Loan Assistant Information

Job Details

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Cathay General Bancorp

In 1962, Cathay Bank opened for business with the mission of providing financial services to the growing but underserved Chinese-American community in the greater Los Angeles area, thus becoming the first Chinese-American bank in Southern California. Recognizing that the community it served was part of a more diverse one, Cathay Bank adopted the motto "An Open Door for All." Its rapid expansion was fueled by successive waves of immigration, burgeoning trade between America and Asia, and the e... Read More

Address	Cathay Bank Loan Servicing Department EL-3-A 9650 Flair Drive, El Monte, CA 91731
Website	/www.cathaybank.com/
Holding	No Holding Details

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Loan Assistant

Job Duties:

Review and compare Credit Approval Memo to signed commercial loan documents to validate accuracy.
Review UCC search and preliminary title reports.
Coordinate the loan closing and document recording with Escrow and/or Title Company.
Ensure all pre-closing conditions are met before funding the loan.
Process UCC filings through CT Lien.
Account for funds received from borrower for closing costs.
Fund loans and issue wire and/or disbursement checks.
Review booking worksheets and coordinate with the Loan Servicing Department on loan booking.
Input loan ticklers, covenants, and conditions into designated programs.
Monitor and follow up for post-closing exceptions and recorded documents.
Process International Trade Finance new loan bookings and credit renewals.
Provide back-up to Supervisor when needed.
Provide notary service as needed.

Basic Requirements:

College degree preferred but not required.
4 years of banking experience in a similar capacity.
Familiar with commercial lending documents and loan closing process.
Good knowledge of basic accounting/general ledger.
Proficient with MS Word and Excel.
Bilingual (English & Mandarin/Cantonese) a plus.

Other Job Information

Vacancy type:	Full Time	Contact Mode:	not provided
Fax:	not provided	Contact Name:	not provided
Job Duration:	not provided	Phone:	(1-800-922-8429)
Email:	not provided