<p>GENERAL SUMMARY</p> <p>Documentation, Closing & Funding Department is responsible for preparing commercial loan documentation in LaserPro or reviewing attorney prepared loan documents, drafting Lender's Instructions, and coordinate loan closing ensuring that all the loan documents are properly executed, and all loan terms/conditions are fulfilled and collateral perfection within allowed timeframe.</p> <p>ESSENTIAL FUNCTIONS</p> <ul> <li>Create LaserPro loan documents for all simple commercial loans (i.e. CRE loans, simple C&I, Working Capital loans, SBA 504,). </li><li>Review attorney prepared loan documents prior to borrower signing to verify inclusion of Cathay Bank standard provisions, covenants, and other wording in accordance with approval. </li><li>Validate the receipt of the loan and borrower supporting documentation and that the request follows conditions appearing in loan approval, Bank's policies, procedures, and Federal, State, and other regulatory requirements. </li><li>Communicate and resolve any supporting documentation issues or questions/clarification on the conditions/wording appearing in loan approval with Lending Unit and/or Cathay legal counsel. </li><li>If applicable, create escrow closing instruction and pre-closing conditions and any other conditions required for Lender/Borrower information. </li><li>Receive signed loan documents and perform closing and funding activities including ensuring all loan documents are properly executed by authorized signer and reviewed/signed by Account Officer. </li><li>Process wire request, remit funds to pay off other lender, obtain Deed of Trust recording confirmation, order tax contracts, UCC filing, set up and maintain tickler and monitoring databases (such as Stucky). </li><li>Respond to internal and external inquiries in a timely and satisfactory manner (i.e. Lending Units, Loan Servicing, and legal counsel). </li><li>Track trailing documents (such as recorded Deed of Trust, UCC Filings, and Title policy, etc.). </li><li>Accept assigned tasks or duties as deemed appropriate by supervisor/manager. </li></ul> <p>QUALIFICATIONS</p> <ul> <li>Education: College graduate with major in accounting or business preferred. </li><li>Experience: 2+ years preparing commercial loan documents and closing/funding commercial loans or experience with commercial lending. Experience generating loan documents using LaserPro is a plus. </li><li>Skills/Ability: PC Proficient. Strong verbal and written communication skills. Organized and detail oriented. </li></ul> <p>OTHER DETAILS</p> <p>$23.08 - $26.92 / hour</p> <p>Pay determined based on job-related knowledge, skills, experience, and location.</p> <p>This position may be eligible for a discretionary bonus.</p>