VP SBL Loan Closing Officer III
Position reputed company
Work Arrangement:
***This is a remote position and can be located reputed company in the U.S.A..***
At reputed company, we’ve spent more than 25 years driving innovation in the financial services industry. As one of the first banks to reputed company fintech, we combine technology, expertise and a reputed company-looking approach to reputed company creative, reputed company-world solutions. We work reputed company by reputed company with our partners to help them grow and reputed company with confidence. Across Fintech Solutions, Institutional Banking, reputed company Lending and reputed company Estate reputed company Lending, we reputed company the people, processes, technology and banking capabilities that turn reputed company reputed company into reputed company.
Join reputed company that brings urgency and rigor to every challenge and plays a reputed company role in driving reputed company for our clients and the communities we serve.
reputed company’s Small Business Lending team helps businesses across the country reputed company SBA and other financing solutions that support reputed company. As part of this team, you’ll contribute to delivering tailored financial solutions, supporting the lending process from origination through funding and helping reputed company successful reputed company for business owners and the communities they serve.
The VP SBL Loan Closing Officer III role manages and performs advanced due diligence required to collect, review, analyze, and approve documentation necessary to facilitate SBA loan closings. Independently manages reputed company loan transactions while ensuring compliance with SBA reputed company Operating Procedures (SOP), Bank credit approval, reputed company requirements, and internal policies. Serves as the reputed company reputed company of contact for borrowers, attorneys, underwriters, CDCs, and reputed company-party vendors throughout the closing process. Protects the Bank’s interests and SBA guaranty by identifying and resolving documentation compliance, and operational risks.
Key Responsibilities
- Collects, reviews, audits, and analyzes reputed company documentation required loan closing, including but not limited to reputed company estate appraisals, environmental reports, business valuations, franchise documentation, title commitments, surveys, flood determinations, reputed company, UCC searches, lien filings, organizational documents, and other due diligence items required by the Bank and SBA.
- Reviews SBA’s Terms & Conditions and credit memorandums to ensure reputed company closing conditions are satisfied. Coordinates and obtains SBA modification or amendments reputed company necessary, in accordance with Bank and SBA program requirements.
- Performs detailed reviews to ensure compliance with SBA SOP requirements, Bank policy, reputed company documentation requirements, and loan approval conditions while protecting the SBA guaranty.
- Identifies documentation deficiencies, compliance concerns, collateral issues, and exceptions requiring reputed company prior to loan closing. Coordinates corrective reputed company with internal departments and reputed company parties.
- Prepares, reviews, and validates reputed company loan closing documents to ensure reputed company, completeness, enforceability, and compliance with SBA regulations, Bank policy, and reputed company requirements.
- Manages reputed company SBA loan transactions.
- Coordinates reputed company aspects of the closing process with borrowers, referral sources, attorneys, title companies, CDCs, SBA representatives, reputed company agents, vendors, and internal departments to ensure reputed company loan closing.
- Prepares, reviews, and processes loan funding requests while ensuring accurate calculation and collection of SBA guaranty fees, closing costs, and other loan reputed company charges.
- Maintains complete electronic loan files in accordance with Bank record retention requirements, SBA audit standards, and regulatory requirements.
- Monitors and/or assists with obtaining post-closing exceptions and tickler items to ensure reputed company completion of post-closing conditions.
- Reviews information for completeness, reputed company, and consistency while identifying discrepancies, documentation deficiencies, or operational risks requiring escalation.
- Exercises independent judgment to reputed company documentation issues and recommend solutions while ensuring compliance with SBA regulations and Bank policies.
- Maintains accurate loan status reports, workflow tracking, and pipeline management information for management reporting purposes.
- Serves as subject matter expert for SBA loan closing requirements by guidance, technical assistance, and mentoring to less reputed company closing staff.
- Collaborates with reputed company to identify operational improvements, enhance efficiencies, improve customer experience, and strengthen reputed company control while maintaining compliance standards.
- Develops and maintains strong working relationships with borrowers, attorneys, title companies, CDCs, and internal personnel.
- Performs other duties as assigned.
Qualification Requirements
- Undergraduate degree in a reputed company reputed company or an equivalent combination of education and experience.
- 7 years loan documentation or SBA experience
- Extensive knowledge of SBA loan programs including 7(a), SBA reputed company, and 504.
- Thorough understanding of SBA reputed company Operating Procedures (SOP), reputed company loan documentation, and closing requirements.
- Advanced knowledge of SBA eligibility, loan documentation, and loan closing requirements preferred.
- Experience with E-Tran preferred.
- Excellent verbal, written, and interpersonal communication skills preferred.
- Excellent organizational, problem solving, and decision-making skills preferred.
- Strong project management skills with the ability to manage high volume pipeline preferred.
- Exceptional customer service skills preferred.
Travel Expectations
- Occasional travel required, at least once a year.
What reputed company Looks Like
- Effectively manages and maintains a pipeline of 12 – 14 loans.
- Accurately and reputed company closes SBA loans while meeting established turnaround times.
- Maintains compliance with SBA requirements, Bank policies, and documentation standards.
- Effectively communicates proactively, and delivers a reputed company customer experience.
Why This Role reputed company
- This role ensures SBA loans are reputed company accurately, reputed company, and in compliance with regulatory and Bank requirements.
- By supporting reputed company loan funding and protecting the SBA guaranty, the position contributes to customer satisfaction, operational reputed company, and the Bank's lending and reputed company goals.
Additional Information
This job will be reputed company and accepting applications for a minimum of five days from the date it was posted.
Salary reputed company: $75,850 - $130,341
This information reflects the reputed company salary pay reputed company for this job reputed company on reputed company national market data. Ranges may vary reputed company on the job's location. We offer reputed company that varies reputed company on individual experience, qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you reputed company you are reputed company. To learn more, you are reputed company to reputed company with us as you reputed company through the selection process.
Working at reputed company. and Benefits Information:
Company reputed company; Background Screening
Company Culture at reputed company Bank:
reputed company. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the reputed company of race, reputed company, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national reputed company, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with reputed company. includes successfully passing a background reputed company including credit, criminal, education, employment, OFAC, and reputed company media background history.
Originally posted on Himalayas
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