SBA Post Close Auditor

U.S. Bank • San Diego, CA

4d • $23 - $30 • Onsite

About The Position

Coordinates the review and audit of completed SBA and business banking loan packages post-closing in compliance with policies and procedures, regulatory guidelines, and investor standards by gathering and reviewing necessary documents and information within designated time frames. Communicates with internal staff, customers/clients, lenders, SBA partners, counsel, and other stakeholders to respond to inquiries, resolve post-close exceptions, and obtain additional documentation needed to complete the file. Ensures compliance with internal policies, SBA SOP requirements, regulatory and investor requirements, and quality control standards. Reviews files for completeness, accuracy, and adherence to SBA eligibility, documentation, and closing requirements. Identifies documentation deficiencies, collateral exceptions, or compliance gaps and works to resolve or escalate issues as appropriate. May support post-close audit reporting, file certification, and reconciliation activities, including reviewing final loan terms, fees, and disbursements for accuracy.

Requirements

• High school diploma or equivalent
• Typically four to six years of relevant experience
• Thorough knowledge of legal documents used to support applicable loan processing, with emphasis on SBA and business banking documentation
• Ability to identify and resolve/escalate complex problems with minimal guidance
• Ability to apply critical thinking for all elements of loan documentation construction and post-close audit review
• Ability to master the bank’s documentation and audit software
• Thorough knowledge of closing policies and procedures, funding policies, underwriting requirements, SBA guidelines (SOP), governmental requirements, terminology, and automated processing systems
• Thorough knowledge of applicable credit policies and approval processes for assigned product(s)
• Ability to work effectively and accurately in a fast paced, high production, professional environment
• Strong organizational skills
• Effective verbal and written communication skills

Responsibilities

• Coordinates the review and audit of completed SBA and business banking loan packages post-closing in compliance with policies and procedures, regulatory guidelines, and investor standards by gathering and reviewing necessary documents and information within designated time frames.
• Communicates with internal staff, customers/clients, lenders, SBA partners, counsel, and other stakeholders to respond to inquiries, resolve post-close exceptions, and obtain additional documentation needed to complete the file.
• Ensures compliance with internal policies, SBA SOP requirements, regulatory and investor requirements, and quality control standards.
• Reviews files for completeness, accuracy, and adherence to SBA eligibility, documentation, and closing requirements.
• Identifies documentation deficiencies, collateral exceptions, or compliance gaps and works to resolve or escalate issues as appropriate.
• May support post-close audit reporting, file certification, and reconciliation activities, including reviewing final loan terms, fees, and disbursements for accuracy.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

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