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Cathay Bank · 1 month ago

SBA Closing Specialist

El Monte, CA, USA

Full-time

Onsite

Entry Level

$20.19/hr - $24.04/hr

1+ years exp

Cathay Bank is a financial institution that values its team members and fosters a caring culture for professional growth. The SBA Closing Specialist is responsible for supporting all functions of SBA lending, including loan packaging, closing, and ensuring compliance with SBA regulations.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Prepares SBA application documents and submission to SBA for approval (GP and PLP submission)

Collects and reviews documents required for closing

Prepares SBA packaging documents

Prepares and maintains loan files through to loan closing

Maintain GFD account and make payment for the SBA Guaranty Fee and SBA Participation Fee

Upload all necessary documents to nCino for Loan Doc Preparation and funding

Works closely with escrow, title, marketing and loan administration personnel to ensure timely and efficient loan closing

Prepares various monthly reports

Assists in payment of referral fees and associated vendor fees such as appraisal, environmental, title fee, etc

Collect daily incoming mail for distribution

Orders and maintains office supplies

Interact with clients to assist in collecting necessary information for loan closing

Assists in operational duties of the division, including secondary market sales

Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values

Perform duties specific to the position and other functions as assigned

Qualification

SBA lending experienceLoan packagingPC proficiencyDetail orientedBilingual (English/Mandarin)Communication skills

Required

Minimum one year in banking, lending, accounting/bookkeeping, or related experience

PC proficient and detail oriented

Strong verbal and written communication skills

Preferred

College degree in accounting, finance, or business preferred but not mandatory

Bilingual (English/Mandarin or Cantonese) is a plus

Benefits

Coverage for medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

Flexible spending accounts (FSAs)

Health saving account (HSA) with company contributions

Voluntary coverages

401(k)

Company

Cathay Bank

Glassdoor3.1

Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.

Founded in 1962

El Monte, California, USA

1001-5000 employees

https://www.cathaybank.com/

H1B Sponsorship

Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2020 (1)