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HomeTrust Bank · 1 day ago

SBA Senior Loan Packaging & Closing Specialist

Saint Petersburg, Florida, United States

Full-time

Onsite

Senior Level

5+ years exp

HomeTrust Bank is a community-focused financial institution committed to providing value-added community banking. The SBA Senior Loan Packaging & Closing Specialist is responsible for processing and closing SBA and USDA loans while ensuring compliance with relevant regulations and maintaining strong relationships with clients and internal teams.

BankingCommunitiesFinancial Services

Responsibilities

Manage the Commercial Loan Pipeline (CLP) record after the initial entry by the Relationship Manager, and monitor and update status through each phase of process

Assist in the collection and review of required application and financial documents to establish the SBA Borrower Checklist

Responsible for maintaining the SBA Client File in accordance with the Bank's file folder structure an ensuring documentation is saved to the appropriate subfolders using the Bank's established naming conventions

Draft, review, and manage the SBA Borrower Checklist, SBA Forms including Forms 1919 and 159, Loan Authorizations, ETRAN Terms and Conditions, and Loan Commitment Letters

Ensure loans are closed in compliance with the Bank's and SBA's policies and procedures

Upon approval, review approved SBA and/or USDA credit application package to determine appropriate due diligence and documentation necessary to ensure proper collateral position and compliance with the Authorization, ETRAN Terms and Conditions, and applicable SOP(s)

Ensure timely processing of loan package to include, but not limited to, ordering a variety of reports such as site inspections, real estate appraisals, environmental reports, business valuations, flood determinations, OFAC, System for Award Management Searches (SAM); obtaining and reviewing CIP, Beneficial Ownership Certification, required insurance documentation, Secretary of State entity verification, organizational documents, trust agreements, and HMDA reporting requirements

Ensure timely packaging, ETRAN data entry, and submission of loan applications to SBA for approval via PLP (delegated) or GP (non-delegated) processing

Update CLP as items are completed, utilizing SBA Borrower Checklist; provide frequent status updates to Borrower and SBA Relationship Manager

Engage HomeTrust Bank approved counsel for loan documents. Coordinate ordering of UCC searches and title work. Prior to losing review all UCC searches, title work, and final draft loan documents for accuracy and adherence to Bank's loan approval and SBA Terms and Conditions

Prepare necessary internal dcouments, as needed, prior to closing

Upon review of executed loan documents, approve and disburse funds per the final approved Settlement/Closing Statement, including verification of wiring intructions and initiate wires for disbursements

Ensure good faith deposit(s) are reconciled correctly at closing

Prior to funding, perform a post-closing review of original executed loan documents for accuracy and completeness

Ensure CLP is up to date for on-boarding and notify SBA Loan Servicing Team loan is ready for on-boarding

Participate in and contribute to bi-weekly departmental meetings and weekly pipeline meetings

Ensure Broker/Referral Agreement and invoice are on file prior to closing. Ensure necessary SAM searches on Broker firm and Individual Agent and SBA Form 159 are completed prior to closing

Provide superior customer service with the end goal to serve the client's needs

Manage all other facets of the loan transaction from origination to boarding

Maintan confidentiality and security of sensitive information

Adhere to all corporate policies and procedures, Federal and State regulations, and laws

Complete all mandatory compliance training

Follow regulatory requirement including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identifications, detection and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws

Perform other duties and special projects as assigned

Qualification

SBA loan processingE-TranLoan documentation reviewClient relationship managementSharePointMicrosoft OfficeConflict resolutionAttention to detailTeam collaborationOrganizational skills

Required

5+ years of loan processing experience, with 2+ years of experience in SBA packaging/closing

Experience in reviewing title work/title insurance

Experience in reviewing property, liability, and flood insurance policies

Experience with SBA programs, E-Tran, processing requirements, and the Standard Operating Procedure as it pertains to job functions

Experience managing client relationships and processes

Communicatively strong in conversational interactions and conflict resolution

Proficient with SharePoint and ShareFile

Above average communications skills with emphasis on listening and problem-solving skills

Demonstrated ability to handle multiple tasks simultaneously and exceptional organization skills

Ability to understand and use bank policies and procedures to ensure operational efficiency and regulatory compliance in conjunction with the SBA's Standard Operating Procedures and USDA's Policies and Procedures

Ability to prioritize duties and work independently

Self-motivated with excellent attention to detail

Ability to meet designated deadlines while remaining flexible to changing assignments

Must be able to work in a team environment and contribute to building a positive team atmosphere

Proficient in Microsoft Office products