Job Title: SBA Closer - Senior

Reports To: SBA Closing Manager

Direct Reports: N/A

Salary Grade: 10

SUMMARY

This position is responsible for processing, documenting, and closing SBA 7a, SBA 504, and USDA loans in accordance with all Bank and SBA regulations. The ideal candidate must have extensive SBA experience with supervisory responsibilities. Industry vertical experience is preferred.

EDUCATION AND EXPERIENCE REQUIREMENTS

• 4-year degree or equivalent work experience required
• Previous supervisory experience required
• Ten or more years of SBA loan origination experience
• In-depth knowledge and understanding of SBA loan closing requirements with a comprehensive knowledge of federal and state regulations
• Ability to coordinate diverse tasks simultaneously within stringent time frames
• Excellent documentation and organizational skills
• Strong verbal and written communication skills
• Proficient computer skills including Microsoft Office Suite applications
• Excellent understanding of title reports, lien searches, lease documentation, equity injection, and acquisition documentation
• Participate in all required SBA and Bank compliance training (including but not limited to NAGGL, Bank Secrecy Act, etc.), as well as Company annual meetings

JOB FUNCTIONS

• Independently manage a large loan pipeline from origination through closing in accordance with SBA SOP, as well as Bank policies and procedures
• Responsible for all aspects of SBA loan origination in accordance with Bank policies, procedures, and regulatory requirements, as well as the SBA’s SOP
• Ensure all required loan conditions (insurance, collateral, formation, equity, etc.) are met and properly documented in compliance with SBA and Bank policies. For 504 loans, include CDC Debenture Coordinator to ensure their closing conditions have been met
• Communicate with borrowers the loan documentation needs, in addition to the collection and review of same for accuracy and compliance
• Coordinate with Underwriter any loan modifications during the closing process, as needed
• Work closely with underwriting, bank attorneys, third-party vendors (i.e. insurance agents) and borrowers to prepare closing conditions and items needed to schedule/close the loan. For 504 loans, include CDC Debenture Coordinator
• Excellent communication skills between all points of contact. Managing closing expectations and productivity of all parties to meet expectations
• Ensure deadlines are met
• Adhere to all SBA SOPs, Bank regulations as well as State and Federal requirements
• Ensures all pre and post-closing document issues are resolved within a timely manner
• Other duties and special projects as assigned

WORK ENVIRONMENT

Remote position

POSITION TYPE

This is a full-time position.

TRAVEL

This position requires up to 20% travel.

OTHER

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.