Apply on Employer Site

Cathay Bank · 4 hours ago

Underwriting Officer, Mortgage Loan

El Monte, CA

Full-time

Onsite

Senior Level

$35.58/hr - $39.42/hr

5+ years exp

Cathay Bank is dedicated to fostering a caring culture that supports the professional aspirations and success of its team members. The Underwriting Officer, Mortgage Loan is responsible for underwriting mortgage loans and home equity lines of credit in compliance with established guidelines and regulations, ensuring quality client service and timely decision-making.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Underwrite mortgage loans and home equity lines of credit in compliance with Bank’s established or investor credit guidelines

Conduct initial and final underwriting reviews and render decisions within the regulatory required timeframes

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

Assist mortgage loan originators in understanding loan conditions

Respond to audits and post-closing issues in a timely manner

Qualification

Mortgage underwritingLending regulations knowledgeCredit analysisLoan Origination SystemBilingualAnalytical skillsCommunication skillsDetail orientedProblem-solving skillsTime managementOrganizational skills

Required

Minimum five years of mortgage lending and banking experience with good knowledge of lending regulations and credit/collateral analysis practices

Loan Origination System proficient

Good verbal and written communication skills

Organized and detail oriented

Able to develop working knowledge of Bank's credit underwriting policies and approval process for assigned loans

Ability to analyze complex credit transactions, asset documents, and personal & business tax returns

Must possess strong problem-solving skills and be able to prioritize workload and manage pipeline efficiently

Ability to work effectively in a fast-paced, high production environment

Strong analytical skills

High level of latitude and ability to develop viable solutions within scope of applicable laws and regulations

Preferred

College graduate with major in accounting or business preferred or related experience

Experience with Empower a plus

Bilingual 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)