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First Internet Bank · 1 day ago

SBA Loan Closer I

Fishers, IN

Full-time

Onsite

Entry Level

1+ years exp

First Internet Bank is dedicated to finding a better way to bank, and they are seeking an SBA Loan Closer I. The role involves ensuring accurate and timely review of SBA loan transactions, coordinating with various stakeholders, and maintaining compliance with regulations.

BankingFinancial ServicesInternet

Growth Opportunities

Responsibilities

Manage a workload that includes multi-tasking and the ability to prioritize any conflicting issues

Review approved Credit Approval Document; coordinate with customer for any documentation needed prior to or at closing

Interact with the underwriters, referral partners, borrowers, attorneys, and other 3rd party vendors to ensure all conditions are met for closing

Review title commitments, title searches, other real estate related documents, entity documentation and legal documents of borrowers and ensures all Bank and SBA requirements have been met

Prepare necessary lien perfection documents to protect the Bank’s security interest in pledged collateral

Request, review and prepare all related Equity Injection documentation

Request and review all loan documentation from Bank Counsel for various types of loans including, but not limited to, SBA 7(a), Express Line of Credit and potential SBA 504

Assist Post-Closing department, when necessary, clearing any exceptions within the approved time periods

Remain current on all pending and proposed regulatory changes affecting compliance and SOP with SBA

Provide a high level of customer service to both internal and external customers

Perform other duties as assigned

Qualification

SBA Closing experienceLoan Closing processesGeneral banking experienceLegal entitiesFlood Insurance ComplianceMulti-tasking skillsMeet deadlinesPC skillsCommunication skillsInterpersonal skillsProblem-solving ability

Required

Minimum of one year of general banking experience or loan closing experience required

Knowledge of various legal entity borrowing structures such a Limited Liability Companies, Corporations, Partnerships, Tenant in Common structures, etc

Ability to navigate nationwide Secretary of State sites as deemed necessary to identify entity documentation needed

Knowledge of Flood Insurance Compliance and required documentation

Knowledge of Loan Closing processes and required documentation

Excellent written and verbal communication skills

Interpersonal skills to interact positively and effectively with all levels of employees, management, and third parties

Possess excellent multi-tasking skills

Ability to think outside the box to ensure proper due diligence is performed

Capability of working effectively under limited supervision

Ability to identify issues and opportunities and explore solutions

Ability to meet strict timelines and service level agreements

Strong PC skills required along with an ability to quickly learn new systems

Preferred

Minimum of one year of previous SBA Closing experience preferred

Heavy volume closing experience preferred

Bachelor's degree, associate's degree, or paralegal certificate preferred; Relevant and commensurate work and experience in the SBA Lending industry will also be considered