myGwork - LGBTQ+ Business Community · 2 days ago

SBA Loan Specialist II (US)

Mount Laurel, NJ

Full-time

Remote

Entry Level

$24/hr - $36/hr

1+ years exp

Maximize your interview chances

Internet

Insider Connection @myGwork - LGBTQ+ Business Community

Discover valuable connections within the company who might provide insights and potential referrals.
Get 3x more responses when you reach out via email instead of LinkedIn.

Responsibilities

Researches within SBA Standard Operating Procedures and credit policy and applies findings to various transactional situations, adhering to both SBA eligibility and bank policy

Assists in managing the SBA loan pipeline from origination through closing in accordance with Bank policies and procedures, as well as SBA Standard Operating Procedures

Reviews documentation submitted to support lending transactions

Orders and reviews searches and other required due diligence

Serves as a SBA point of contact to support departments

Works independently and handles loan disbursements, ensuring all documentation is policy-compliant and adheres to SBA guidelines

Assists in obtaining information needed for loan requirements checklist

Establishes and maintains relationships, as applicable, with Business Development Officers, Credit Management, operations teams and others, as needed

Acts as liaison with Bank Counsel, Compliance Dept, ABL, Derivatives, CREA, and other various parties to the loans, as needed

Assists with collection of all required loan conditions (insurance, collateral, etc.), ensuring that they are sufficient and properly documented in compliance with Bank policy

Ensures deadlines are met

Assists with upload of complete and accurate loan documentation; may follow up for missing information; addresses any exceptions

Partners with Closing Specialist team to ensure that loans are funded and booked accurately and timely

Participates in special projects and performs duties, as required

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

SBA loan originationCommercial loan closingBanking regulationsBanking Systems knowledgeDocumentation skillsMicrosoft WordMicrosoft ExcelMicrosoft Access