SBA Business Loan Closing Coordinator, Sr.

Huntington National Bank•Columbus, OH
•Onsite

About The Position

The SBA Business Loan Closing Coordinator, Sr. processes government-guaranteed business loans in preparation for closing within expected service levels. The position obtains collateral reports and information required to meet credit approval conditions and government agency requirements; prepares documentation for proper loan closing and documentation; and ensures loans are closed, documented, and disbursed in compliance with SBA and USDA regulations. The role also monitors and sometimes directs monetary disbursements, participates in post-closing quality control, and stays current on laws, regulations, policies, and procedures governing loan documentation. The position works with UCC-secured and titled collateral, commercial real estate, construction, refinances, and business acquisitions. Other duties may be assigned. This is an office workplace position. Certain positions outside the branch network may be eligible for flexible work arrangements combining in-office and work-from-home time; specific arrangements are provided by the hiring team. Applicants must be currently authorized to work in the United States on a full-time basis. Huntington will not sponsor applicants for immigration benefits.

Requirements

  • High school diploma or GED.
  • At least 3 years of consumer or business loan document preparation, analysis, document review, and/or quality review experience.
  • Strong written and verbal communication skills.
  • Strong organizational skills.
  • Excellent PC skills, including Microsoft Office and Lotus Notes.
  • Ability to interact with internal customers to achieve positive results and work in a fast-paced, production environment.
  • Currently authorized to work in the United States on a full-time basis.

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.
  • Knowledge of HNB mainframe systems.

Responsibilities

  • Obtain collateral reports and information needed to satisfy credit approval conditions and government agency requirements.
  • Work with UCC-secured and titled collateral, commercial real estate, construction, refinances, and business acquisitions.
  • Prepare documentation necessary to close and document government-guaranteed business loans.
  • Ensure loans are closed, documented, and disbursed in compliance with SBA and USDA regulations.
  • Stay current on and interpret laws, regulations, policies, and procedures related to loan documentation.
  • Monitor and sometimes direct monetary disbursements.
  • Participate in post-closing quality control.
  • Perform other duties as assigned.
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