The SBA Loan Processor/Closer shall support the Credit, SBA, and Loan Operations Departments with a variety of tasks to ensure government-guaranteed loans are processed and closed prudently according to Bank and/or government loan operating procedures.
Responsibilities:
Processing and Origination – approximately 40%
Process SBA 7(a), SBA 504, and USDA loans in accordance with bank policies and SBA Standard Operating Procedure (SOP) and/or USDA guidelines. This shall include working with loan officers and borrowers to collect loan application documentation.
Work with loan officer and borrower to ensure all loan application and processing documents are accurate and completed correctly prior to submission to underwriting.
Pull various reports and searches including, but not limited to, background checks, CAIVRS, flood searches, and IRS transcripts.
Submission of loan to SBA’s E-Tran system or other government agency portal.
Prepares CLP/GP and PLP submission package to the SBA.
Prepare SBA loan modifications in accordance with SBA guidelines.
Closing – approximately 40%
Work with loan officers, borrowers, and bank closing counsel to coordinate SBA or USDA loan closings after loan approval, and close loans within bank and government agency guidelines. This will require a proactive spirit working with loan officer, borrower, loan operations, and counsel to ensure receipt of all closing documents prior to closing, reviewing/finalizing closing statements, and scheduling closing dates.
Equity injection verification according to SBA SOP and/or USDA guidelines.
Collect broker/referral source invoices and other documentation after closing.
Track post-close items and ensure all items are completed.
Work with loan operations and counsel to perfect and record real estate and UCC liens.
Portfolio, Training, and Ad Hoc Support – approximately 20%
Provide ongoing support and servicing to the GGL loan portfolio by working with loan officer, credit administration, and SBA portfolio specialist.
Assist with audits and workout loans.
Stay up-to-date on SBA and USDA policies, underwriting guidelines, and applicable training.
Comply with all internal bank training.
Any and all other duties requested by Management.
Minimum Qualifications:
High School Diploma or Equivalent.
2+ years direct SBA processing and closing experience.
In-depth knowledge of SBA Standard Operating Procedure (SOP) 50 10 6.
Working knowledge of SBA One and SBA E-Tran.
Must be able to thrive in a fast-paced environment with deadlines and limited direction.
Excellent communication, writing, problem solving, and decision-making skills.
Intermediate Microsoft Word and Excel skills.
Desired Qualifications:
Bachelor’s degree required – Finance, Accounting, or Economics preferred.
5+ years direct experience processing, originating, and closing SBA loans.
Direct experience with USDA government-guaranteed loan programs.
Knowledge of commercial collateral perfection in the State of Florida.
About Central Bank
Proud to be a part of your community . . .
Central Bank officially opened in February 2007 in Tampa, FL and is a full service, independently owned Florida bank that specializes in serving the banking needs of individuals and small businesses. The overall strategy for Central Bank has always been to be an independent community bank providing a higher level of personalized service than is generally available from larger banks. Central Bank delivers its localized personal service combined with widely established technology-based services to provide convenience and easy access for its customers.
We are proud to announce that in August 2018, we opened two new offices one in Winter Park and one in St. Augustine. It’s the intent of the bank to develop long lasting and broad relationships with our customers that will focus on basic banking products. That means we can meet virtually any financial need you have at any point in your life. The employees of Central Bank look forward to serving new and existing customers. We respond to people and small business owners on an individual basis. Our Senior Lender has been with the bank since we opened and has a deep understanding of the cred...it culture and desired types of loan transactions. We are proud to announce that both managers at our new locations, have worked in their respective market for many years and understand the needs of their community. The majority of the business of Central Bank is relationship based, meaning most customers will have multiple account relationships, especially loan customers.
In addition to a full array of traditional deposit and loan products, we also offer mortgages. Our staff are highly respected professionals with years of expertise in their respective fields and are accessible to customers on site. We are able to offer responsive decision-making on loans, because decisions are made locally.
The bank and its employees give back to the community in which we work, live and raise our families. Our values and sensibilities are local and focused on our customers and community, allowing us to help create a better life for everyone. When it comes to upholding standards and providing exceptional service, we offer the one-on-one personal touch of your local home town bank.
Stop by and visit one of our locations today. We know you will see the difference. At Central Bank our focus is on our customers. So Bank Better not Bigger!
