Senior SBA Loan Closer

Senior SBA Loan Closer – Pacific Time Zone

Position at First Business Bank:
Join the growing team at First Business Bank as a Senior SBA Loan Closer – Pacific Time Zone. At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority – they embody ambition, experience and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each others differences and a focus on improving our communities, we are confident you will find the experience is your advantage.

We’re delighted you’re considering joining us!

Work Model:
Fully remote position. Requires the employee to be in Pacific Time Zone, preferably California.

• Manage multiple SBA loan files and meet tight closing deadlines.
• Close complex SBA commercial loans independently.
• Maintain organized, accurate loan files and prepare required SBA forms.
• Create and share borrower closing checklist and host kickoff calls.
• Act as SME for various SBA loan types (Acquisitions, Construction, CRE, Refinances, Start-ups, ROBS).
• Verify closing conditions comply with SBA SOPs and update Material Change Form.
• Coordinate Landlord Waiver approvals and order necessary searches.
• Prepare collateral descriptions, file UCCs and work with attorneys to meet legal requirements.
• Input data into origination systems (Etran, Salesforce) and clear compliance exceptions.
• Review attorney documentation, ensure proper execution and prepare for funding.
• Disburse funds per SBA approval and complete post-closing review for submission.

• Clearly communicate closing requirements and changes to borrowers and stakeholders.
• Escalate issues promptly and manage communication among all involved teams.
• Send due diligence items for approval and communicate realistic closing timelines.

• Maintain accurate client and Salesforce files.
• Review documentation for SBA compliance and address pre-closing review findings.
• Collaborate with Compliance Team to improve processes as SBA guidelines evolve.

• Provide weekly pipeline updates to SBA team.
• Work with BDOs and Credit Team to ensure documentation and requirements are met.

• Associate degree required, Bachelor’s degree preferred.
• 5-7 years specific SBA closing experience in a heavy-volume closing department.
• 5-7 years of general banking/finance industry experience, preferably in the commercial lending area.
• Demonstrated aptitude and curiosity for technology and systems, including emerging tools such as AI; ability to quickly learn, adapt and leverage digital solutions to drive efficiency and innovation.
• Strong organizational skills; high level of accuracy and attention to detail.
• Ability to work in fast-paced, high intensity work environment.
• Excellent time management and multi-tasking skills and ability to set goals, prioritize work, meet deadlines and handle interruptions while maintaining focus on results and quality.

• Comprehensive Health, Dental and Vision plans
• Competitive compensation with focus on professional development and internal mobility
• Paid vacation time (15 days minimum per year)
• Paid sick leave (6 days per year)
• 1 day paid volunteer time
• 10 paid holidays annually
• Paid parental leave
• 401(k) program with company matching and additional profit sharing contribution
• Performance based annual incentive program
• Free and confidential Employee Assistance Program
• Wellness programs
• Education Assistance Program
• Employee Stock Purchase Program
• Plus many other perks and benefits

First Business Bank participates in the E-Verify program. Know Your Right to Work English and Spanish.

First Business Bank is an Equal Opportunity Employer, including Veterans and Individuals with Disabilities.

If you require a reasonable accommodation for any part of the employment process, please email [email protected]