Qureos Mentor

Cathay General Bancorp

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: 
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Learn more about us at cathaybank.com
 
GENERAL SUMMARY
 Responsible for the preparation/review (attorney prepared) loan documents for commercial loans. Obtain and review all necessary loan information to prepare/review adequate loan documents and take appropriate action on any issues. Acts as a liaison with internal and external sources, coordinate meetings with related parties as needed, working with title companies as well as internal and external legal sources. Coordinates loan closing, ensuring that all loan documents are properly executed, all terms and conditions are fulfilled, and collateral position is perfected within the allowed time frame.
 ESSENTIAL FUNCTIONS
 <ul>
<li>Review all necessary loan information to prepare appropriate loan documents, including loan approvals, appraisals, borrowing authority documentation, title information, demand, and any additional information as needed to perfect the bank’s position and reflect the terms of the loan approvals. Take appropriate action on any issues that arise to meet the requested document due date.</li>
<li>Prepare or review attorney prepared/LaserPro complex loan documents (i.e., Asset Based, complex Construction, complex International Trade Finance, SBA, Syndication, Participation, etc.) based upon loan approvals, adhere to bank policies and procedures.</li>
<li>Participate in loan document discussion with bank legal/outside counsel and relationship manager. Ensure loan documents are accurate, complete, are in compliance with all federal and state laws and regulations.</li>
<li>Work with the Legal Department or outside counsel when appropriate to coordinate the preparation of loan documents or to obtain specific legal language as needed. Determine whether standard documents can be used, or if assistance from the Legal Department is required in the document preparation.</li>
<li>Communicate, if applicable, with the loan officer to ensure that all title issues are satisfied: comprehensive recording instructions to the title company are prepared and delivered.</li>
<li>Work on loan closing/funding, ensuring that all loan documents are properly executed and approved by the loan officers as appropriate; terms and conditions are fulfilled; loan is closed and funded accurately and within established time frame.</li>
<li>Perform post funding jobs including but not limited to collateral perfection, tax service, UCC filings, tickers, ensure lien position and follow up trailing documents.</li>
<li>Database administrator for LaserPro. Will be responsible for updating and maintaining LaserPro library setting, testing LaserPro disaster recovery application prior to implementing additions or changes to production.</li>
<li>Create and update Department Desk Top Procedures.</li>
<li>Train and provide guidance to junior team members and review and sign off on junior team member’s work.</li>
<li>Review/create partial releases and collateral hold releases.</li>
<li>Other duties as assigned by supervisor/manager.</li>
</ul>
QUALIFICATIONS
 <ul>
<li>Education: College graduate with major in accounting or business preferred.</li>
<li>Experience: Minimum three or more years of experience at a senior level in commercial loan documentation and funding performing functions independently.</li>
<li>Some supervisory experience is a plus.</li>
<li>Skills/Ability: Detail-oriented and accurate; ability to make sound recommendations to improve workflow; excellent communication skills; LaserPro and PC proficient; some IBS proficiency; knowledge on reviewing attorney prepared loan document; thorough knowledge and understanding of commercial loans and international lines of credit.</li>
</ul>
OTHER DETAILS
 
$36.06 - $43.26 / hour
 Pay 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 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:
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Cathay Bank endeavors to make www.CathayBank.comaccessible 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 (626) 582-7370 or mickey.hsu@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

Loan Administration Officer

Join Cathay General Bancorp and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Cathay General Bancorp

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Loan Administration Officer