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Cathay Bank · 10 hours ago

Loan Servicing Quality Control Specialist

Rosemead, CA

Full-time

Onsite

Mid Level

$26.44/hr - $31.25/hr

3+ years exp

Cathay Bank is a financial institution that values its team members as its most valuable asset. The Loan Servicing Quality Control Specialist is responsible for ensuring accurate loan servicing activity, compliance with established procedures, and support for audits and examinations.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Review of new loan bookings, renewals and modifications ensuring loans are entered into the servicing system accurately

Review of loan maintenance ensuring the compliance with the loan terms and supporting documentation

Review of designated monetary transactions for accuracy, proper authorization, validating computations, such as interest adjustments, prepayment calculations, etc

Review of servicing activities, such as demands and collateral releases, for compliance with established bank policies and procedures

Review ARM/variable rate adjustments and payment changes, including other system automated activity ensuring calculations are according to the loan documents

Instructs staff on finding that require correction/review and confirms proper correction

Maintains callback and exception report documentation in an organized and accessible manner as evidence of review and correction

Supports internal/external audits and examinations providing supporting documentation in a timely manner

Completes all special projects as requested

Qualification

Commercial loan servicingIBS loan systemMS Office proficiencyOrganization skillsDetail orientedProblem-solving skillsVerbal communication skillsWritten communication skills

Required

High school diploma or equivalent

3 years of commercial loan servicing experience required

PC literate, proficiency with MS Office

Able to work in a fast pace environment while maintaining a high level of accuracy

Strong organization skills, able to prioritize work

Detail oriented

Strong problem-solving skills

Strong verbal and written communication skills

Preferred

Some college courses a plus

General knowledge/proficiency of IBS loan system 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

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Trends of Total Sponsorships

2020 (1)