18 Loan Assistant Jobs in Boston, MA
Cathay Bank - Headquarters is Hiring a Loan Assistant Near Boston, MA
GENERAL SUMMARY
Under some supervision and following established policies and department procedures, provide loan support to assigned Loan Officer(s), as well as the essential functions described below.
ESSENTIAL FUNCTIONS
- Provide excellent customer service to the Bank's loan and deposit clients.
- Work with external and internal customers to solve client issues.
- Track and follow up on obtaining current financial information from borrowers.
- Work closely with Loan Servicing, closing attorneys, and borrowers in coordinating loan closings and bookings.
- Assist the Manager in the annual Loan Review Audit process.
- Assist with analyzing annual credit review of borrowers.
- Maintain compliant credit and legal on-line files and adherence to credit policy and current regulations.
QUALIFICATIONS
- Education: College degree in accounting or business preferred but not mandatory.
- Experience: 1-2 years' experience in loan administration preferably in commercial lending.
- Skills/Ability: PC proficient and detail oriented. Strong verbal and written communication skills. Bilingual (English/ Mandarin or Cantonese) is a plus.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).
Cathay Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our .
Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We believe in diversity, equity, and inclusion in the workplace. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.
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Cathay Bank endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at (626) 582-7370 or . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Cathay Bank endeavors to make www.CathayBank.com accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Lori Burquez, VP, Sr. Employee Relations Manager, at (626) 279-3666 or lori.burquez@cathaybank.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.
Job Summary
Full Time
$55k-67k (estimate)
05/08/2023
07/02/2024
The job skills required for Loan Assistant include Customer Service, Written Communication, Decision Making, Futures, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Assistant. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Assistant positions, which can be used as a reference in future career path planning. As a Loan Assistant, it can be promoted into senior positions as a Top Branch Administration Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Assistant. You can explore the career advancement for a Loan Assistant below and select your interested title to get hiring information.
If you are interested in becoming a Loan Assistant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Assistant for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Assistant job description and responsibilities
Setting up commercial loan files, responsible for maintaining department files in an accurate and efficient manner.
03/29/2022: Binghamton, NY
Order required due diligence items (i.e. Appraisals, Environmental Reports, Property Inspections, Flood Searches and UCC searches)
02/16/2022: Cincinnati, OH
Prepare and review internal documentation for loan closings as needed.
05/09/2022: Biloxi, MS
Works with third-party professionals (attorneys, appraisers, inspectors, etc.) in order to close loans in conformity with approved terms and conditions.
02/12/2022: Olympia, WA
Reviews all loan documents prior to closing to ensure that they will cover the intended collateral and documentation of the borrower’s and guarantor’s obligations to the bank.
04/23/2022: Norwich, CT
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Assistant jobs
Remain current on all pertinent consumer/agricultural lending and other financial institution-related laws and regulations.
03/08/2022: Kansas City, KS
Cover phone calls and customer meetings as necessary and keep manager informed of all activities within department.
04/02/2022: Mcallen, TX
Actively participate in training programs to maintain and acquire additional job knowledge and skills.
03/05/2022: Wichita Falls, TX
Update collateral values, as needed, on commercial and residential real estate loans.
03/16/2022: Lebanon, PA
Balance and maintain residential and commercial real estate construction loan file.
03/12/2022: Evansville, IN
Step 3: View the best colleges and universities for Loan Assistant.
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