Sr. Loan Servicing Specialist

Cathay Bank•Rosemead, CA

15h•$29 - $36

About The Position

Under supervision of the Department Supervisor and following established policies and procedures, perform all post-closing duties relating to the servicing of the Bank’s commercial loan portfolio according to separation of duties established by the Department Head including but not limited to the following functional duties:

Requirements

Education: High school diploma or equivalent; some college courses a plus.
Experience: Minimum of 4 years of commercial loan servicing experience.
Skills/Ability: PC literate, proficiency with MS Office, knowledge of IBS loan system a plus, ability to work in a fast-paced environment while maintaining a high level of accuracy, strong problem-solving and organizational skills, bilingual (English, Mandarin or Cantonese) is a plus.

Nice To Haves

bilingual (English, Mandarin or Cantonese)

Responsibilities

Monitor the department’s shared email in-boxes and platforms to ensure completion of delegated items.
Perform special processing to include SBA 1502, and SAD processing.
Prepare GL Certifications.
Serve as secondary reviewer and/or back-up of the following:
Pay Off Statements
FTI Balancing and Releases
Daily Index Rate Sheet
Established Control Reports
Prepayment Penalty Report
85 Day Past Due Report
Non-Accrual Exception Report
Review and update Procedures and Job Aids to Assist management in ensuring loan servicing procedures adhere to bank policy and regulations.
Responsible for research, review, and resolution of any Loan Servicing issues.
Assist in short-term and long-term projects.
Assist the CLS Supervisor in providing direction and guidance to staff in their assigned duties.
Assist the CLS Supervisor with training and development of the team.
Assist the CLS Supervisor and the Boarding team with complex research, review, and resolution of any Loan issues.
Review vendor invoices.
Provide general support, assistance, and backup for all servicing functions to include the following:
Rate Rollovers and Repricing
Establish new Rate Contract Sub-Notes
Payments
Payoffs
Loan Advances
Pay Off Statement Preparation
System maintenance
Release of Collateral Review
Post Closing/Boarding document and Collateral Review.

Benefits

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).

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume