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Susser Bank · 3 months ago

SBA Loan Coordinator I

Plano, TX

Full-time

Onsite

Mid Level

3+ years exp

Susser Bank is committed to establishing long-term financial relationships and is seeking an SBA Loan Coordinator I. This role involves maintaining compliance with bank regulations, providing exceptional customer service, and managing the SBA loan process from documentation to closing.

BankingCommercialFinancial Services

No H1B

Responsibilities

Maintain current knowledge and consistent compliance with all Bank regulations, policies and procedures related to the position including those related to the Bank Secrecy Act (BSA)

Provide timely and accurate customer service in a professional manner to customers, employees, and business partners

Assist in the collection of the documents necessary to submit loan files to underwriting

Review assigned loan files and determine the information required for closing

Prepare Borrower Checklist within 48 hours of file assigned

Coordinate and facilitate call with all parties to review lender commitment, loan conditions, timelines, and closing requirements

Order third party searches and reports. Ensure Underwriter has reviewed, approved, or added comment appropriately

Input and maintain files in the origination software and servicing core processing systems

Prepare and submit SBA application via ETRAN. Prepare closing documents for signature and submission to SBA (Delegated or Non-Delegated Authority), if applicable

Functionally serve as a second line of defense to safeguard the SBA Guaranty. Prepare and review SBA Authorization for accuracy and SOP compliance and ensure terms and conditions correspond with approval documentation

Maintain all loan documentation and ensure loan file accurately reflects the approved loan terms and protects the SBA Guaranty

Coordinates closing with title company, attorneys, brokers, certified development companies, et al. Understands each party’s responsibilities and procedures, inclusive of title insurance (exceptions, endorsements, etc.), title instruction letters and perfection of all collateral

Ensure funds are disbursed as per the eligibility of the SOP correctly and all fees are posted to the applicable general ledger accounts

Complete Pre-Closing audit of loan file and coordinate secondary review by manager or supervisor

Track and clear all post-closing tickler items within 90 days of after closing

Communicate effectively with all parties involved in the transaction

Maintain a strong working knowledge of the SBA SOP, required forms, and Application documents

Attend specialty courses, as directed by supervisor or management

Assist management in defining and implementing policies and procedures

Other duties as assigned

Qualification

SBA loan processingSBA SOP knowledgeCommercial Loan ProcessingLoan documentation systemsBank Core SystemsWord processingSpreadsheetsMulti-taskingOrganizational skillsTeamworkCommunication skillsAttention to detailTime managementSelf-driven

Required

Maintain current knowledge and consistent compliance with all Bank regulations, policies and procedures related to the position including those related to the Bank Secrecy Act (BSA)

Provide timely and accurate customer service in a professional manner to customers, employees, and business partners

Assist in the collection of the documents necessary to submit loan files to underwriting

Review assigned loan files and determine the information required for closing

Prepare Borrower Checklist within 48 hours of file assigned

Coordinate and facilitate call with all parties to review lender commitment, loan conditions, timelines, and closing requirements

Order third party searches and reports. Ensure Underwriter has reviewed, approved, or added comment appropriately

Input and maintain files in the origination software and servicing core processing systems

Prepare and submit SBA application via ETRAN. Prepare closing documents for signature and submission to SBA (Delegated or Non-Delegated Authority), if applicable

Maintain all loan documentation and ensure loan file accurately reflects the approved loan terms and protects the SBA Guaranty

Coordinates closing with title company, attorneys, brokers, certified development companies, et al. Understands each party's responsibilities and procedures, inclusive of title insurance (exceptions, endorsements, etc.), title instruction letters and perfection of all collateral

Ensure funds are disbursed as per the eligibility of the SOP correctly and all fees are posted to the applicable general ledger accounts

Complete Pre-Closing audit of loan file and coordinate secondary review by manager or supervisor

Track and clear all post-closing tickler items within 90 days of after closing

Communicate effectively with all parties involved in the transaction

Maintain a strong working knowledge of the SBA SOP, required forms, and Application documents

Attend specialty courses, as directed by supervisor or management

Assist management in defining and implementing policies and procedures

A Bachelor of Science or Arts degree from an accredited university is preferred. The minimum education is a High School Diploma subject to direct experience in the following areas: SBA loan processing/closing, Commercial Loan Processor, or Document Preparation

SBA Loan Coordinator I direct industry experience: A minimum of 3 – 5 years

Typically viewed as a specialist within discipline

Working knowledge of SBA SOPs

Proficient in word processing and spreadsheets (Word, Excel)

Strong organizational skills

Ability to work independently and as part of a team

Ability to accept feedback and guidance

Exceptional communication skills (verbal, writing, listening)

Strong attention to details, accuracy, time management

Self-driven and able to work in an environment with limited definition

Strong multi-tasker