Senior Loan Assistant — Commercial Lending Support

Cathay Bank in; El Monte (CA); On-site; USD 29,000 - 37,000; Full time

Job summary

Cathay Bank is hiring for Loan Assistant / Sr. Loan Assistant (Finance) to support the Corporate Lending Department in El Monte, CA. The role involves preparing underwriting packages, uploading documents, and coordinating with Loan Officers on closings and funding.

Ideal candidates have 1–2 years of customer service/administrative experience (Sr. 2+ years in commercial lending). Bilingual English/Mandarin or Cantonese is a plus.

Qualifications

• Education: College degree in business or finance preferred or equivalent experience
• 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 deadlines
• PC Proficient and detail oriented; Bilingual English/Mandarin or Cantonese is a plus; ability to interact with customers and management

Responsibilities

• 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
• Underwrite new and renewed loans under $1 million 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

Skills

Bilingual (English/Mandarin or Cantone

PC Proficient

Detail oriented

Verbal and written communication

Education

College degree in business or finance preferred

Job description

Cathay Bank is hiring for Loan Assistant / Sr. Loan Assistant (Finance) to support the Corporate Lending Department in El Monte, CA. The role involves preparing underwriting packages, uploading documents, and coordinating with Loan Officers on closings and funding.

Ideal candidates have 1–2 years of customer service/administrative experience (Sr. 2+ years in commercial lending). Bilingual English/Mandarin or Cantonese is a plus.