Commercial SBA Loan Closer

Senior Recruiter and Leader ♦ Connecting Top Talent with Exceptional Companies in Arkansas ♦ Empowering individuals to foster growth and transform…

Arkansas Talent Group is partnering with an exciting Fin Tech Company to help them find a Commercial SBA Loan Closer for their organization. In this newly created position due to growth you will play a vital role as the designated Commercial SBA Loan Closer. You will be responsible for functions related to the complete loan closing process for both SBA loans and conventional loans, including but not limited to managing loan pipeline, coordinating loan closings, preparing and reviewing complex loan documents.

Position is remote eligible, with a strong preference for candidates located in EST.

$60,000.00/yr - $75,000.00/yr

Annual Bonus

• Process loan files to meet all required criteria in a timely manner.
• Prepare documentation for commercial and SBA loans, renewals, modifications, subordinations, amendments and waivers/exceptions.
• Coordinate and communicate with borrowers, title companies and/or attorneys to schedule closings, prepare documents, review and instructions as necessary.
• Ensure all loan documents are complete, accurate and properly filed by verifying signatures, execution, dates, collateral, and all other supporting documents.
• Review, collect and/or prepare required documentation such as borrower injection, debt refinance support, leases, business evaluations and franchise eligibility for SBA loans.
• Track loan volumes and provide data for pipeline reports.
• Complete Uniform Commercial Code (UCC) and other legal filings in a timely manner.
• Maintain a working knowledge of government guaranty programs and procedures.
• Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.

• High school degree or equivalent work experience
• 3+ years experience in a financial institution
• 1+ years Commercial SBA loan closing experience
• In-depth knowledge of loan products, functions, documentation, policies, and procedures as required by bank policy, state, and federal regulators
• Strong organizational, time management, and multi-tasking skills in fast-paced environments
• High attention to detail and ability to evaluate problems to provide effective solutions
• Maintain a high degree of confidentiality and discretion
• Proficient and MS Office products and departmental software
• Competitive compensation, bonus
• 401K with 100% match of the first 3%, 50% on the next 3%
• Generous PTO
• Opportunity to work with an ambitious group of entrepreneurs.

Position is remote eligible, with a strong preference for candidates located in EST.

Please directly apply or reach out to Jennifer Thompson on Linked In

Arkansas Talent Group is a Permanent Placement Recruiting Firm, all considerations will be held confidential

Seniority level:
Associate

Employment type:

Full-time

Job function:
Finance

Industries:
Staffing and Recruiting, Banking, and Financial Services