SBA Closer Team Lead Remote
Responsibilities
The Loan Closer Team Lead - SBA reports directly to the SVP Operations
Work closely with Eligibility, Government Guaranteed Lending Liaisons, Business Development Officers, Credit Managers, and Underwriters to get a loan from submission to closing
Complete & review file review checklists, including the review of entity documents, Operating Agreements/By-Laws, tax returns, financials, debt schedules, due diligence searches, and SBA Forms
Create and review Submission checklists to assist Government Guaranteed Lending Liaison & Business Development Officer with the documents that are required prior to submission to the SBA
Prepare/Review and audit SBA Forms & documents that need to be sent for signature during submission
Review Terms and conditions and create a review for Eligibility to review before sending it to the closer
Oversee Etran Entry and Submission as well as uploading documents and clearing validation
Assure that all customer files are complete and in compliance with regulatory agencies and internal policies
Review loan documents closely to ensure that they accurately reflect the intentions of the SBA Authorization/Terms and Conditions
Manage web-based loan software and any procedural, workflow changes, and updates, when needed
Make recommendations for procedural changes to increase efficiency
Periodicly follow up with SBA on any necessary action items including responding to screen-outs and submitting modifications post-approval
Ensure customer privacy, security of files, and appropriate staff access items
Attend periodic SBA Training when provided by the Bank as well as complete all necessary ABA Training requirements set by the Bank
Remain current on regulatory changes affecting SOP with SBA
The position is responsible for overseeing the relationship liaisons who are primarily responsible for completing File Submissions to SBA and ensuring all items necessary for SBA Submission have been received and reviewed
Responsible for SBA submission, ensuring files are complete before pulling an SBA Loan Number
Manage & develop Relationship Liaisons
Create, and maintain effective procedures for the SBA GGLS Team
Prepare, monitor, and update weekly pipeline reports for the SBA Team
Qualifications
Minimum 5 years of SBA Closing/ Packaging experience
Minimum 2 years of team leadership experience
Knowledge of USDA, SBA 7a, 504, and Express Lines of Credit
Knowledge of SBA Standard Operating Procedures
Promote a teamwork environment and actively participate as a team player with the ability to solve problems independently
Communicate effectively and constructively with brokers, borrowers, SBA GGLS Team, underwriters, to enable the loans to move to closing
Apply Now
The Loan Closer Team Lead - SBA reports directly to the SVP Operations
Work closely with Eligibility, Government Guaranteed Lending Liaisons, Business Development Officers, Credit Managers, and Underwriters to get a loan from submission to closing
Complete & review file review checklists, including the review of entity documents, Operating Agreements/By-Laws, tax returns, financials, debt schedules, due diligence searches, and SBA Forms
Create and review Submission checklists to assist Government Guaranteed Lending Liaison & Business Development Officer with the documents that are required prior to submission to the SBA
Prepare/Review and audit SBA Forms & documents that need to be sent for signature during submission
Review Terms and conditions and create a review for Eligibility to review before sending it to the closer
Oversee Etran Entry and Submission as well as uploading documents and clearing validation
Assure that all customer files are complete and in compliance with regulatory agencies and internal policies
Review loan documents closely to ensure that they accurately reflect the intentions of the SBA Authorization/Terms and Conditions
Manage web-based loan software and any procedural, workflow changes, and updates, when needed
Make recommendations for procedural changes to increase efficiency
Periodicly follow up with SBA on any necessary action items including responding to screen-outs and submitting modifications post-approval
Ensure customer privacy, security of files, and appropriate staff access items
Attend periodic SBA Training when provided by the Bank as well as complete all necessary ABA Training requirements set by the Bank
Remain current on regulatory changes affecting SOP with SBA
The position is responsible for overseeing the relationship liaisons who are primarily responsible for completing File Submissions to SBA and ensuring all items necessary for SBA Submission have been received and reviewed
Responsible for SBA submission, ensuring files are complete before pulling an SBA Loan Number
Manage & develop Relationship Liaisons
Create, and maintain effective procedures for the SBA GGLS Team
Prepare, monitor, and update weekly pipeline reports for the SBA Team
Qualifications
Minimum 5 years of SBA Closing/ Packaging experience
Minimum 2 years of team leadership experience
Knowledge of USDA, SBA 7a, 504, and Express Lines of Credit
Knowledge of SBA Standard Operating Procedures
Promote a teamwork environment and actively participate as a team player with the ability to solve problems independently
Communicate effectively and constructively with brokers, borrowers, SBA GGLS Team, underwriters, to enable the loans to move to closing
Apply Now