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 role obtains collateral reports and information needed to satisfy credit approval terms and government agency requirements, prepares loan-closing documentation, and ensures loans are closed, documented, and disbursed in compliance with SBA and USDA regulations. It also monitors and sometimes directs monetary disbursements and participates in post-closing quality control. The position is office-based; specific work arrangements, if applicable, are provided by the hiring team.

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.

Nice To Haves

  • Experience with the SBA program or other government-guaranteed loan programs.
  • Paralegal certificate and an associate degree.
  • Proficiency in Laser Pro or other software systems that generate commercial loan documentation.
  • Experience with SBA and/or USDA documentation.
  • Strong written and verbal communication skills and organizational skills.
  • Excellent PC skills, including Microsoft Office and Lotus Notes, and knowledge of HNB mainframe systems.
  • Ability to interact with internal customers to achieve positive results and work in a fast-paced, production environment.

Responsibilities

  • Obtain collateral reports and information required to meet credit approval terms and government agency requirements.
  • Work with UCC-secured and titled collateral, commercial real estate, construction, refinancing, 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.
  • Maintain knowledge of and interpret laws, regulations, policies, and procedures related to loan documentation to ensure proper loan and collateral documentation.
  • Monitor and sometimes direct monetary disbursements.
  • Participate in post-closing quality control.
  • Perform other duties as assigned.
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