Washington Trust Bank · 10 hours ago
SBA Loan Processor/Closer I-II
Seattle, WA
Full-time
Onsite
Mid, Senior Level
$26.63/hr - $39.94/hr
5+ years expWashington Trust Bank is a financial institution seeking an SBA Loan Processor/Closer I-II to prepare and verify SBA loan documentation. The role involves acting as a liaison between borrowers and loan specialists, ensuring efficient workflows and compliance with SBA guidelines.
FinanceFinancial Services
Responsibilities
Prepares SBA files while assisting Relationship Managers on transactions while communicating effectively with analysts to ensure efficient workflows are maintained
Prepares appropriate documentation and tracks receipt of completed documents to ensure files are completed in a timely manner
Completes loan documentation requests that enable the Loan Servicing Center to generate loan closing documents upon receipt of completed package from SBA Loan Specialist and reviews documents to ensure proper vesting, legal descriptions, dates, signatures, etc
Acts as closing agent for loans as needed, including funding loan proceeds according to loan documents
Stays in close contact with borrowers in order to ensure timely receipt of necessary items
Follows up on insurance, UCC renewals, financial statements, tax returns, corporate verification of status, inspections, etc
Manages compliance databases for the quality control process, ensuring loans are following strict SBA guidelines
Sell and cross-sell bank accounts and services as normal aspect of public contact
Assists Loan Specialists as a point of contact for customers and employees to answer questions regarding SBA loans
Assists loan officer in commercial construction projects by maintaining cost breakdown analysis
Gathers tax returns and financial statements to assist in preparation of loan write-ups as requested
Perform compliance and risk management duties as required or assigned
Regular, reliable attendance is required
Qualification
Required
Complete general banking knowledge with 5+ years of experience including commercial lending underwriting, loan documentation and servicing requirements
Prefer experience with SBA loan processing
Must be detail oriented in comprehending and applying underwriting and regulatory requirements
Knowledge of government regulations surrounding SBA lending
Ability to become familiar with, and implement, with a high degree of accuracy, the SBA Standard Operating Procedures for all functions
Ability to prioritize workflow, problem solve and manage multiple tasks under deadlines and stress while maintaining a professional and mature demeanor
Required to maintain the security and confidentiality of Bank and customer information
Excellent verbal and written communication skills in all levels of the bank, inter-division as well as cross-department with above average courtesy and tact to deal with a wide range of people in a variety of roles
High degree of PC based technical skills, including proficiency with the Microsoft Suite of products
Benefits
Health
Financial
Retirement
Work/Life Benefits
Company
Washington Trust Bank
Washington Trust Bank is an banking, money, advice, financial, wealth, and investment provider.
1001-5000 employees
H1B Sponsorship
Washington Trust Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Jack Heath
Chief Executive Officer
Recent News
2025-11-05
2025-10-07
2025-08-27
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