Loan Support Officer

Join Our Team At Cathay Bank

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. Apply today!

General Summary

Following established policies and department procedures, responsible for closing commercial real estate and construction loans including new loans, renewals, modifications, and amendments. Support Lending Officers in processing deals, customer service, and loan/covenant monitoring.

Essential Functions

• Support lending team's loan processing, administration and closing process.
• Coordinate with internal and external units (DCF, loan servicing, borrower) to close commercial real estate and construction loans.
• Prepare and input nCino deal information for loans.
• Follow up on reporting financial/loan covenants and documents.
• Verify construction loan requisition packages and other construction related loan monitoring reports.
• Provide quality customer service and follow up on outstanding items.
• Prepare required disclosure information within designated time frames.
• Ensure compliance with Bank, regulatory and credit requirements with emphasis on quality customer service while adhering to given deadlines.
• Review/underwrite less complex new and renewed credits, modifications, and amendments.

Qualifications

• Education: College graduate with a major in accounting, finance, or business preferred.
• Experience: Experience in real estate or commercial lending and banking experience, loan funding/closing, and credit/underwriting practices, preferred.
• Skills/Ability: Proficient with Microsoft Office applications. Good verbal and written communication skills. Strong financial analysis and accounting 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.

Other Details

$33.17 – $35.10 / hour Pay determined based on job-related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus.

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

Cathay Bank is an Equal Opportunity and Affirmative Action Employer. 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), reproductive health decision-making, 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.