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SBA 504 Closing Officer jobs in United States
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TMC Financing · 1 month ago

SBA 504 Closing Officer

TMC Financing is the largest provider of Small Business Administration (SBA) 504 commercial real estate financing. They are seeking a Closing Officer to ensure loan closings are processed accurately and efficiently while serving as the primary liaison among various stakeholders throughout the closing process.
Financial Services
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Comp. & Benefits
Hiring Manager
Jenelle Ring, SPHR
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Responsibilities

Coordinate and manage all aspects of SBA 504 loan closings from approval through funding
Review all documentation for accuracy and address and resolve red flags that could delay closing and/or prevent debenture funding
Generate forms as required
Generate 327 loan amendments and track approval
Review and prepare closing checklists in compliance with SBA requirements and CDC policies
Ensure accuracy, completeness, and timely submission of all closing packages
Assist as needed to request required evidence of insurance, to include Hazard, BPP, Workers Compensation, Flood, Life, Liquor Liability insurances, as shown in SBA Authorization
Act as primary point of contact for borrowers, third-party lenders, title companies, escrow officers, and attorneys
Provide clear guidance to clients and partners on SBA closing requirements and timelines
Collaborate with internal departments and external parties to resolve issues and ensure a smooth closing process
Review loan authorizations, commitment letters, and related documentation for consistency and compliance
Ensure all closing conditions are satisfied before funding
Maintain complete and accurate electronic loan files in Salesforce, Ventures, Box and FileInvite
CAFS system fields maintained for accuracy and documentation submitted to SBA
Stay current with SBA regulations, policies, training sessions and procedural notices affecting the closing process
Reconcile/Review closing statements
Work closely with Closing Attorney to clarify unresolved issues and obtain required documents to meet SBA funding requirements
Transition completed loan files to the Closing Associates for review and submission

Qualification

SBA 504 loan closingLoan documentation reviewLoan closing complianceInsurance verification HazardInsurance verification BPPInsurance verification Workers CompensationInsurance verification FloodInsurance verification LifeInsurance verification Liquor LiabilitySalesforceMicrosoft WordMicrosoft ExcelMicrosoft OutlookCRM databases

Required

Bachelor's degree in a related field; or 4–6 years of related experience; or an equivalent combination of education and experience
3+ years of experience in loan closing, commercial lending, escrow/title, or a related field
Highly organized, disciplined thinker with the ability to work independently in a fast-paced, rapidly changing environment
Exceptional time and project management skills; able to manage multiple clients and projects simultaneously while prioritizing daily responsibilities
Strong analytical, and problem-solving skills
Strong attention to detail and accuracy under tight deadlines, without compromising quality
Excellent interpersonal, communication and customer service skills; able to interact effectively with diverse personality types and professional levels, both internally and externally
Proficiency in Microsoft Office Suite (Word, Excel, Outlook)
Working knowledge of CRM databases

Preferred

SBA 504 experience preferred
Salesforce experience strongly preferred

Benefits

Flexible Schedules : Balance work and life with adaptable scheduling options.
Comprehensive Benefits : Enjoy excellent health, dental, and vision plans.
Generous Time Off : Receive a generous vacation and holiday package.
Workplace Perks : Benefit from weekly catered lunches, free snacks and beverages, and company-paid commuter checks.
Health & Wellness : Access gym reimbursement and other wellness initiatives.
Parental Leave : Paid maternity and parental leave to support your growing family.
Professional Growth : Participate in ongoing training and development opportunities.
Recognition & Rewards : Celebrate your hard work with parties, matching charity donations, and acknowledgment programs.
Growth Opportunities : We prioritize internal promotions whenever possible.
This role is also eligible for incentive and bonus.

Company

TMC Financing

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TMC Financing supports small business administration with real estate financing and loan services.

Funding

Current Stage
Growth Stage

Leadership Team

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Kurt Chambliss
Chief Business Development Officer
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Company data provided by crunchbase