Job Description

Essential Responsibilities:

• Prepares legal and credit files, SBA loan application packages and obtains all required signatures, prepares, submits and coordinates with SBA the issuance of an SBA loan number and prepares SBA authorization.
• Evaluates third party vendor documentation such as Uniform Commercial Code (UCC) and line and flood searches.

• Ensure payment of SBA guarantee fee in the SBA required time frame.
• Review articles and by-laws as well as partnership and LLC agreements.
• Verifies appropriate lease terms.
• Obtains and reviews escrow instructions (if applicable).
• Gathers final estimates/budgets for construction project and leasehold improvements.
• Ascertains insurance requirements.
• Handles DMV transactions (if applicable).
• Verifies cash injections.
• Verifies eligible funding via joint payee checks on capital expenses.
• Recognizes and proactively resolves potential problems in the loan closing process.
• Prepares documentation request form for submittal to documentation unit or outside Bank counsel and reviews documents upon receipt to insure conformance with Bank and SBA approval and conditions.
• Coordinates and schedules document execution with all parties as appropriate.
• Reviews executed closing documents to ensure all required signature, notaries, and /or witness signatures are properly completed.
• Prepares and coordinates loan funding with Loan Operations.
• Opens title and orders preliminary title report, as appropriate.
• Maintains expense log for each loan and reconciles with deposit received by Bank.
• Ability to effectively supervise and coordinate multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes.
• Computer literate; fluency in Microsoft Office programs and Excel.
• Ability to establish and maintain effective work relationships both internally and externally.

• Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).

• Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification.

Minimum Required Skills & Competencies:

• Excellent communication skills, both written and verbal.
• Excellent customer service skills.
• Excellent organizational, analytical and interpersonal skills.
• Detail-oriented.
• Ability to work and multi-task in a fast-paced environment.
• Ability to use a personal computer and job-related software.
• Knowledge of commercial loan closing requirements and processes with an emphasis on SBA preferred and knowledge of SBA software preferred. Paralegal training and/or experience a plus.

Desired Skills & Competencies:

• Must possess highly developed interpersonal and negotiating skills.
• Must be an effective motivator and communicator with members, prospective members and staff.
• Must have strong analysis and problem-solving skills.
• Strong in-person, verbal, and written communications skills within a collaborative environment.
• Must be a creative thinker and initiative-taking analytical person with a history of working efficiently and effectively, meeting deadlines, and following projects through to completion.
• Knowledge and experience in business loan structuring and loan documentation required.

Physical Requirements:

• Express or exchange ideas by means of the spoken word via email and verbally.
• Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not substantially exposed to adverse environmental conditions.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities