The SBA Loan Closer will support the Banks SBA program by handling the necessary transactions needed to close and book approved SBA loans. The role involves administering loans from origination through settlement, analyzing internal bank loan approvals, and ensuring compliance with regulatory requirements.
Requirements
- Knowledge of SBA loan closing and documentation procedures
- Knowledge of commercial loan documentation procedures, title policies, appraisals, environmental assessments and entity formation documents
- Knowledge of various federal regulations including Bank Secrecy Act, Community Reinvestment Act, Americans with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, Regulation E and US PATRIOT Act
- Knowledge of processing underwriting and/or closing procedures/federal lending regulations governing real estate lending
- Excellent communications, planning, customer service, organization and interpersonal skills
- Thorough understanding of SBA Standard Operating Procedure
- Five plus years of experience as SBA Loan Closer
Benefits
- World class health, vision, and dental benefits on day one
- 401k with employer match
- Hybrid work from home
- Employee appreciation events
- Employee assistance programs
- Wellness programs
- Tuition reimbursement
- Employee Discount perks
- CNOB Community Service Events