El Monte, CA, US
12 days ago
Loan Servicing Specialist I
Welcome page Returning Candidate? Log In Here Loan Servicing Specialist I Location US-CA-El Monte Job ID 2024-11540 Category Other Position Type Full-Time Introduction Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.  Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.  Overview

The Loan Servicing Specialist I is responsible for the set up of CIS Records and its related activities.  The position is also responsible for the processing of standard loan payments, General Ledger Reconciliation and processing of standard maintenance transactions in conjunction with these activities.  

Responsibilities Create CIS records for new borrowers and Beneficial Ownership requirementsReview and ensure accurate Beneficial Ownership Certification have been provided and follow up with internal customers to ensure regulatory complianceReconcile General Ledger activities for invoice, payment processing and Suspense accountsSet up assessment of fees related to invoice processing on the loan recordReview and ensure all incoming wires are distributed and reconciledProcess standard payment transactionsProcess CIS and non-monetary loan maintenance changesMay perform callback for transactions related to these processesRespond to internal inquiries on the above processesCreate Management reports for Compliance and General Ledger CertificationsPerform End of Day BalancingProcess all other miscellaneous activities as requested Qualifications Associate Degree preferred, or equivalent work related experienceMinimum 1 year of work experience preferably in Banking Loan system experience preferredProficient in Microsoft Office Good written and verbal communication skillsAbility to adapt quickly to changes and perform in a fast paced environmentAbility to build effective relationships as needed to effectively address issues and obstacles Compensation The base pay range for this position is USD $18.00/Hr. - USD $22.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. Options Apply for this job onlineApplyShareEmail this job to a friendRefer <p style="margin: 0px;"><span style="color: #54585a;">Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.</span></p> Share on your newsfeed

East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law. Application FAQs

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