VP SBL Loan Closing Officer III

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

📋 Description

• Gather, assess, audit, and analyze the documentation necessary for SBA loan closings.

• Examine SBA Terms & Conditions and credit memorandums to confirm that closing conditions are met.

• Coordinate modifications or amendments pertaining to SBA when required.

• Ensure adherence to SBA SOP requirements, Bank policies, legal documentation standards, and loan approval conditions.

• Identify and rectify documentation deficiencies, compliance issues, collateral concerns, and exceptions.

• Prepare, review, and authenticate loan closing documents.

• Independently oversee intricate SBA loan transactions.

• Facilitate closing activities with borrowers, referral sources, attorneys, title companies, CDCs, SBA representatives, insurance agents, vendors, and internal departments.

• Prepare, review, and manage loan funding requests, including SBA guaranty fees and closing costs.

• Maintain comprehensive electronic loan files in line with retention, audit, and regulatory mandates.

• Obtain or assist with post-closing exceptions and tickler items.

• Escalate any discrepancies, documentation deficiencies, and operational risks.

• Keep loan status reports, workflow tracking, and pipeline management information updated.

• Offer guidance, technical support, and mentoring to less experienced closing staff.

• Collaborate on operational enhancements, efficiency, customer experience, and quality control.

• Foster relationships with borrowers, attorneys, title companies, CDCs, and internal personnel.

• Manage and oversee a pipeline of 12–14 loans.

• Execute other assigned duties.

⛳️ Requirements

• Bachelor’s degree in a relevant field or a comparable mix of education and experience.

• 7 years of experience in loan documentation or SBA.

• In-depth understanding of SBA loan programs, including 7(a), SBA Express, and 504.

• Comprehensive knowledge of SBA Standard Operating Procedures (SOP), commercial loan documentation, and closing necessities.

• Preferred advanced understanding of SBA eligibility, loan documentation, and closing requirements.

• Experience with E-Tran is preferred.

• Strong verbal, written, and interpersonal communication skills are preferred.

• Excellent organizational, problem-solving, and decision-making capabilities are preferred.

• Proven project management skills with the capacity to handle a high-volume pipeline are preferred.

• Exceptional customer service skills are preferred.

• Successful completion of a background check, including credit, criminal, educational, employment, OFAC, and social media history.

🏝️ Benefits

• Remote position available anywhere in the U.S.A.

• Occasional travel required, at least once per year.

• Equal opportunity employment.

• Background screening including credit, criminal, education, employment, OFAC, and social media history.