Loan Processing & Support Specialist

Cathay Bank; Los Angeles (CA); On-site; USD 34,000 - 54,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

FSAs

HSA with company contributions

401(k)

Job summary

Cathay Bank in Los Angeles, CA is seeking a Loan Support professional to assist the lending team with client service and loan processing. You will coordinate with multiple units to close commercial loans and ensure timely disclosures while maintaining compliance.

The role requires 2–3 years of corporate commercial lending experience, strong financial analysis and communication skills, and the ability to work in a fast-paced environment.

Qualifications

• Education: College graduate with a major in accounting, finance, or business preferred.
• Experience: 2–3 years of corporate commercial lending and banking experience with knowledge of lending regulations, loan funding/closing, and credit/underwriting practices.
• Skills/Ability: PC, good verbal and written communication skills, organized and detail oriented, knowledge of credit underwriting policies and approval process, ability to manage funding/closing and complex loan issues, ability to work in a fast-paced environment, strong financial analysis and accounting skills.

Responsibilities

• Support the lending team’s client service and loan processing.
• Coordinate with internal and external units (e.g., loan documentation department, loan servicing department, title, escrow, borrower, broker) to close commercial loans.
• Provide quality client 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 client service while adhering to deadlines.
• Assist with mentoring and training loan assistants.
• Assist in monitoring loan covenants and insurance.
• Upload loan-related documents to imaging system.
• Prepare periodic reports.

Skills

Communication

Detail oriented

Financial analysis

Loan funding/closing

Regulatory knowledge

Education

Bachelor's degree in accounting/finance/business

Tools

Imaging system

Job description

Cathay Bank in Los Angeles, CA is seeking a Loan Support professional to assist the lending team with client service and loan processing. You will coordinate with multiple units to close commercial loans and ensure timely disclosures while maintaining compliance.

The role requires 2–3 years of corporate commercial lending experience, strong financial analysis and communication skills, and the ability to work in a fast-paced environment.