Senior SBA Loan Specialist

Description

• Order, review, and analyze all required third-party vendor documents in relation to the collateral to be held on the loan.
• Actively participate in cross-functional teams to drive the development, testing, and implementation of new digital tools and processes for the startup SBA program's technological interface.
• Identify business entity types and collect the corresponding legal documentation required for state or county filing.
• Execute a post-closing examination of loan documents for accuracy and completeness and perform upload of documents to the system of record.
• Verify that loans have been approved by the appropriate level of authority, including approval from SBA, FSA, etc., as appropriate.
• Ensure all required due diligence and approval documentation has been indexed accurately into our system of record.
• Complete all due diligence associated with the satisfaction of loan approval conditions, as well as customer identification requirements, in a timely manner.
• Ensure proper SBA Forms and Disclosures are completed and properly executed at the time of application and closing.
• Ensure proper loan entry/buildout into the Loan Origination System (LOS) SBA Module, with a particular focus on configuring and optimizing the system for the unique requirements of the new startup SBA program and its technological integrations.
• Submit and obtain SBA Loan approval through E-Tran or SBA One for newly originated SBA loans and SBA modifications as required by the Servicing and Liquidation Actions Matrix as needed.
• Coordinate and execute Letter of Credit documentation for Small Business portfolios.
• May mentor more junior team members, sharing expertise on both established and new program processes.
• Send loan-specific information to Loan Servicing for core system input and maintenance.
• Order and review CAIVRS and IRS Tax Transcript verifications.
• Utilize the loan workflow and specific tasks within the Loan Origination System, identifying best practices and proactively suggesting enhancements to optimize the technological interface for the new startup SBA program.
• Serve as a point of contact between the lender, underwriter, customer, attorney and/or title company, and the SBA as needed.
• Ensure compliance with SSBL’s policies and procedures, and Federal/State regulations.

Requirements

• Bachelor's Degree and 10+ years of experience in Financial Industry including SBA lending
• Thorough knowledge of SBA guidelines and processes
• Strong knowledge of SBA SOPs, program eligibility, credit criteria, and loan structure requirements
• Experience in SBA financial programs created to address the various needs of small businesses

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance