CRE Loan Support & Closings Specialist

Cathay Bank; El Monte (CA); On-site; USD 36,423 - 52,982; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Job summary

A leading financial institution in El Monte, California, seeks a professional to close commercial real estate and construction loans. The role involves coordinating with various internal and external stakeholders to ensure smooth processing, monitoring loan covenants, and providing quality client service. The ideal candidate will have 2-3 years of experience in lending, possess strong financial analysis skills, and be proficient in relevant software. Competitive hourly pay and benefits are offered.

Qualifications

• Minimum 2-3 years of commercial real estate lending and banking experience.
• Strong understanding of closing construction loans.
• Good knowledge of general bank credit underwriting policies.

Responsibilities

• Coordinate with internal and external units to close commercial real estate and construction loans.
• Verify equity for construction loans.
• Set up construction loan ledgers and balance sources/uses of funds.
• Assist in monitoring loan covenants and insurance.

Skills

Windows proficiency

Word proficiency

Excel proficiency

Outlook proficiency

Bilingual (English and Mandarin/Cantonese)

Strong financial analysis skills

Organized and detail-oriented

Good verbal and written communication skills

Education

College graduate with major in accounting, finance, or business

Job description

A leading financial institution in El Monte, California, seeks a professional to close commercial real estate and construction loans. The role involves coordinating with various internal and external stakeholders to ensure smooth processing, monitoring loan covenants, and providing quality client service. The ideal candidate will have 2-3 years of experience in lending, possess strong financial analysis skills, and be proficient in relevant software. Competitive hourly pay and benefits are offered.