Small Business Loan Specialist

Small Business Loan Specialist

Requirements

• High school diploma, on-the-job training, and ongoing education.
• 1-3+ years of experience in commercial or consumer loan processing, closing or underwriting.
• Experience in banking or financial services.
• Experience working with loan documentation systems and workflow tools is also valuable.
• Detail-oriented with strong organizational and time management skills.
• Ability to multi-task and manage multiple loans and processes at once.
• Knowledge of bank policies, regulations, and compliance requirements.
• Proficiency with systems like LOS (Loan Origination Systems), and general office software (Word, Excel, Outlook).
• Excellent communication skills, especially for coordinating between SBA, internal teams, and possibly clients.
• Understanding of loan documentation, funding, closing, and quality control.

Responsibilities

• Process, document, close and provide quality control assistance on Small Business Express products.
• Facilitate consistent and clear communication between branches and internal teams.
• Complete LaserPro loan documents in support of Small Business Express products.
• Accurately execute maintenance of loan files, including documentation and record-keeping in accordance with regulations and organizational standards.
• Facilitate consistent and clear communication between SBA and internal teams.
• Track, manage, and resolve SBA documentation requests in support of SBA loan.
• Serve as a key resource for teammates and other departments, providing guidance and information on small business and SBA lending.
• Oversee the efficient and accurate processing of small business and SBA requisitions and related tasks.
• Handle complex quality control issues and situations, providing solutions that align with policy and regulatory requirements.
• Follow established processes and standards to comply with relevant regulations and company policies.
• Promptly review changes in policies, procedures, and regulations to ensure processes are being completed accurately.
• Stay current with industry trends, SBA regulations, and bond lending best practices through continuous education, training, and professional development opportunities.
• Ensure timely and accurate preparation of Currency Transaction Reports, Suspicious Activity Reports and other recordkeeping requirements.
• Complete and pass all assigned eLearning courses and certifications as required.
• Avoid all real or perceived conflicts of interest and always maintain client privacy and confidentiality.

Preferred Qualifications

No preferred qualifications provided.