Loan Specialist Jobs in El Monte, CA at Cathay Bank
Title: Loan Specialist
Company: Cathay Bank
Location: El Monte, CA
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.
We offer a competitive benefits package and comprehensive training programs so you can focus on your long-term professional career and your next steps at Cathay Bank. Apply today!
What our team members are saying:
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Learn more about us at cathaybank.com
Following established policies and department procedures, responsible for processing loan applications for new and existing loans, reviewing loan documentation received and confirming verification of information. Set up initial records for new loans, prepare memo to file, modifications, and amendments and other miscellaneous tasks related to commercial real estate and commercial industrial loans. Support Loan Officers in processing deals, providing customer service, and monitoring loan/covenants.
1. Coordinate with banker to ensure that loan application packages are completed.
2. Assist in obtaining Appraisal Bids, and ordering appraisals.
3. Support lending team’s customer service and loan processing.
4. Upload loan-related documents to imaging system.
5. Prepare OnTrack reports to track outstanding covenants.
6. Provide quality customer service and follow up on outstanding items.
7. Ensure compliance with bank, regulatory and credit requirements with emphasis on quality customer service while adhering to given deadlines.
Education: College degree in accounting, finance, or business preferred but not mandatory.
Experience: 1-2 years’ experience in loan administration preferably in commercial lending. Some knowledge and experience in Accounting and Bookkeeping related field, experience in Banking related field is a plus.
Skills/Ability: PC proficient and detail oriented. Strong verbal and written communication skills. Bilingual (English/ Mandarin or Cantonese) is a plus.
Cathay Bank is an equal opportunity employer. We believe in diversity, equity, and inclusion in the workplace. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at
(626) 582-7370 or [email protected]
This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Click here to view the EEO is the Law poster in English. Poster-English
Click here to view the EEO is the Law supplement in English.Supplement-English
Clic aquí para ver la EEO es la Ley póster en español. Poster-Spanish
Clic aquí para ver la EEO es la Ley suplemento en español.Supplement-Spanish