SBA Business Loan Closing Coordinator, Sr.

Huntington National BankColumbus, OH
3dHybrid

About The Position

Description Summary: SBA Business Loan Closing Coordinator, Sr. processes government guaranteed business loans in preparation for closing within expected service levels. Duties & Responsibilities: Obtains all necessary collateral reports and information required to meet the terms and conditions of credit approval and of government agency requirements. Works with UCC secured, titled collateral, commercial real estate, construction, refinance and business acquisitions. Prepares all documentation necessary to properly close and document government guaranteed business loans. Ensures loans are closed, documented and disbursed in compliance with SBA/USDA regulations. Ensures proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies and procedures of loan documentation. Monitors and sometimes directs monetary disbursements as well as involvement in post-closing quality control. Performs other duties as assigned.

Requirements

  • High School Diploma or GED
  • Minimum of 3 years of consumer/business loan doc prep, analysis, document review and/or quality review
  • Strong written and verbal communication skills as well as organizational skills
  • Must have excellent PC skills to include Microsoft Office software and Lotus Notes, as well as knowledge of HNB mainframe systems.
  • Ability to interact with internal customers to achieve positive results and work in a fast-paced, production environment.
  • Strong written and verbal communication skills as well as organizational skills are required.

Nice To Haves

  • Experience with the SBA program or other government guaranteed loan programs
  • Paralegal Certificate and Associate Degree
  • Proficiency in Laser Pro or other software systems that generate commercial loan documentation
  • Experience with SBA and/or USDA documentation

Responsibilities

  • Obtains all necessary collateral reports and information required to meet the terms and conditions of credit approval and of government agency requirements.
  • Works with UCC secured, titled collateral, commercial real estate, construction, refinance and business acquisitions.
  • Prepares all documentation necessary to properly close and document government guaranteed business loans.
  • Ensures loans are closed, documented and disbursed in compliance with SBA/USDA regulations.
  • Ensures proper loan and collateral documentation by staying abreast of and interpreting various laws, regulations, policies and procedures of loan documentation.
  • Monitors and sometimes directs monetary disbursements as well as involvement in post-closing quality control.
  • Performs other duties as assigned.
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