SBA Loan Packager I

FIRST INTERNET BANK • Fishers, IN

5d • Onsite

About The Position

As the SBA Loan Packager I, you will be responsible for ensuring accurate and timely review of SBA loan transactions, producing loan documents, and assisting in the collection of items needed for loan closings. You will also coordinate with customers and all internal units involved in the SBA loan processing process. In addition, you will also be responsible for remaining current on SBA Standard Operating Procedures, compliance with all Bank policies and procedures, and applicable state and federal banking regulations.

Requirements

• A minimum of two year of experience processing and/or closing consumer, mortgage, commercial, or SBA loans required; commensurate banking experience in customer service, loan servicing, or account operations will also be considered
• Knowledge of required financial and collateral documentation for various loan types
• Excellent written and verbal communication skills
• Interpersonal skills to interact positively and effectively with all levels of employees, management, and third parties
• Demonstrated ability to complete work in a timely, efficient manner with impeccable accuracy
• Self-starter that is able to work independently and as part of a team
• Ability to identify issues and opportunities and explore solutions
• Ability to meet strict timelines and service level agreements
• Strong PC skills required along with an ability to quickly learn new systems

Nice To Haves

• Associate’s/Bachelor’s degree is preferred
• Knowledge of the US SBA lending program preferred

Responsibilities

• Review loan application files to verify that application data is complete, accurate, and meets standards established by loan policy and SBA guidelines
• Prepare the SBA submission package and ensure all submission items have been obtained and are current
• Work closely with all parties to assist in timely processing, credit approval, and closing of new loan requests
• Order appraisals, appraisal reviews, environmental reports, and any other related reports and documents necessary for the evaluation of the collateral and underwriting of the loan; responsible for managing completion dates and coordinating resolution of quality issues
• Manage process for, but not limited to, the following: business and personal credit reports, Tax Transcripts, and OFAC checks
• Request SBA loan approval through E-Tran or other means
• Approve and manage third party paid referral sources
• Perform E-Tran request to the SBA to obtain a Preferred Lending Program (PLP) or General Processing (GP) loan numbers
• Ensure commitment letters have been returned and the third-party report deposit has been received
• Learn and understand the SBA requirements for SBA eligibility according to the most recent Standard Operating Procedures (SOP) as published by the SBA
• Assist in ensuring an updated pipeline report
• Make corrections based off pre-close and post-close audits that would otherwise potentially put the Bank at risk for losing an SBA guaranty or obtaining penalties
• Remain current on pending and proposed regulatory changes affecting compliance and SOP with SBA
• Perform other duties as assigned

Benefits

• Medical, Dental, and Vision Insurance for Full-Time employees - Eligibility begins on day one of employment
• 401(k) Retirement Plan with Generous Match for Full-Time and Part-Time employees - Eligibility begins on day one of employment
• Professional Development Reimbursement
• At Least 3 Weeks Paid Vacation Annually - For New Employees, Paid Vacation is Adjusted Based on Start Date
• Eleven Paid Holidays
• Paid Volunteer Time
• Annual First Internet Bank-branded merchandise allowance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 251-500 employees