SBA Loan Closer

GBank•Las Vegas, NV

14h•Onsite

About The Position

The SBA Loan Closer is responsible for all functions of processing and closing SBA Loans in compliance and adherence with SBA SOP, state and federal laws and regulations, as well as Bank lending policies and procedures. This role involves reviewing and understanding Entity Documentation, Purchase Sale Agreements, Title Commitments and Prelims. The SBA Loan Closer will prepare Loan Documents in compliance with SBA SOP, state and federal laws and regulations, and Bank lending policies and procedures. They will work closely with underwriters, brokers, and customers. The position also assumes responsibility for various department functions as necessary or in the absence of staff members and promotes business for the Bank by maintaining good customer relations and referring customers to appropriate staff for new services. Some direct customer contact and cross-training for other positions within the SBA Department is expected.

Requirements

Bachelor’s degree (BA) or equivalent from an acceptable 4 YEAR college or university; or at least 5 YEARS of BANKING experience and/or training; or the equivalent combination of education and experience.
Work related experience should consist of a financial analyzing or credit review background.
Educational experience, through in-house training sessions, formal school, or financial industry related curriculum, should be business or financial industry related.
Basic knowledge of title policies and related loan regulations such as RESPA, HMDA, and other Bank lending policies on loans to directors.
Basic knowledge of branch operation procedures, Bank products and services and have the ability to read, analyze and interpret general business periodicals, professional journals, and technical procedures.
Excellent organizational and time management skills with basic skills in computer terminal and personal computer operation; host computer system; word processing, spreadsheet, and specialty software programs with intermediate typing skills to meet production needs of the position.
Intermediate math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals; locate routine mathematical errors; compute rate, ratio, and percent, including the drafting and interpretation of bar graphs.
Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, write reports, correspondence and procedures, speak clearly to customers and employees.
Ability to deal with complex problems involving multiple facets and variables in non-standardized situations and work with minimal supervision while performing duties.
Must be able to sit for extended periods of time, operate a computer, and telephone.

Responsibilities

Process and prepare SBA loan files for closing and funding.
Prepare and order all reports and forms required by SBA SOP to close and fund loan.
Review and understand Entity Documentation, Purchase Sale Agreements, Title Commitments, Prelims.
Assists Loan Officers, lending support staff, and other Bank personnel in resolving inquiries or issues relating to loan servicing.
Processes, solves, and answers customer transactions, problems, or inquiries.
Answers telephones, answers questions and directs callers to proper Bank personnel.
Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
Responds to inquiries or refers inquiries to the appropriate department or person and exhibits the necessary follow through with customers and/or staff involved.
Assumes responsibility for special projects; gathers data and prepares reports for Senior Management, audits, and other personnel.
Processes, solves, and answers complex customer transactions, problems, or inquiries.
Answers telephones, answers questions and directs callers to proper Bank personnel.
Develops and maintains a working knowledge of banking laws and SBA regulations by reading various publications and circulars; attends seminars and meetings with peers.
Other duties as assigned.