Find Jobs
Find Jobs Near You – Available Work in Your Location
Skip to job details
CB
Cathay Bank
Loan Assistant / Sr. Loan Assistant
Career Insights for Loan Administrator / Manager
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on California data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
A Loan Administrator or Manager services a loan once it has been agreed. Sends monthly bills to the loan recipient. May also maintain payment records and monitor compliance with the loan agreement.
$79,768 / year median in California
-16% projected decline
Job Description
Loan Assistant / Sr. Loan Assistant Cathay Bank - 3.1 El Monte, CA Job Details Full-time $20.82 - $26.92 an hour 4 days ago Benefits Health savings account Disability insurance Health insurance Dental insurance 401(k) Flexible spending account Vision insurance Life insurance Qualifications Commercial banking expertise Customer communication Customer service Administrative experience Computer skills Full Job Description 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. Apply today! What our team members are saying: Video Clip 1 (https://youtu.be/Ia9UThSM1v4) Video Clip 2 (https://youtu.be/WNuhufMVZUY) Video Clip 3 (https://youtu.be/75eyfAN7ADs)
CathayBank.com (http://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 (mailto: ). This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
GENERAL SUMMARY
Under limited supervision and following established policies and department procedures, provide administrative support for the Corporate Lending Department, including the essential functions listed below.ESSENTIAL FUNCTIONS
Order reports including appraisal, environmental, credit search and other related reports as required. Prepare new and renewed underwriting packages. Create and set up deals in Loan Origination System while scanning and uploading necessary information. Support Loan Officers in loan closing and funding including coordinating with the signing of loan documents and collection of other pre-closing items with customers and loan support officers for loan closing. Underwrite new and renewed loans under $1 million dollars when needed. Assist Loan Officers with credit modifications and amendments. Assist Loan Officers in customer service and follow up on outstanding items. Assist Loan Officers with various account monitoring activities. Prepare and distribute routine reports. Maintain loan files and follow up reporting and financing covenants. Assist with coordinating and training tasks for less experienced Loan Assistants.QUALIFICATIONS
Education:
College degree in business or finance preferred or equivalent experienceExperience:
Sr. Loan Assistant requires a minimum of 2+ years in commercial lending or similar financial services environment. Loan Assistant requires a minimum of 1-2 years of customer service, administrative and experience meeting deadlinesSkills/Ability:
PC Proficient and detail oriented. Strong verbal and written communication skills. Bilingual (English/ Mandarin or Cantonese) is a plus. Ability to effectively interact with customers and all levels of managementOTHER DETAILS
Loan Assistant:
$20.82 - $23.56 / hour Sr.Loan Assistant:
$24.04 - $26.92 / 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 may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our California Job Applicant Privacy Policy (https://www.cathaybank.com/CA-job-applicant-privacy-notice). 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. Click here to view the "Know Your Rights:
Workplace Discrimination is Illegal"Poster:
Poster- English (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) Poster- Spanish (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRightsSp6.12.pdf) Poster- Chinese Traditional (https://www.eeoc.gov/sites/default/files/2023-09/22-088_EEOC_KnowYourRights6.27%20-%20Chinese%20Traditional.pdf) Poster- Chinese Simplified (https://www.eeoc.gov/sites/default/files/2023-09/22-088_EEOC_KnowYourRights%20-%20Simplified%20Chinese.pdf) Cathay Bank endeavors to make www.CathayBank.com (http://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 (mailto: ). This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.