SBA Construction Processor

Enterprise Bank & Trust•San Diego, CA

26d•$25 - $35

About The Position

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive. With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we’re strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities. Together, there’s no stopping you! Job Description: Summary: The position is responsible for processing, documenting and disbursing loan proceeds for SBA Construction loans.

Requirements

Excellent verbal and written communication skills
Excellent organization skills.
Proven experience working in a fast-paced, high volume, customer-centric environment
Effective time management and problem-solving skills with strong attention to detail and ability to demonstrate critical thinking
Ability to work both independently as a self-starter and in a collaborative team environment
Motivated and open to change
High school diploma or equivalent required
Minimum of two (2) years of banking or financial services industry experience.
Detailed knowledge of construction fund control.
Skilled in the operation of a personal computer, including Microsoft Word and Excel Google Apps

Responsibilities

Reviews Contractor packages; calls on references and reviews the Contractor’s license status.
Reviews the construction contracts to ensure compliance with SBA and bank guidelines.
Reviews the Bank’s construction policies and procedures with the borrower and contractor.
Reviews cost breakdowns and project budgets.
Sends acceptance letters to borrowers and Contractors.
Obtains necessary plans and permits; orders cost reviews from 3rd party vendors.
Sets up Fund Control in the Fund Control Program.
Reviews draw requests along with provided support documentation prior to disbursing construction funds.
Balances draw requests against allocated construction funds.
Orders and reviews necessary endorsements from title companies prior to disbursing funds.
Maintains accurate construction pipeline reports.
Addresses any issues/concerns that may arise during the construction process.
Perform other duties as assigned.