Regional Mortgage Center Underwriting Officer (NE)
More than half a century ago, we opened our doors at Cathay Bank to serve the growing Chinese American community in Los Angeles. We helped our customers put down new roots with cars and homes, and we supported their businesses, which continue to sustain generations. We remain committed to enriching the journeys of our customers and the diverse communities we serve.
Over time, we’ve expanded along with our customers. Today, we’re a subsidiary of Cathay General Bancorp (NASDAQ: CATY), a publicly held bank holding company. We operate in nine states across the United States, including California, New York, Illinois, Washington, Texas, Maryland, Massachusetts, Nevada, and New Jersey, and we have outposts in Hong Kong, Beijing, Shanghai and Taipei. Forbes named us the #10 Best Bank in America in 2019.
Along with our extensive experience and innovative thinking, we bring an open mind to every interaction and a willingness to work with customers and communities in ways that best suit their needs. Our lines of business include personal banking, home mortgages, business banking, corporate
lending, cash management, SBA loan programs, community lending, international banking, foreign exchange, and wealth management.
Are you passionate about a potential career in the financial services industry? Cathay Bank is excited about what’s to come for our company and customers. Our employees are the reason our customers can get where they want to go and aspire to what’s next.
If you bring your best self to work, see opportunities instead of obstacles, and always want to advance in your career, then Cathay Bank may be a great fit for you. We’re excited to offer our employees opportunities to grow and develop in their career journey. We also provide the resources, support and freedom so that employees can best deliver an extraordinary customer experience.
Join Cathay Bank—and be energized by what’s possible for your career!
Following established policies and department procedures, responsible for underwriting mortgage loans and home equity lines of credit.
Underwrites mortgage loans in compliance with bank’s established or investor credit guidelines.
Prepares initial and final loan decisions and signs off on loan conditions within designated timeframes.
Ensures compliance with Bank, regulatory and credit requirements with emphasis on quality customer service while adhering to given deadlines.
Assists mortgage loan originators in understanding loan conditions.
High school diploma or equivalent required. Bachelor’s degree preferred or equivalent experience.
3-5 years mortgage underwriting experience with good knowledge of lending regulations and credit/collateral analysis practices.
Experience of underwriting FNMA/FHLMC products, portfolio programs, and home equity lines of credit required.
Good knowledge of current state laws and residential lending regulations.
Good verbal and written communication skills.
Bilingual (English/Chinese) a plus.
Organized and detail oriented.
Able to develop working knowledge of Bank’s credit underwriting policies and approval process for assigned loans.
Ability to analyze complex credit transactions.
Ability to work effectively in a fast paced, high production environment. Strong financial analysis and accounting skills.
- Cupertino, CA, USA