SBA Loan Closer

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

📋 Description

• Prepare legal and credit files, SBA loan application packages, necessary signatures, SBA loan numbers, and SBA authorizations.

• Assess third-party vendor documentation, which includes UCC, lien, and flood searches.

• Ensure prompt payment of SBA guarantee fees.

• Examine corporate formation documents, partnership and LLC agreements, along with lease terms.

• Obtain and review escrow instructions, construction estimates, budgets, and insurance requirements.

• Manage DMV transactions and verify cash injections and eligible funding.

• Identify and proactively address potential issues related to loan closings.

• Prepare documentation request forms and evaluate received documents for adherence to Bank and SBA approvals and conditions.

• Coordinate document execution with all parties and examine executed closing documents for necessary signatures, notarizations, and witnesses.

• Facilitate loan funding in collaboration with Loan Operations.

• Initiate title and request preliminary title reports when appropriate.

• Maintain and reconcile loan expense logs.

• Oversee and manage multiple projects while effectively utilizing time and resources.

• Adhere to applicable federal laws and regulations, including AML and BSA requirements.

• Perform additional duties as needed within the scope of the classification.

⛳️ Requirements

• Proficiency in computer applications, including Microsoft Office and Excel.

• Strong written and verbal communication abilities.

• Exceptional customer service, organizational, analytical, interpersonal, negotiating, and problem-solving skills.

• Detail-oriented with the capability to work and multitask effectively in a fast-paced environment.

• Competence in using a personal computer and job-related software.

• Familiarity with commercial loan closing requirements and processes; knowledge of SBA procedures and software is preferred.

• Paralegal training and/or experience is advantageous.

• Required knowledge and experience in business loan structuring and loan documentation.

• Ability to establish and maintain effective working relationships both internally and externally.

• Capacity to meet deadlines and see projects through to completion.

• Proficient in expressing or exchanging ideas both verbally and through email.

• Ability to exert up to 10 pounds of force occasionally, use arms and legs, and remain seated for extended periods.

• Close visual acuity required for analyzing data, viewing a computer terminal, reading, and preparing documentation.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health and wellness benefits.

• Opportunities for professional development and career advancement.

• Supportive and collaborative work environment.