Loan Assistant / Sr. Loan Assistant
Cathay Bank - Headquarters - Queens, NY
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Loan Assistant / Sr. Loan Assistant Flushing, Queens, NY, USA Req #2557 Tuesday, March 4, 2025 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 Video Clip 2 Video Clip 3 Learn more about us at cathaybank.com GENERAL SUMMARY Following established company policies and procedures, assists Loan Officers in the following essential functions. ESSENTIAL FUNCTIONS Keep track of the loan prepaid expense accounts. Follow up on reporting financial covenants and documents. Review and update insurance information for loans; scan and upload to Imaging System. Call Back daily loan payments and loan booking information against IBS system. Prepare CLX deal information for loans. Prepare commitment letter. Assist with loan closing and booking of all loans including new loans, renewal, and extensions. Scan and upload credit and legal files in Imaging System. Order flood determination, credit reports, appraisal reports and Phase I Environmental Reports. Prepare payoff demand letter. Prepare underwriting reports for new loans, renewals, amendments and waivers. QUALIFICATIONS Education: College degree in accounting or finance preferred, but not required Experience: Experience in a lending or banking preferred, but not required Skills/Ability: Proficient with Microsoft applications; Proficient in verbal and written communication skills in English; Bilingual in English and Chinese a plus. OTHER DETAILS Loan Assistant: $20.67 - $22.60 / hourSr. Loan Assistant: $22.60 - $24.75 / hourPay 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 Privacy Policy. Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We believe in diversity, equity, and inclusion in the workplace. 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 Poster- Spanish Poster- Chinese Traditional Poster- Chinese Simplified Cathay Bank endeavors to make 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 or . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications. Apply Now Share this job:
Created: 2025-03-09