Cathay Bank · 11 hours ago
Sr. Commercial Syndication Servicing Specialist
Rosemead, CA, USA
Full-time
Onsite
Mid, Senior Level
$27.88/hr - $37.50/hr
2+ years expCathay Bank is a financial institution that values its employees and fosters a supportive work culture. They are seeking a Senior Commercial Loan Servicing Syndication Specialist responsible for administering and servicing syndicated and participated loan activities, ensuring proper handling of advances, payments, and overall loan maintenance.
BankingFinanceFinancial Services
Responsibilities
Receive and review borrower’s request or Lead Bank’s request to advance funds against line of credit ensuring proper availability and process advances on the loan system
Receive funds via wire and notices from Lead Banks to post payments on the loans and clear wire suspense timely
Receive notices requesting loan advances and verify that all provisions have been met and process the advance on the loan system and disburse the funds to the Lead Bank in accordance with the agreement
Calculate the amounts/shares applicable to each participating bank regarding advances and payments
Prepare notices requesting advance of funds from participating banks and post accordingly upon receipt of funds
Post payments upon receipt from the borrower and or Lead Bank and monitor receipt of wires
Prepare notices of receipt of payments to participating banks and wire funds accordingly
Monitor interest index, repricing and provide rate change notices to participating banks or process rate changes upon receipt of notice from Lead Bank
Prepare wire instructions and submit funds to participating banks or upon request from Lead Bank to disburse funds
Prepare fees notices with proper fee computations
Process note sales with premium/discount as requested by the lending team in accordance with the accounting department’s note sale accounting entries
Review and process new, renewal, and modification loan boardings
Monitor delinquencies and work with Lead Banks to settle delinquencies due to syndication administrative issues
Reconstruct disputed loan accounting with Lead Bank
Reconcile the wire account in suspense for timely posting of funds received
Monitor a centralized email box and delegate work
Support other projects assigned by the manager or supervisor
Qualification
Required
Bachelor's degree or equivalent experience required
At least two years of experience in commercial loan servicing, preferably within syndication servicing, and experience in commercial loan boarding
Knowledge of Syndication industry practice and processes
Knowledge of loan documents and outside counsel prepared documents
Knowledge of letters of credit, borrowing based lending, multi-phased construction and multiple collateral properties
Knowledge of commercial finance, documentation, accounting and data systems
Ability to provide excellent client service
Ability to multi-task, adapt quickly to changes and work effectively in a fast-paced environment
Ability to work effectively with individuals and groups across the company to manage internal and external client relationships
Must be a self-starter and possess positive attitude with good organizational skills
Well versed in Microsoft applications and Excel with the ability to create moderate to complex Excel files
Good written and verbal communication skills
Good analytical and problem-solving skills
Must be able to work effectively with frequent interruptions and changing priorities
Preferred
Experience using FIS is preferred
Bilingual (Mandarin or Cantonese) is a plus
Benefits
Medical insurance
Dental insurance
Vision insurance
Life insurance
Long-term disability insurance
Flexible spending accounts (FSAs)
Health saving account (HSA) with company contributions
Voluntary coverages
401(k)
Company
Cathay Bank
Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.
1001-5000 employees
H1B Sponsorship
Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Chang Liu
President & Chief Operating Officer
Bob Romero
SVP/CIO
Recent News
Morningstar.com
2025-11-10
The Real Deal
2025-10-26
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