Part-Time Loan Specialist - SBA

Essential Duties and Responsibilities

• Obtains required documentation and processes all small business loan packages.

• Inputs loan data into settlement and SBA systems for setup and activation.

• Coordinates settlements with customers for purchase of SBA loans.

• Prepares settlement packages for funding.

• Prepares monthly loan certificate inventory.

• Processes and posts all SBA loan principal and interest payments.

• Processes and posts loan payoffs.

• Balances SBA loan transfer fees.

• Perform Reconciliation for P & I payments between the investors and originator.

• Customer service liaison for safekeeping accounts.

• Escalates more complex service issues to seasoned associates.

• Performs analysis for safekeeping statements.

• Performs other duties and responsibilities as assigned.

• Basic technical concepts, practices and procedures of small business loan documentation and processing.

• Fundamental principles of banking and finance.

• Financial markets and products.

• SBA Underwriting guidelines and regulations.

• Federal and State lending laws.

• Loan software packages.

• Processing the loan packages.

• Verifying loan packages and supporting documents.

• Preparing loan settlement packages.

• Performing loan calculations.

• Operating standard office equipment and using required software applications, including Microsoft Office with an emphasis on Excel.

• Mass communication distributions.

• Read, interpret, analyze and apply information from loan package documents.

• Interpret and apply policies.

• Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.

• Communicate effectively, both orally and in writing.

• Work independently.

• Establish and maintain effective working relationships.

• Maintain currency in loan processing policies and procedures.

• Associate's Degree and one (1) to three (3) years of small business loan processing experience.

• ~or~

• An equivalent combination of education, training or experience.