Cathay Bank
Join to apply for the
Loan Administration Officer
role at
Cathay Bank .
Overview We are seeking a detail-oriented Loan Administration Officer to prepare and review commercial loan documents, coordinate loan closings, and maintain the LaserPro database. The role requires strong knowledge of loan documentation, legal compliance, and effective communication with internal and external stakeholders.
Responsibilities
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.
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.
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.
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.
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.
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 the established time frame.
Perform post‑funding jobs including but not limited to collateral perfection, tax service, UCC filings, tickers, ensure lien position and follow up trailing documents.
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.
Create and update Department Desk Top Procedures.
Train and provide guidance to junior team members and review and sign off on junior team member’s work.
Review/create partial releases and collateral hold releases.
Other duties as assigned by supervisor/manager.
Qualifications
Education: College graduate with major in accounting or business preferred.
Experience: Minimum three or more years of experience at a senior level in commercial loan documentation and funding performing functions independently.
Some supervisory experience is a plus.
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.
Compensation $36.06 - $43.26 / hour. Pay determined based on job‑related knowledge, skills, experience, and location.
Benefits Cathay Bank offers full‑time employees a competitive benefits package which includes medical, dental, vision, life, long‑term disability, flexible spending accounts, HSA with company contributions, 401(k), and other voluntary coverages.
Privacy 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.
EEO 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, reproductive health decision‑making, sexual orientation, gender identity, or any other protected status.
Contact For accommodation requests only, 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.
#J-18808-Ljbffr
Loan Administration Officer
role at
Cathay Bank .
Overview We are seeking a detail-oriented Loan Administration Officer to prepare and review commercial loan documents, coordinate loan closings, and maintain the LaserPro database. The role requires strong knowledge of loan documentation, legal compliance, and effective communication with internal and external stakeholders.
Responsibilities
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.
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.
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.
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.
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.
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 the established time frame.
Perform post‑funding jobs including but not limited to collateral perfection, tax service, UCC filings, tickers, ensure lien position and follow up trailing documents.
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.
Create and update Department Desk Top Procedures.
Train and provide guidance to junior team members and review and sign off on junior team member’s work.
Review/create partial releases and collateral hold releases.
Other duties as assigned by supervisor/manager.
Qualifications
Education: College graduate with major in accounting or business preferred.
Experience: Minimum three or more years of experience at a senior level in commercial loan documentation and funding performing functions independently.
Some supervisory experience is a plus.
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.
Compensation $36.06 - $43.26 / hour. Pay determined based on job‑related knowledge, skills, experience, and location.
Benefits Cathay Bank offers full‑time employees a competitive benefits package which includes medical, dental, vision, life, long‑term disability, flexible spending accounts, HSA with company contributions, 401(k), and other voluntary coverages.
Privacy 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.
EEO 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, reproductive health decision‑making, sexual orientation, gender identity, or any other protected status.
Contact For accommodation requests only, 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.
#J-18808-Ljbffr