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Cathay Bank · 14 hours ago

Loan Servicing Officer

Rosemead, CA

Full-time

Onsite

Mid Level

$36.06/hr - $40.63/hr

3+ years exp

Cathay Bank is dedicated to fostering a caring culture that supports employee aspirations and success. The Loan Servicing Officer will act as a resource for syndicated loans, review new loan products, and handle complex customer inquiries while ensuring accurate processing of loan transactions.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Researches and resolves most complex internal/external customer questions/discrepancies in loan accounting

Coordinates syndicated and participated activity, including booking new loans and daily transactions with borrowers, internal partners, and other banks, as assigned

Books new loans, modifications, renewals, and extensions

Performs callback and reviews new loans, renewals, extensions, and modifications processed by staff, and inputs index values into IBS

Provides support for loan coding and other questions for bank and regulatory reporting

Reviews Line Sheet and approves Trade Innovations transactions and wire requests pertaining to those requests

Balances and approves daily IBS transaction balance sheets for staff

Monitors Pass-thru accounts to ensure timely clearance

Monitors designated exception items on tickler/tracking report to ensure timely processing

Provides product expertise to all levels of bank personnel

Researches and resolves rate and payment adjustments issues

Communicates clearly and effectively with all levels of positions

Other duties and projects, as assigned

Qualification

Commercial loan servicingLoan administrationProblem-solving skillsAnalytical skillsCommercial financeBilingual MandarinBilingual CantonesePC literateMS Office proficiencyOrganizational skillsWritten communication skillsVerbal communication skills

Required

3-5 years of experience in commercial loan servicing or relevant commercial and real estate administration industry

Requires a bachelor's degree or equivalent experience

Must be able to manage workflow effectively with frequent interruptions and changing priorities

Ability to work in a fast-paced environment while maintaining a high level of accuracy

Strong problem-solving and organizational skills

Strong written and verbal communication skills

Strong analytical and problem-solving skills

Strong loan administration experience with knowledge of letters of credit, borrowing based lending, multi-phased construction, and multiple collateral properties

Thorough knowledge of commercial finance, documentation, accounting, and data systems

Ability to work effectively with individuals and groups across the company to manage internal and external customer relationships

PC literate, proficiency with MS Office

Preferred

Bilingual (Mandarin or Cantonese) is a plus

Benefits

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

401(k)

Company

Cathay Bank

Glassdoor3.1

Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.

Founded in 1962

El Monte, California, USA

1001-5000 employees

https://www.cathaybank.com/

H1B Sponsorship

Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2020 (1)