Welcome page

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 requirements
  • Review and ensure accurate Beneficial Ownership Certification have been provided and follow up with internal customers to ensure regulatory compliance
  • Reconcile General Ledger activities for invoice, payment processing and Suspense accounts
  • Set up assessment of fees related to invoice processing on the loan record
  • Review and ensure all incoming wires are distributed and reconciled
  • Process standard payment transactions
  • Process CIS and non-monetary loan maintenance changes
  • May perform callback for transactions related to these processes
  • Respond to internal inquiries on the above processes
  • Create Management reports for Compliance and General Ledger Certifications
  • Perform End of Day Balancing
  • Process all other miscellaneous activities as requested

Qualifications

  • Associate Degree preferred, or equivalent work related experience
  • Minimum 1 year of work experience preferably in Banking
  • Loan system experience preferred
  • Proficient in Microsoft Office
  • Good written and verbal communication skills
  • Ability to adapt quickly to changes and perform in a fast paced environment
  • Ability 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

<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.