HomeStreet Bank · 1 day ago
Processor Senior Small Business Administration
HomeStreet - CA - Remote Worker
Full-time
Onsite
Mid, Senior Level
$76K/yr - $122K/yr
7+ years exp
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Responsibilities
Responsible for packaging, and processing SBA loans and work closely with RM, the SBA closer, client and brokers throughout the underwriting and closing process.
Ensures that the SBA package is complete and accurate in complying with SBA SOP procedures and bank policy and procedures.
Gather and verify all necessary information in order to prepare the SBA application; to include business plan, tax returns, equity injection, and other necessary SBA forms.
Reviews and comprehends complex loan documentation, loan terms and financial elements for accuracy and consistency with the credit approvals.
Notifies the RM, underwriter and client of items missing or required for corrections.
Organize loan files; prepare and maintain needs list and follow-up as required to ensure receipt of all necessary documents.
Prepare the SBA application package and submission to the SBA ensuring accuracy and completeness.
Interface with other departments and SBA in servicing clients.
Coordinates and maintains all construction budgets, draws, reconciliations, inspections, maturities and extensions.
Review all SBA documents necessary to meet Lender and SOP policies and procedures.
Reviews requests for changes and/or waivers to certain loan documents and conditions within scope of authority.
Identifies issues and concerns, coordinates communication of requests with RM, underwriter and/or management for resolution.
Oversee Jr. processor daily loan process flow duties, which may include obtaining organizational documents, appraisal and environmental reports, UCC searches, credit reports, CAIVRS, OFAC, SAM’s CIP, Flood searches and requesting 4506 Request for Transcripts.
Provides input and answers questions relating to loans being reviewed by internal and external examiners.
Works on special projects related to origination, processing, loan documentation, closing and disbursement processes
Interface with other departments and SBA in servicing clients.
Assume other responsibilities or special duties associated with the function of the Department as may be delegated by SBA manager and senior management.
Participates in required companywide training.
Qualification
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Required
Bachelor’s Degree or equivalent work experience required.
A minimum of 7 years’ experience in SBA loan processing and/or SBA and commercial loan documentation knowledge is required.
Thorough knowledge of SBA SOP, USDA B & I is required.
Ability to maintain a high level of accuracy and attention to detail.
Ability to work independently and handle multiple priorities concurrently.
Excellent command of the English language; excellent writing skills.
Familiarity with real estate lending and accounting terminology.
Able to operate a Personal Computer and view information on a monitor.
Must be able to sit for many hours each day.
Must be able to communicate via telephone and possess dexterity to include filing document, reaching and bending.
May be required to stand for extended periods of time.
Ability to lift or carry up to 10 pounds.
Ability to speak and understand English and express ideas and have difficult conversation in person and over the telephone.
Ability to listen and comprehend speech.
Ability to problem solve, make decisions, interpret data and information, read, write and organize information in an orderly manner.
Willing and able to travel occasionally as needed.
Normal business office environment.
Ability to work in artificial light for extended periods of time.
Benefits
Medical, dental, and vision coverage for employees and their families
Life, disability and family Leave
401(k) and Roth 401(k) with employer match
Wellness program, employee assistance program, “Commute Trip Reduction” (CTR) and various employee discounts
Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work
Free employee checking account and employee home loan discounts
Company
HomeStreet Bank
HomeStreet Bank is one of the largest community banks in the Northwest, California and Hawaii.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2024-04-30Acquired
2016-03-07IPO
Leadership Team
Mark K. Mason
Chairman of the Board and Chief Executive Officer
Recent News
2024-11-27
American Banker
2024-11-19
Business Wire
2024-10-30
Company data provided by crunchbase
