SBA Production Assistant/Closer I

GESA CREDIT UNION•Renton, WA

5d•$23 - $46•Onsite

About The Position

The SBA Loan Production Assistant reports directly to the VP of SBA Division and requires strong organizational skills, the ability to multi-task and perform well under pressure. They are responsible for managing the end-to-end lifecycle of SBA loan transactions from application through funding and post-closing. This role ensures loan files are complete, accurate, and compliant with SBA Standard Operating Procedures (SOP), internal credit approvals, and regulatory requirements. The position serves as a central point of coordination between borrowers, lenders, attorneys, title companies, and internal departments to deliver timely, high-quality, and compliant SBA loan closings. In the SBA lending market, this position is typically classified as either an SBA Closer or SBA Processor.

Requirements

High school graduate or GED required
Two (2) to five (5) years of commercial loan processing experience
Minimum two (2) years of experience with lending compliance
Minimum of one (1) year of business lending and real estate experience
Thorough knowledge of credit services and other credit union services
Thorough knowledge of lending policies and procedures
Proficient computer skills with collaboration and productivity tools including Windows-based operating systems and office suites (Microsoft Word, Outlook, Excel, PowerPoint); spreadsheet applications to organize data used for advanced data analysis; internet; email; and bank software
Highly effective oral and written communication skills
Highly effective self-management skills
Ability to converse with business owners
Ability to organize, prioritize and respond simultaneously to multiple tasks and requests
Ability to work well in and contribute to a cohesive team environment
Effectively communicate ideas and information, both verbal and written
Display and maintain courtesy, tact and diplomacy with current and potential vendors, peers, and staff
Capability of working effectively under limited supervision
Selected candidate(s) must be able to pass a pre-employment credit/background check.

Nice To Haves

Knowledge of commercial construction is preferred

Responsibilities

Order, track, and evaluate third-party reports, including Preliminary title commitments and title policies, Flood determinations, Environmental reports, UCC searches, Appraisals and business valuations, IRS tax verification, CAIVRS and SAM checks
Following up on missing documentation, insurance, appraisal orders, title documents etc.
Coordinating with internal SBA team members and external partners—including title companies, escrow offices, insurance agents, and others—to ensure timely completion of all required tasks
Reviews and ensures necessary borrowing entity documents are in file (partnership, LLC, trust, corporations, etc.) with correct signing authority
Scan and maintain all loan documentation in the imaging system to ensure complete and audit-ready files
Request, review, and ensure required insurance coverage
Reviews packages for completion, accuracy, and SBA and Gesa CU compliance
Work collaboratively with Credit Analysts and Gesa Credit Union Loan Processors to ensure all loan documentation requests are accurate, complete, and submitted timely in accordance with established guidelines and policies
Assist in new account opening for new business members
Facilitate loan closing with internal and external partners
Perform final review of loan documents to ensure accuracy and compliance with SBA SOPs and all applicable federal guidelines
Satisfaction of Equity Verification vs SBA Authorization/Terms and Conditions
Set up wires and funding instructions
Notifies SBA Relationship Manager of exceptions within the portfolio, and when appropriate, communicates directly with the customer to obtain required financial information.
Confirm all closing conditions are met per SBA SOP and policy
Ensure all credit conditions are met prior to loan disbursement
Process, prepare and report withdrawn/declined loan applications.
Creation of correspondence
Assisting in loan write-up preparation
Provide timely, complete, and accurate responses to inquiries, emails, phone calls, and other contact
Work on SBA Loan Checklist for completeness and follow up on all pending documents.
Keep track of all SBA Loan pipelines in process and assist in managing the closing process
Must understand and perform Bank Secrecy Act (BSA) and other commercial lending compliance functions as applicable to job responsibilities
Attend credit union training sessions, conferences, or seminars as approved by supervisor.
Maintain awareness of policies and regulations related to duties and responsibilities.
Complete disposition of declined/withdrawn loans
Maintain high level of confidentiality relative to member’s accounts/loans
Work as a team member of the Commercial Lending Division to assure the highest and most professional level of service to Credit Union members
Must collaborate with commercial lending teams to provide high levels of internal service and in job completion
Process payment of SBA loan fees and maintains accurate records of such
Contributes to effective Commercial Lending Division and credit union operations by performing other related duties as assigned