Senior Processor - Small Business Administration
Description:
The SBA Sr. Loan Processor will be responsible for supporting all SBA loan origination efforts by reviewing, packaging, and completing all SBA requests.
This may include, developing a needs list, tracking orders for third party reports, assisting underwriters in clearing pre-funding conditions, coordinating closings with title officers and legal counsel.
Once approved, the Sr. Processor will work with the underwriters, and RMs ensuring that the SBA package complies with all required SBA rules and regulations and to ensure a clean SBA file audit.
Responsible for packaging, and processing SBA loans and work closely with RM, the SBA closer, client and brokers throughout the underwriting and closing process.
Ensures that the SBA package is complete and accurate in complying with SBA SOP procedures and bank policy and procedures.
Gather and verify all necessary information in order to prepare the SBA application; to include business plan, tax returns, equity injection, and other necessary SBA forms.
Reviews and comprehends complex loan documentation, loan terms and financial elements for accuracy and consistency with the credit approvals.
Notifies the RM, underwriter and client of items missing or required for corrections.
Organize loan files; prepare and maintain needs list and follow-up as required to ensure receipt of all necessary documents.
Prepare the SBA application package and submission to the SBA ensuring accuracy and completeness.
Requirements:
Bachelors Degree or equivalent work experience required.
A minimum of 7 years experience in SBA loan processing and/or SBA and commercial loan documentation knowledge is required.
Thorough knowledge of SBA SOP, USDA B & I is required.
Ability to maintain a high level of accuracy and attention to detail.
Ability to work independently and handle multiple priorities concurrently.
Excellent command of the English language; excellent writing skills.
Familiarity with real estate lending and accounting terminology.
Benefits:
Medical, dental, and vision coverage for employees and their families
Life, disability and family Leave
401(k) and Roth 401(k) with employer match
Wellness program, employee assistance program, Commute Trip Reduction (CTR) and various employee discounts
Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work
Free employee checking account and employee home loan discounts
Apply Now
The SBA Sr. Loan Processor will be responsible for supporting all SBA loan origination efforts by reviewing, packaging, and completing all SBA requests.
This may include, developing a needs list, tracking orders for third party reports, assisting underwriters in clearing pre-funding conditions, coordinating closings with title officers and legal counsel.
Once approved, the Sr. Processor will work with the underwriters, and RMs ensuring that the SBA package complies with all required SBA rules and regulations and to ensure a clean SBA file audit.
Responsible for packaging, and processing SBA loans and work closely with RM, the SBA closer, client and brokers throughout the underwriting and closing process.
Ensures that the SBA package is complete and accurate in complying with SBA SOP procedures and bank policy and procedures.
Gather and verify all necessary information in order to prepare the SBA application; to include business plan, tax returns, equity injection, and other necessary SBA forms.
Reviews and comprehends complex loan documentation, loan terms and financial elements for accuracy and consistency with the credit approvals.
Notifies the RM, underwriter and client of items missing or required for corrections.
Organize loan files; prepare and maintain needs list and follow-up as required to ensure receipt of all necessary documents.
Prepare the SBA application package and submission to the SBA ensuring accuracy and completeness.
Requirements:
Bachelors Degree or equivalent work experience required.
A minimum of 7 years experience in SBA loan processing and/or SBA and commercial loan documentation knowledge is required.
Thorough knowledge of SBA SOP, USDA B & I is required.
Ability to maintain a high level of accuracy and attention to detail.
Ability to work independently and handle multiple priorities concurrently.
Excellent command of the English language; excellent writing skills.
Familiarity with real estate lending and accounting terminology.
Benefits:
Medical, dental, and vision coverage for employees and their families
Life, disability and family Leave
401(k) and Roth 401(k) with employer match
Wellness program, employee assistance program, Commute Trip Reduction (CTR) and various employee discounts
Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work
Free employee checking account and employee home loan discounts
Apply Now