Government Lending Loan Closing Team Lead

This is a fully remote position, open to applicants in Alabama, +6 more states.

📋 Description

• Provide guidance, training, and support to Loan Closing Specialists to achieve personal, departmental, and corporate objectives.

• Prepare loan documentation in accordance with credit approvals utilizing LaserPro.

• Finalize individual loans and oversee a personal loan pipeline.

• Conduct and document mandatory due diligence searches including CAIVRS, SAM.gov, and OFAC.

• Execute and refine UCC searches and filings.

• Input loan applications comprehensively in E-Tran for prompt submission and approval.

• Coordinate with legal counsel and arrange borrower communications as necessary.

• Clarify the closing process and outstanding requirements to borrowers, following up to collect any missing items.

• Act as the primary contact for borrowers and legal counsel.

• Prepare files and documentation for auditing purposes.

• Train new Loan Closing Specialists and provide continuous training support.

• Maintain and update the SBA 7(a) Small Loan Closing procedures manual.

• Offer backup support to the SBA 7(a) Small Loan Closing Specialists during periods of staffing shortages or increased workloads.

• Manage competing priorities to avoid bottlenecks and ensure loan progress.

• Liaise with the Small Business Administration to confirm compliance.

• Review and amend Bank and SBA loan documents before obtaining signatures.

• Oversee and direct loan closing turnaround times.

• Adhere to relevant banking regulations, policies, procedures, and training obligations.

⛳️ Requirements

• High School Diploma or GED is mandatory.

• A degree in Business or Finance is preferred.

• A minimum of 5 years of experience in SBA is required.

• At least three years of experience in SBA 7(a) Small Loan Closings is preferred.

• Strong knowledge of the SBA’s Standard Operating Procedures is essential.

• Proficiency in Microsoft Word, Excel, Outlook, and ETRAN is required.

• Familiarity with Navigator Fiserv, LaserPro, DocuSign, and PCFS Loan Manager is preferred.

• Comprehensive knowledge of SBA-required due diligence platforms, including CAIVRS, SAM, Tax Guard, and ETRAN.

• Strong organizational skills and understanding of workflow management.

• Exceptional written and verbal communication skills, including the ability to present to groups and influence others.

• Effective analytical and problem-solving skills with the capacity to prioritize multiple responsibilities.

• Critical thinking ability for decision-making and appropriate escalation of issues.

• Flexibility to adapt to changing requirements.

• Ability to work independently.

• Capability to stand and/or sit for extended periods.

• Proficiency in accessing and interpreting information on computer screens, documents, reports, and identifying customers.

• Ability to excel in a fast-paced, deadline-oriented environment.

• A secure home office environment free from background noise and distractions.

• A reliable private internet connection, preferably not through cellular data/hotspot; cable or fiber is preferred.

🏝️ Benefits

• Fully remote work opportunity.

• Safe home office setting.

• Reliable private internet connection; cable or fiber is preferred.

• Travel may be required for meetings as necessary.

• On-the-job training provided.

• Additional training as determined by management.

• Annual compliance training is required.

• Ongoing SBA SOP Training available.

• Reasonable accommodations may be provided for individuals with disabilities.