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Cathay Bank · 1 month ago

Loan Support Officer

El Monte, CA, USA

Full-time

Onsite

Entry, Mid Level

$24.04/hr - $31.25/hr

2+ years exp

Cathay Bank is a well-established financial institution that values its team members and promotes a caring culture. The Loan Support Officer is responsible for supporting Loan Officers in processing various loan types, ensuring compliance, and providing quality client service.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Support designated officer in ordering appraisal report, title related activities, environmental report, credit report, UCC search, property profile and all other loan processing related activities, etc

Collect and input data, loan structures, covenants, borrower’s information to nCino including loan related documents for Imaging purposes

May assist in underwriting less complex new and renewed credits, modifications, and amendments

Assist in routine portfolio monitoring activities such as updating financial reporting, exception items, and follow up outstanding items including insurance

Coordinate among departments to ensure a smooth closing process from ordering loan documents to boarding loans

Prepare required disclosure information within designated time frames

Provide quality client service and follow up on any outstanding items

Assist designated officer in daily assigned tasks, including coaching and training loan assistant as needed

Ensure compliance with bank regulatory and credit requirements with emphasis on quality client service while adhering to given deadlines and policies

Qualification

Commercial lending experienceFinancial analysis skillsNCino experienceEscrow experienceMicrosoft Office proficiencyOrganizedManage loan issuesBilingual EnglishBilingual Mandarin/CantoneseCommunication skillsDetail orientedWork in fast-paced environment

Required

Minimum of two years of experience in commercial lending

Knowledge of general bank credit underwriting policies

Windows, Word, Excel, and Outlook proficiency

Good verbal and written communication 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

Strong financial analysis and accounting skills

Preferred

College graduate in accounting, finance, or business preferred but not mandatory

Escrow experience strongly preferred

nCino experience is a plus

Bilingual (English and Mandarin/Cantonese) 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)