Loan Assistant

Cathay Bank • Chicago, IL, United States • $200k - $250k / year • 1w ago

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.

Following established company policies and procedures, assists Loan Officers in the following essential functions.

ESSENTIAL FUNCTIONS

Follow up on reporting financial covenants and documents.
Coordinate past due insurance tracking and follow-up with insurance agent for renewal. Upon receipt, review, and update in loan system.
Organize credit and legal files, scan, and upload to Imaging System.
Prepare payoff demand letter, and reconveyance for recording.
Assist with loan closing and booking.
Assist with various account monitoring activities and handle customer inquiries.

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

$20.00 – $21.63 / hour
Pay determined based on job-related knowledge, skills, experience, and location.

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 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.

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