how wehandle personal information and your applicable rights, please review our Privacy Policy.
    
    Cathay Bank is an Equal Opportunity and Affirmative ActionEmployer. We believe in diversity, equity, and inclusion in the workplace. Wewelcome applications for employment from all qualified candidates, regardlessof race, color, ethnicity, ancestry, citizenship, gender, national origin,religion, age, sex (including pregnancy and related medical conditions,childbirth and breastfeeding), reproductive health decision-making, sexualorientation, gender identity and expression, genetic information orcharacteristics, disability or medical condition, military status or status asa protected veteran, or any other status protected by applicable law.
    
    Click here to view the EEO is the Law poster inEnglish. Poster- English
    Click here to view the EEO is the Law supplement in English.Supplement- English
    
    Clic aqu-- para ver la EEO es la Ley p--ster enespa--ol. Poster- Spanish
    
    Clic aqu-- para ver la EEO es la Ley suplementoen espa--ol.Supplement- Spanish
    
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    Cathay Bank endeavors to make www.CathayBank.com accessibleto any and all users. If you would like to contact us regarding theaccessibility of our website or need assistance completing the applicationprocess, 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 andcannot be used to inquire about the status of applications.
    
    Apply Now

Keywords: Cathay Bank, El Monte , Loan Assistant, Other , El Monte, California