Cathay Bank · 11 hours ago
Sr Loan Administrator
Rosemead, CA
Full-time
Onsite
Mid, Senior Level
$36.05/hr - $38.46/hr
3+ years expCathay Bank is a well-established financial institution that values its team members and fosters growth and development. The Sr Loan Administrator is responsible for preparing and reviewing loan documents for commercial loans, ensuring compliance with regulations, and coordinating loan closings effectively.
BankingFinanceFinancial Services
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 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
Other duties as assigned by supervisor/manager
Qualification
Required
College graduate with major in accounting or business preferred but not required
Minimum three or more years in commercial lending or banking experience with working knowledge of lending regulations
Knowledge of commercial lending documents and loan closing process preferred
Generate loan documents using LaserPro
PC proficient
Strong verbal and written communication skills
Ability to work independently with minimal supervision
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
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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