Job details

SBA Closing Officer

Introduction:

Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Greater China, 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:

We are currently seeking an SBA Closing Officer who will be responsible for ordering and reviewing loan due diligence documents with protecting the Bank’s interest from the time of approval through funding. This position is also responsible quarterbacking the loan closing process by working closely with SBA BDOs, Portfolio Officers, borrowers, attorneys, and the loan closing management team to ensure there is a smooth, error-free loan closing.

As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.

Responsibilities:

Manage all aspects of loan closing and funding process to assure compliance with SBA standard Operating Procedure (SOP)
Facilitate loan movement through loan closing and funding process
Work closely with SBA team members in reviewing the information required for closing and funding loan
Perform audit to ensure all documents match and system of record contains accurate information
Act as main point of contact with the borrower, answering questions to ensure the borrower has a clear understanding of the loan closing process, with attention to customer service and closing details
Collaborate with the borrower, attorneys, and other third parties associated with the loan to ensure necessary documents and any other items are produced on time for the set closing date
Responsible for generating reports that meet the requirement from the Bank and SBA team
Performs other duties as assigned

Qualifications:

Bachelor Science degree in Business or Finance preferred
Successful 4+ year experience with SBA lending field
Strong organizational skills with the ability to prioritize workload
Excellent communication (written and verbal) and interpersonal skills
Strong problem solving and decision-making skills preferred
Proficiency in Microsoft Office

Compensation: The base pay range for this position is USD $90,000.00/Yr. - USD $120,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

By East West Bank

The mission of East West Bank is to deliver customer-aligned financial and associated services to a diverse customer base. We enhance the value we provide to customers, shareholders, and employees, by consistently delivering solutions that leverag...

FUNDING

INDUSTRY

TEAM SIZE

LOCATION

Hybrid, based in Pasadena, CA

DATE POSTED

July 22, 2023