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Sr. Loan Specialist

Rosemead, CA, USA Req #495
Friday, August 2, 2019
About Cathay Bank

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.

What’s Next

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!


Documentation, Closing, and Funding Department is responsible for preparing the Promissory Note, Business Loan Agreement, and other loan documentation in LaserPro or reviewing attorney drawn loan documents, drafting Lender’s Instructions, and performing necessary pre-closing validation for closing and funding.


Review and document all complex Commercial Loan (i.e. CRE loan, C&I with sub-limits, Working Capital loan, SBA 504, SBA 7(a)).

Review attorney prepared loan documents prior to borrower signing to verify inclusion of Cathay standard provision, covenant, and other wording in accordance with Credit Approval.

Validate the receipt of the loan and borrower supporting documentation and that the request is in compliance with loan committee approval conditions, Bank’s policies, procedures and Federal, State and other regulatory requirements.

Communicate and resolve any supporting documentation issues or questions/clarification on the CCR conditions/wording with Lending Unit and/or Cathay legal counsel.

Create LaserPro documentation based upon loan CCR conditions and in compliance with loan committee approval conditions and Bank’s policies, procedures and Federal, State, and other regulatory requirements.

If applicable, create escrow closing instruction and pre-closing conditions and any other conditions required Lender/Borrower information.

Receive signed loan documents and perform closing and funding activities including wire request, account funding, remit funds to pay off other lender, Deed of Trust recording, order tax contracts, UCC filing, set up and maintain tickler and monitoring databases (such as CASH OnTrack, Stucky and Trade Innovation etc.).

Respond to internal and external inquiries in a timely and satisfactory manner (i.e. Lending Units, Loan Servicing and legal counsel).

Login Trailing documents (such as Deed of Trust and Title policy ,etc.).

Asst in training processors.


College degree with major in accounting preferred but not required.

4+ years of commercial lending and banking experience, with thorough knowledge of lending regulations.

PC Proficient.

Strong verbal and written communication skills.

Organized and detail-oriented.

Ability to work independently without much supervision.

Cathay Bank is an equal opportunity employer. It is the Bank’s policy to provide equal employment opportunities to all qualified applicants. Qualified applicants will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin or any other classification protected by applicable federal, state or local non-discrimination law. 

Click here to view the EEO is the Law poster in English. Poster- English
Click here to view the EEO is the Law supplement in English.Supplement- English

Clic aquí para ver la EEO es la Ley póster en español. Poster- Spanish
Clic aquí para ver la EEO es la Ley suplemento en español.Supplement- Spanish

点击这里查看EEO是法律海报的中文Poster- Chinese
点击这里查看EEO是法律和补充條例的中文"Supplement- Chinese

  • Rosemead, CA, USA