SBA Loan Closer

The SBA Loan Closer is responsible for all functions of processing and closing SBA Loan in compliance and adherence with SBA SOP, state and federal laws and regulations, as well as Bank lending policies and procedures. Review and understand Entity Documentation, Purchase Sale Agreements, Title Commitments and Prelims. Prepare Loan Documents in compliance and adherence with SBA SOP, state and federal laws and regulations, as well as Bank lending policies and procedures;
Work closely with underwriters, brokers, and customers. Assumes responsibility for various department functions as necessary or in the absences of staff members. 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 to be expected.

• Upholds, at all times, the Bank’s Core Values of:
  Integrity, Respect, Positive Attitude, Empowerment, Accountability, and Excellence.
• Delivers on the Bank’s tagline of “Your Best Banking Experience – Ever!” by reinforcing the application of superior customer service through own example along with appropriate follow through with involved customers and employees; actively participates in specific periodic meetings and presentations on this topic with all staff members.
• 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.

The position of SBA Loan Closer is not responsible for the supervision of any employee(s).

This position must be able to accommodate reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks, and constant interruptions.

• 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…