SBA Senior Closing Officer

Hanmi Bank • Los Angeles, CA

8d • $71,200 - $103,600

About The Position

The SBA Senior Closing Officer is responsible for all aspects of SBA Lending, ensuring compliance with established Bank policies and procedures. This role requires knowledge of, adherence to, and monitoring of various state and federal regulations and laws, including GLBA, Regulation Z, Regulation DD, Regulation B, Dodd-Frank Act, Elder Abuse Laws, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act, and Community Reinvestment Act.

Requirements

• High School Diploma and at least 7+ years of related experience and/or training.
• Work related experience must consist of SBA Lending.
• Intermediate skills in computer terminal and personal computer operation, mainframe computer system, word processing, typing and spreadsheet software programs to meet the needs of the position.
• Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
• Exceptional verbal, written and interpersonal communication skills, with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, and speak clearly to customers and employees.
• Thorough understanding of management procedures; ability to plan department or Company activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Company activities; effectively staff (selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate).
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Ability to work with no supervision while performing duties.

Responsibilities

• Prepares SBA application documents and submission to SBA.
• Prepares SBA Authorization.
• Collects and reviews documents required for closing.
• May use discretion to require additional documentation for the loan, instructs credit officers on what additional information is needed to proceed.
• Prepares Lender’s Instructions.
• Arranges the loan closing, including loan document execution.
• Works closely with escrow, title, marketing and loan administration personnel to ensure timely and efficient loan closing.
• Reviews final loan package and makes decision on final approval for loan funding.
• Assists in operational duties of the division, including secondary market sales and payment of referral fees.
• Receives and whenever possible assists with handling a variety of complex customer inquiries and service requests.
• Provides integral support for the preparation of internal and external audits.
• May delegate and/or oversee assignments to lower level department personnel.
• May train new department staff.
• Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
• Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
• Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.
• Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.
• Performs duties specific to the position and other functions as assigned.

Benefits

• paid sick time off
• vacation leave
• paid holidays
• medical, dental, vision, life and disability insurance packages for employees and dependents
• various other voluntary benefit offers
• optional retirement accounts

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: High school or GED