Cathay Bank

1152 Bus Development Team A.Loan Specialist

Cathay Bank

El Monte, California, USPosted Aug 4, 2026

Job description

Following established policies and department procedures and under limited supervision, responsible for providing loan support for loan officers including the functional duties listed below:

  1. Order and/or update all appraisal reports, title premium or date down, environmental reports, and field audit requests prior to new loan entry to CLX or line renewal/amendment.

  2. Maintain loan application log.

  3. Collect and input data, loan structures, covenants, and borrower’s history to CLX for new loan/renewal/annual review as assigned by the Account Officer before circulating to CAD for underwriting. Prepare Amendment/Extension with analysis and explanation for the AO – as assigned.

  4. Upon receipt of the approved CCR/Amendments, coordinate and collect all necessary, required documents/reports and forward to LDD for document preparation; review the completed loan documents prior to customer signatures.

  5. Prepare demand letters for payoff as needed.

  6. Forward all signed loan documents and/or demand responses to CLPM for loan closing.

  7. Prepare routine portfolio and other reports for the designated officer.

  8. Assist with various account monitoring activities including follow-up on financial reporting, exception items, and past due loan collection from borrowers.

  9. Assist with customer inquiries.

QUALIFICATIONS

College graduate with major in accounting or business preferred. 4+ years commercial lending and banking experience with thorough knowledge of lending regulations. PC Proficient. Strong verbal and written communication skills. Organized and detail oriented.