SBA Closing Specialist- CBG Operations; Remote

SBA Closing Specialist – CBG Operations (Remote Opportunity)

Thank you for your interest in a career  Regions, we believe associates deserve more than just a job. We believe in offering performance‑driven individuals a place where they can build a career — a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law.

Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

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 Specialists, Assistants, internal staff, closing attorney firms, and applicable third parties (i.e., 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.

Will be responsible for resolving any issues that come up during the closing process.

• Reviews approved loan packages received from Underwriting to include credit memos, commitment letters, terms and conditions to ensure critical components have been provided by the lending officer for the documentation process
• Manages the most complex transactions, requiring a high degree of autonomy and the ability to draw upon expertise and knowledge in the SBA documentation process
• Accurately and quickly determines documentation requirements based on SBA SOP and Regions Credit Policy guidance
• Creates and maintains the closing checklist
• Trains and mentors more junior team members
• Monitors Closing Team Portfolio for assignments and peer reviews
• Coordinates and leads communications with the borrower, SBA Specialist, Assistants, internal staff, and closing attorneys
• Sets up third‑party engagements commensurate with credit approval, including but not limited to attorneys, real estate and business appraisers, etc.
• Identifies, requests, and reviews critical documents related to entity searches, UCC searches, flood determinations, construction financing, and other required supporting documentation and has authority to resolve key issues related to these pieces
• Submits applications through the appropriate SBA systems (ETran and SBA One) for guaranty authorizations
• Prepares various loan documents for closing
• Prepares or coordinates the preparation of legal documents in response to issues discovered during the closing process to mitigate risks associated with SBA or Regions Program requirements
• Confirms satisfaction of loan approval terms and equity requirements prior to closing
• Ensures post‑closing booking, funding, and title searches are properly administered and documented
• Independently monitors 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
• Maintains currency with SBA SOP requirements, procedures, and changes

This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

• High School Diploma or GED
• Six (6) years of SBA closing experience and knowledge of SBA loan program requirements or equivalent…