SBA Loan Assistant

Glacier Bancorp, Inc. • Coeur d'Alene, ID

47d • Onsite

About The Position

Mountain West Bank is seeking an exceptional SBA Loan Assistant for its Small Business Administration team in Coeur d'Alene, ID. The SBA Loan Assistant will work under general supervision, performing routine duties related to preparing, assembling, and verifying the accuracy of SBA loan documentation. The assistant will service borrowers and act as an assistant to the relationship. This is a full-time, 40-hour per week position requiring availability from 8:00 AM to 5:00 PM, Monday through Friday. Rate of pay depends on experience.

Requirements

• High school diploma or equivalent.
• 3 year clerical experience in a banking environment
• Fundamental understanding of banking, accounting, legal or related experience
• Ability to multi-task and handle complex tasks efficiently.
• Strong written and verbal communication skills to maintain quality customer service.
• Strong organizational skills with attention to detail.
• Excellent customer service experience.
• Proficiency with Microsoft applications (Word, Excel, Outlook) and other basic office equipment

Nice To Haves

• Prior banking experience
• Fundamental understanding of banking, accounting, legal or related experience

Responsibilities

• When requested, submit appraisal-bid-request to approved appraisers and engage when required.
• Order and review loan documents to ensure proper vesting, legal descriptions, dates, signatures, etc. Prepare documentation sheets and check off all items as they are received. Ensure the files are completed in a timely manner. May act as closing agent for loans.
• Type denial letters and log and maintain file on denials according to regulations.
• Complete and prepare all required SBA loan documents in accordance with SBA policies and procedures.
• File lien perfection documents to ensure our lien is recorded timely and accurately.
• Verify all loan files are completed and adhere to Bank and SBA policies, including injection documentation and tracking and loan disbursement documentation and tracking.
• Scan loan files to core system in accordance with Bank procedures.
• When required submit loan information and documentation to the SBA Loan Guaranty Processing Center for approval.
• Disburse loan proceeds in accordance with Bank and SBA procedures.
• Submit department invoices for payment through Flexi Program.
• Track and follow up on maintenance of files including rate and payment changes, insurance, UCC renewals, financial statements and tax returns, corporate verification of status, inspections, etc. Receive and distribute rate and payment change notices as appropriate.
• Monitor loans serviced through loan servicing to ensure that required changes are made and are accurate; work as liaison with other departments.
• Maintain a tickler system to follow-up on all pending items.
• Assist Lender with tracking of any covenants that may be required by the loan agreement; verify accuracy of statements as they are received.
• When requested assist with requesting annual tax returns and financial statements from borrowers.
• Monitor loans serviced to ensure that required changes are made and are accurate.
• Assist customers and branch personnel with questions or problems concerning SBA loans.
• Complete Branch Checking Account certifications and GL certifications as required.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• Related duties as assigned.

Benefits

• flexible health coverage options: medical/dental/vision (partially employer paid with competitive premiums)
• health rewards program
• possible employer contribution to a Health Savings Account
• Employee Assistance Program (EAP)
• life insurance
• 401K retirement plan with immediate vesting (up to 3% employer match, 3% automatic employer contribution, and profit sharing)
• discounted banking products and services
• paid vacation/sick days
• paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED