SBA Loan Closer

This is a fully remote position, open to applicants in Ohio.

📋 Description

• Oversee a dynamic pipeline of SBA 7(a) and Express loans, which encompass intricate structures and multi-facility transactions.

• Interpret and apply SBA SOP guidelines throughout the closing process effectively.

• Perform thorough document reviews to ensure SBA compliance and address any issues that arise.

• Collaborate with clients and advisors to gather and assess documentation required by both the SBA and lenders.

• Establish trust, address concerns, and uphold professionalism in interactions with borrowers.

• Communicate closing conditions and funding schedules to borrowers and relevant stakeholders.

• Review and confirm credit approvals, authorization documents, and closing conditions for SBA eligibility.

• Ensure that loans are adequately collateralized, documented, and disbursed in accordance with SBA and Bank standards.

• Work together with internal teams, legal counsel, and third-party providers to fulfill SBA closing requirements.

• Execute additional duties as assigned and adapt to evolving priorities.

⛳️ Requirements

• Bachelor’s degree or equivalent professional experience.

• Solid understanding of SBA loan closing and documentation processes.

• Strong commitment to regulatory compliance and excellent client service.

• Typically 3–5 years of relevant experience in SBA loan processing, regulatory compliance, credit review, documentation management, and client communication.

• Expertise in managing SBA 7(a) and Express loans, including complex structures and multi-facility transactions.

• Capability to interpret and apply SBA SOP guidelines effectively.

• Experience in reviewing credit approvals, authorization documents, and closing conditions for SBA eligibility.

• Competence in ensuring loans are properly collateralized, documented, and disbursed according to SBA and Bank standards.

• Proficiency in Microsoft Office applications, including Outlook, Word, Excel, and PowerPoint.

• Ability to conduct meticulous document reviews and resolve issues with minimal oversight.

• Skilled at managing multiple transactions and deadlines with a keen attention to detail.

🏝️ Benefits

• Eligibility for an incentive compensation plan based on company performance, line of business, and/or individual achievements.

• Comprehensive benefits package to support physical, financial, emotional, and social well-being.

• Benefits available for employees and their families.