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First Business Bank · 2 hours ago

Senior SBA Loan Closer

United States

Full-time

Remote

Senior Level

5+ years exp

First Business Bank is seeking a Senior SBA Loan Closer to join their growing team. This role involves managing complex SBA loan closings, ensuring accuracy and compliance, while working directly with borrowers to collect documents and resolve issues.

Financial Services

Culture & Values

Responsibilities

Manage multiple SBA loan files and meet tight closing deadlines

Close complex SBA commercial loans independently

Maintain organized, accurate loan files and prepare required SBA forms

Create and share borrower closing checklist; host kickoff calls

Act as SME for various SBA loan types (Acquisitions, Construction, CRE, Refinances, Start-ups, ROBS)

Verify closing conditions comply with SBA SOPs and update Material Change Form

Coordinate Landlord Waiver approvals and order necessary searches

Prepare collateral descriptions, file UCCs, and work with attorneys to meet legal requirements

Input data into origination systems (Etran, Salesforce) and clear compliance exceptions

Review attorney documentation, ensure proper execution, and prepare for funding

Disburse funds per SBA approval and complete post-closing review for submission

Clearly communicate closing requirements and changes to borrowers and stakeholders

Escalate issues promptly and manage communication among all involved teams

Send due diligence items for approval and communicate realistic closing timelines

Maintain accurate client and Salesforce files

Review documentation for SBA compliance and address pre-closing review findings

Collaborate with Compliance Team to improve processes as SBA guidelines evolve

Provide weekly pipeline updates to SBA team

Work with BDOs and Credit Team to ensure documentation and requirements are met

Qualification

SBA loan closingCommercial lendingBanking/finance experienceOrganizational skillsTime managementAttention to detailAdaptabilityCommunication skills

Required

Associate degree required, Bachelor's degree preferred

5-7 years specific SBA closing experience in a heavy-volume closing department

5-7 years of general banking/finance industry experience, preferably in the commercial lending area

Demonstrated aptitude and curiosity for technology and systems, including emerging tools such as AI; ability to quickly learn, adapt, and leverage digital solutions to drive efficiency and innovation

Strong organizational skills; high level of accuracy and attention to detail

Ability to work in fast-paced, high intensity work environment

Excellent time management and multi-tasking skills and ability to set goals, prioritize work, meet deadlines, and handle interruptions while maintaining focus on results and quality