SBA Closing Specialist- CBG Operations

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At Regions, the SBA Closing Specialist is responsible for managing the loan processing/closing process, from loan approval through booking and funding for SBA 7(a), Express, and 504 government‑guaranteed loans. This includes working directly with and leading the coordination of SBA client borrowers, SBA Specialist, Assistants, internal staff, closing attorney firm, and applicable third parties (e.g., insurance companies) as required. The scope includes the collection, review, and approval of required documents, in addition to performing searches, preparing flood review packages, overseeing collateral perfection, and confirming satisfaction of equity requirements.

The specialist will be responsible for resolving any issues that come up during the closing process.

• Review approved loan packages received from Underwriting to ensure critical components have been provided by the lending officer for the documentation process.
• Set up third‑party engagements commensurate with credit approval, including but not limited to attorneys, real estate and business appraisers, etc.
• Submit applications through the appropriate SBA systems (ETran and SBA One) for guaranty authorizations.
• Prepare various loan documents for closing.
• Confirm satisfaction of loan approval terms and equity requirements prior to closing.
• Independently monitor loan packages throughout the process to identify potential risks related to the effective and efficient processing of the loan and to protect the Bank’s interests.
• Maintain currency with SBA SOP requirements, procedures, and changes.

• High School Diploma or GED.
• Two (2) years of SBA closing experience and knowledge of SBA loan program requirements or equivalent work experience.
• Intermediate commercial credit knowledge including loan closing, legal documentation, construction financing, and exceptions.
• Proficiency in reviewing insurance, title work, surveys, collateral, lien filings, appraisals, construction due diligence, and environmental reports.
• Experience working with commercial sales associates, underwriters, para lenders, insurance firms, and attorneys.
• Proficiency in use of computers, Microsoft Office (Excel, Word, Outlook).
• Experience with commercial loan systems.

• Specialized training in title, real estate, government programs (SBA), and specialized lending programs.
• Experience with nCino and/or related Salesforce platforms.
• Experience with SBA systems (ETran, SBA One, TSOFT).
• Experience with Laser Pro.
• Bachelor’s degree or certification as a paralegal.

• Demonstrated effective verbal and written communication skills for the purpose of explaining the loan closing process, exceptions and associated legal documentation to internal/external clients and appropriate counsel.
• Strong communication and interpersonal skills.
• Strong organizational skills and the ability to handle multiple tasks under tight time constraints.

Full time

Minimum
Job Range Target: $50,500.00 USD
Median $63,620.00 USD
This job is not incentive eligible.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

To learn more about Regions’ benefits, please copy the link below to your browser.

Riverchase Complex North Building
Hoover, Alabama

Positions are opened and closed on a rolling basis. Job postings may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

• Seniority level:
  Not Applicable
• Employment type:
  
  Full‑time
• Job function:
  Finance and Sales
• Industries:
  Banking