SBA Closing Officer
Company: Cathay General Bancorp
Location: El Monte
Posted on: December 31, 2025
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Job Description:
Under the supervision of the SBA Closing Manager, the SBA
Closing Officer supports various functions of SBA lending,
including loan packaging, and primarily the closing and
post-closing process, as well as ensuring compliance with SBA rules
and regulations. Under minimal supervision and following
established department policies and procedures, prepares and
analyzes loan closing, servicing, liquidation; and participates in
problem resolution. ESSENTIAL FUNCTIONS • Prepare and review the
SBA, GP, CLP, and PLP loan submission packages. • Ensure SBA Terms
and Conditions are consistent with approved credit memo. • Prepare
and review Closing Checklist and SBA closing documents. • Prepare
and review Lender’s Escrow Instructions. • Review Prelim Title
Report, Purchase Agreement and Escrow Instructions. • Review loan
file for any missing items and follow up with loan
officer/borrower. • Coordinate with borrower, broker, title,
escrow, CDC and outside counsel for loan closing. • Review entity
formation documents and submit the loan doc request to DCF via
nCino. • Collect all pending items, including insurance, upload all
executed loan documents to nCino, and coordinate funding with DCF.
• Fund and service in compliance with SBA, SOP, and Bank approval
conditions in a timely and accurate manner. • Issue cashiers check
to pay all necessary loan related fees and costs. • Generate
monthly production reports and prepare the G/L Account & SBA Bank
Control Account Certifications. • Track loan referrals within the
Bank and prepare loan broker referral fee after loan closing. •
Assists in operational duties of the division, including supporting
the required paperwork for secondary market sales. • May provide
training and coaching to less experienced team members in the
department. QUALIFICATIONS • Education: College degree in
accounting, finance, or business preferred but not mandatory. •
Experience: Minimum 2 years independently closing and packaging SBA
7(a) and 504 loans. • Skills/Ability: PC proficient and detail
oriented. Strong verbal and written communication skills. Bilingual
(English/ Mandarin or Cantonese) is a plus.
Keywords: Cathay General Bancorp, Huntington Park , SBA Closing Officer, Accounting, Auditing , El Monte, California
